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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Eagle who wrote (54412)4/5/2006 8:43:59 AM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
Eagle..For now I am staying away from it for there are so many other bios/pharms out there to play right now.

Lexi



To: Eagle who wrote (54412)4/5/2006 9:20:27 AM
From: George8  Respond to of 59879
 
GNBT's chart indicates huge dump at $3-5. It has to take back $3 and consolidate above it to be bullish.

On the other hand, if it closes below $2, it's very bearish. It most likely will be dead money for a while.

Indeed it's risky to hold, even just for over night.



To: Eagle who wrote (54412)4/5/2006 11:01:11 AM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
STTK Fibs:

.382 = 1.13

.50 = .93

.618 = .729

.786 = .44

Darn if it hasn't hit that 1.13 EXACTLY and bounced. Of course bounced could be temporary. People often buy at the fib levels and that would cause a bounce if only short-term. We'll see.

Lexi


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