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

To: Jane4IceCream who wrote (56141)8/22/2006 12:30:50 PM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
Hi Jane,

I'm just short-term trading it, so I thought it would be good for the 1.70s and then a pull back. I did a fib of the previous high 2.10 down to the low of 1.30 and figured a 50% bounce which would make it 1.70 as the approximate target. I believe it will pull back and then I plan to enter again if it goes into the 1.40s or low 1.50s. Then, I'd look for it to go into the 1.80s+. That's my best guess.:)

Lexi


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