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


To: TATRADER who wrote (57053)12/23/2006 12:28:10 AM
From: GTC Trader  Respond to of 59879
 
LMRA - Mark,

I got stopped out of the majority of my LMRA shares, but have held on to a small position. I had connected the two November highs to for a downtrend line, and that line has been hit eight times, not counting the huge black candle on 12/13 where it opened just below 8. Today's high was once again just below this line. Would you consider buying a break above this DT line, or only a break above 8? A move higher from here would put the 50% retracement around 7.90. That could be a nice run from 6.

Thanks for thinking of me. Merry Christmas to you and yours, and may 2007 be filled with many blessings.

Grace and peace - Ken



To: TATRADER who wrote (57053)1/8/2007 9:11:09 PM
From: GTC Trader  Read Replies (2) | Respond to of 59879
 
<< As you know I got stopped out of LMRA, but that doesn't mean that it is off my watch list...If it ever goes back to 4.87 area I buy, or on its next takeout of upside resistance... >>

Mark,

You may get your chance to buy back into LMRA at your 4.87 target.

Still interested?

Ken