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


To: bumblin bob who wrote (58155)3/31/2007 7:22:15 AM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
Sorry I didn't respond earlier. Was busy Friday with other responsibilities. Regarding VIMC:

1. MACD close to crossing on daily chart.

2. Stoch looks overbought, indicating there might be a pull back.

3. Thursday had a gap up.

4. Friday's HOD wasn't as high as Thursday's HOD, plus candle was black.

5. 5.95 would fill the gap, would think that might be a good entry place....or bid .01 or more higher in case too many buy there and shares might not be filled.

6. After retrace would like to see higher than the last high of 6.58 to show downtrend has stopped.

Certainly worth watching.:) Know nothing about company or FA...based remarks just on chart study.

Thanks for mentioning it.

Lexi