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

To: smahi who wrote (59017)	7/20/2007 3:59:01 PM
From: lexi2004	Respond to of 59879

FONR..Sorry, wish I'd read this sooner so I could have help you earlier in the day. Anyway...here's what I see.... After the ramp, it came down to the 200 SMA and bounced off that. It fibbed over 50% but not to the 62% fib which looks to be around 6.39. Not sure that is exact for I'm using a chart and a fib tool, but if not exact, it's close. It is currently 7.01. I don't follow this stock, but if it is something you really like and want in, you could buy a very small amount and then average in. Money flow and stoch along with other indicators have turned horizontal, so thinking it might base here or go down more. If there is news, that could change. Today it hit the 9ema and bounced off it, but candle looks like indecision. Hope that helped. Lexi