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


To: blind-geezer who wrote (59316)8/2/2008 8:51:29 PM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
To the moon, Alice!!! LOL Most of mine at present I'm thinking about holding LT. There's just so much good potential there. If you are looking for ST, I've posted what Stock Consultant has to say.. I've been working with pivot points and did daily, weekly, and monthly, and it appeared that the 5.95 area might offer some R if someone wanted a shorter term trade rather than waiting for it to go to the almost $9 high it hit at one time.

TARGET 1 Price: 5.34 Profit: 16.8% , for a typical rally.
Stop Limit/Trailing Stop Limit: 4.4 Loss: 3.7%
Profit/Loss Ratio: 4.5 : 1 - Excellent

TARGET 1 POTENTIAL Good, there are 1 resistance areas on the way to Target 1.
Stocks may quickly rise to Targets when there are not many resistance areas blocking the way.

TARGET 1 RESISTANCE +4.8% at 4.79 ± 0.13, type triple, strength 10
+16.8% at 5.34 is Target 1

TARGET 2 Price: 5.6 Profit: 22.5% , Profit/Loss Ratio: 6.1 : 1 - Excellent for an extreme rally.

BREAKOUT None.
RESISTANCE ABOVE +4.8% at 4.79 ± 0.13, type triple, strength 10
+16.8% at 5.34 ± 0.14, type single, strength 1
+28% at 5.85 ± 0.16, type single, strength 5
+33.5% at 6.1 ± 0.16, type single, strength 8
+41.4% at 6.46 ± 0.17, type single, strength 8

stockconsultant.com