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

To: bazan who wrote (188)	5/8/1998 10:07:00 AM
From: TATRADER	Read Replies (2) \| Respond to of 59879

bazan, I would stay away from TSNL, not enough volume to fill a fruit juice glass....You have a rectangle pattern of 15 by 5....Usually you should buy near the bottom of a rectangle or on breakout from top of pattern....Since the ADX is weak at 11 displaying a very weak stock, you could combine the Bollinger Band and Envelope channel to get a trading range, and play the ends of the range.....That means buying around 8.43 and selling around 11.00, end of Bollinger is at 11.97.... But you might wait quite a while before this child moves to each end of pattern....Regards, Mark P.S. Much safer to buy SKANE's SNRS....That one will help you see the farsighted salesman for what he is really worth... P.S.S. Looks like I nailed my NTRX entry today...May have to wait a week on ATMS, but that one is going to move, mark my words...