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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 (561)5/25/1998 12:55:00 PM
From: shasta23  Respond to of 59879
 
Hi MARK!

ELGT will be an interesting learning experience since most of my (Beginners-) TA suggest more downside. Uptrend line broken, not confirmed D-/D+ crossover,MACD(13,34,89)still in clear downtrend, Ultimate oscillator with what seems to be a negative divergence, weekly money flow down etc. These negatives fight against the support at 2.70, the 50SMA, the bollbands at 2.65 as additional support.
Will be an interesting fight for me!

Stefan