Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scott A. Trapp who wrote (626)	5/28/1998 5:35:00 AM
From: TATRADER	Read Replies (2) \| Respond to of 59879

Scott, usually don't respond to stocks over 12.00 here, but you got me in a weak moment...AHP is a trading range stock for now...Reason, ADX is below 25 displaying not a strong trending stock(it was at 20 down from 21)..The pattern is a rectangle..From 50.63-44.50....However, the stock touched the 21 day and 50 day moving average area and was repelled upward...Both of those averages are in the 47.00 area...So instead of leaning to the Envelope channel trading range of 49.38-44.68, I go with the Bollinger Band range of 50.63-46.93....At present I don't see much of a play in this one, other than playing the Bollinger band trading range...Regards, Mark P.S. As you can see that is about a 4 point play...