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: Dale Baker who wrote (671)	5/30/1998 1:11:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

Dale, if you draw a slanted trend line on the tops of the formations, you get a resistance area at 2.13...I peg about 300,000 shares of overhead at the 2.00 level...So the possibility is there of a move at 2.00 soon, with intraday touch of 2.13 before pullback...That is how I see it with present volume levels....10 day=20,750, 5 day=25,980, and 3 day at 35,666..... If you look at the last flag pole formation, the stock moved from 1 to 2.00 a share, before consolidation at the 1.50 level....If you add 1.00 now to the consolidation area, you get my 3 month target of 2.50 or higher on this stock...I had a position in this stock, but unfortunately sold it a while back...The trendline remains up with ADX moving up to 36 on Friday...RS is still not overheated, so we look decent for a spike....Strong support remains at 1.37...