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


To: majormember who wrote (689)6/1/1998 1:34:00 PM
From: TATRADER  Respond to of 59879
 
Historic volatility 6 and 10 day reading was forecasting a pop....ISDN...I peg 2.1 million shares of overhead in 1.87-2.12 area..
You have a neckline at 2.12 in a double bottom pattern...Once you clear that overhead it will be a fast run to target of 4.00....However, I will not buy this stock right now...It has to prove to me that the volume levels of today can be sustained...I would much rather buy it on a bid of 2.12, ready for takeoff, than to take a chance on a stall here...Presently the run is geared toward the 1.87 level...But I will not chance it....Could be just a one or two day pop and not the beginning of a trend...Good luck....Mark