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


To: shasta23 who wrote (701)6/2/1998 8:41:00 AM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Another item to consider was how a stock like IFCI hits the neckline...If it hits on low volume and is repelled on strong volume, you have a good support area...But if it kind of snuggles the neckline and just hangs there, it is saying, "This neckline needs a new collar!" or support point, so the traders take it down....Regards, Mark