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: GTC Trader who wrote (2016)	7/30/1998 4:37:00 PM
From: TATRADER	Read Replies (2) \| Respond to of 59879

Stock of the week for study....HEB... Today I took a small loss in HEB, but am not convinced I will not re-enter again tomorrow to do battle with this stock...Why? REVERSAL NEW HIGHS Method(rare trading pattern) 1.Stock trades under yesterday's low..It did, yesterday 8.50, today 7 7/8... 2.Stock must trade above yesterday's high,9 7/16 vs. 9 1/16... it did...We call this an outside day... 3. Today's range needs to be the highest in the past 5 days... 4. Stock needs to make a 60 day high.... Also I am still waiting to see a Slingshot in a recent stock we follow on this thread, and who knows HEB may be the candidate.... Again HEB has the criteria... 60 day high.. Expansion breakout.. On day 2, stock takes out day one low...It did... If HEB takes out today's high in the next 2 days, I will be jumping on board again, because the move could be explosive...We already witnessed a flag pole with flag..The pole was 3.50 in height...Consolidation has occured, and the next move should be comparable to the first...That means we are going to take out 10.00 soon...We shall see.. Regards, Mark