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

To: dealmakr who wrote (2066)	8/3/1998 6:55:00 AM
From: TATRADER	Respond to of 59879

DANKY...Simple stochastic moved from 9 to 18...Ultimate oscillator, quite reliable indicator, after a long downturn, is giving a bullish divergence...Price down, but Oscillator up...Looks to me like we had the reversal on Friday at 7.25....My downside target on DANKY was 6.25...A head and Shoulder bottom, with multiple shoulders..Pattern was 23.75 by 15.00..Difference of 8.75..Subtract from neckline at 15.00 and you get my potential downside target of 6.25....If indeed we get continued upside momentum my next target would be the 9.56-9.62 area...Regards, Mark