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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 (2362)8/16/1998 8:45:00 PM
From: TATRADER  Respond to of 59879
 
TAVA is searching for a bottom..ADX has stalled at 36 for two days in a row, signaling that the negative trend may be halting...RS is at 26 and Stochastic at 9.54 signaling very oversold security...Yes, you are bottoming, but how long do you sit here before the move....Could take a chance and enter at 5.12 area, setting stop at 4.67...Stock did pop Friday, but was sold off in 5.62 area...As for me, I stand aside....
Isn't this a Mex stock? Mark



To: majormember who wrote (2362)8/16/1998 8:58:00 PM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
AMN, will pass on short, since I have the potential downside to the 37.00-40.00 area...Too risky for me to short...RS not as strong downturn with price...and Stochastic extremely oversold...Pring KST is losing momentum to downside...Good luck, but I will look for easier ones to short...Mark