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

To: Scooter who wrote (3279)	9/23/1998 10:56:00 AM
From: Mike Sawyer	Respond to of 59879

May I ask where you came up with the next resistance on KESE being $2? I'm not arguing, I am just curious. When I looked at it just now I would think that the current resistance level would be between .90 cents and $1. And that would have to be broken on large volume to move it to the next level which I think would be around $1.50. Am I missing something? I'm still a little wet behind the ears on some of this. I also notice that the technical indicators are beginning to top out. This is not to say that they won't stay on the high side longer but I would not be a buyer of KESE at this time. I would think that it's about to go back and fill the gap from .60-.62.5 before it would have any more strength to come back and retest the $1 area. Any comments? Am I full of it? Cheers! Mike