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

To: freelyhovering who wrote (3303)	9/26/1998 10:51:00 AM
From: TATRADER	Respond to of 59879

ACLY--Small Head and Shoulder bottom with neckline at 6.00...Approximately 3 million shares of overhead in the 5.93-6.12 area..That is why the stock did not make it through the neckline while I was gone..Did not have enough firepower...Volume seems to be drying up as we form the right shoulder....Buying area long-term on this stock is the 3.87-4.25 area....Looks from the charts about 3 weeks before we make an attempt to hit the neckline again with the completion of the right shoulder....Regards, Mark