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


To: Steve1 who wrote (3409)9/30/1998 7:55:00 PM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
There was heavy accumulation on ZD in the 5.93-6.12 area about 5 days ago..That is what got me interested..Large volume with little price movement after a long downtrend is a sign of accumulation...But I follow a rule to try and limit all losses to 3 to 5% so I exited at 6.25...In this case, my discipline, cost me...I have a target of 10.00 on ZD....Once this market meltdown finishes, ZD should have no problem moving back to 10.00.....MACD Histogram continues to show a new uptrend...RS and stochastic have both moved above the 20 and 30 line, and still are not overheated...Regards, Mark