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


To: bazan who wrote (3931)10/15/1998 12:51:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
UIS, the downward trendline sits at 24.00...I would be tempted to short it at these levels...The pattern is a Head and Shoulder top....However the RS has moved above 50, and you have a directional indicator crossover today....Simple stochastic is still not overheated too... According to TA, the stock should not move above 25.00.....Put me in for a short at 24 1/2....Let me know after earnings if I lost money shorting this one at this level or made money....mark