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


To: NW_Trader who wrote (4960)11/24/1998 10:38:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Patrick, I think BNYN will try and penetrate the resistance in the 10.25-10.75, churn, and be sold off...If I was carrying an open position, would watch that area, and probably would fade it...But if you can keep generating 4 million+ share days, my opinion would change about 10.75 being the top for this run...Regards, Mark

P.S. My MACD 3 day alert was triggered today on MICA..Three days over zero line..Further, I like how long the pattern was confined...Almost a year before a double expansion breakout in past week...Stock has held above the old resistance, now support..You have a year old rectangle pattern, and the last few months, a head and shoulder bottom...
I am getting the feeling that a rocket ride is possible..Hopefully up...