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

To: majormember who wrote (7487)	3/6/1999 9:09:00 AM
From: TATRADER	Respond to of 59879

SNRS-- Support areas are 9.00, 7.62, and 6.50... ADX has been decreasing, now at 24... 50 day moving average sits at 8.83... 3 day volume=463,766 5 day volume=416,200 10day volume=342,350 Best TA indicator is CCI+100-100, still in sell mode... I am looking for SNRS to test the 9.00 support area early next week.. Now we need to watch how it attacks 9.00...Does it come down, hit the area and roar to the upside, or does it just kind of vegetate at that level, and then do a nosedive... Presently, I am looking for scenario 2...Volume has been accelerating to the downside..Helped I'm sure by Mr. Swiss and his negative article.. I will look to possibly rebuy SNRS in the 7.62-8.25 area...on a reversal..There will be a good run on this stock, regardless if they eventually make money or not..The FDA approval will be our next kicker, and I plan to be there for that party... Regards, Mark