Spike's Scientific Stock Analysis

[New-born baby]

Mea's Chart

Look at this Mea:

[spikefader]

CWEI === As I look at a 3 month chart on this one I may have found the bottom of a c leg. There has been lots of activity here in the last couple of days, in both vol. & $.
I just plug the old zigzag basic in, so if you don't mind, take a look at this one and let me know what you think. I've been holding this one in my Green Acres Acc. for awhile, sure would like to see it move a little more so I can trade it in on a different stock. Thanks in advance ===> M.E.A.

I'd call it a bull flag after an inverted SHS rather than a c entry. For the 12345abc setup I need to see more structure to the 5 waves. But even if you want to call it a 12345abc pattern, your b is above 5, which actually perhaps makes your 'b' truly a '5' and we're currently in an 'a'.
In any case, the chart is bullish. But I think I'd look for a channel entry on a decent retrace just for safety, since the candle on the 5 is so bearish.

[spikefader]

Look at this Mea:

Yep, gap there, but could be a runaway gap based on the volume. But it's always sumfin to keep in the back of your mind. The other thing I just noticed was the last candle on the weekly. It's got reversal written all over it.

[Runner]

I think CWEI’s last weekly candle almost looks like a gravestone. If this is the case cloudy weather may be in store!

Gravestone Doji's are the opposite of the Dragonfly Doji and are top reversal indicators when confirmed with bearish engulfings. As the name implies, gravestone doji's look like a gravestone, and could signal impending doom for a stock.

[New-born baby]

Fdg

Spike,

Here's a 3 mo. chart of FDG. Would you be so kind as to give me your call for an entry price before March 28?

[New-born baby]

FDG take two

Here's some more info:

Thanks for anything you can suggest!

[spikefader]

Spike,

Here's a 3 mo. chart of FDG. Would you be so kind as to give me your call for an entry price before March 28?

Profit taking time. Pink arrow area is where to start looking for a channel long.

[New-born baby]

Thank you

Thank You Spike!

[New-born baby]

Cme

Spike,

I have a friend in CME, and he's worried. Would you look at this chart and give me your opinion? I am thinking it looks bearish for now. More than that, I read that the shorters have moved into the stock. Is this thing looking for $180? Thanks for your help.

[spikefader]

Here ya go! Yes, bearish bias - both weekly and daily charts. Caution longs.

This has the potential to see 100 within 6 months I think. Not saying it will - there's speculation in the weekly regarding the SHS, but the bigger gray channel is the significant one. And a FIB retrace of the big move to the 61.8% is 113.

I'd be hard stopping 183.00.

[Runner]

Spike, I’d be interested in what your charts say about HAWK? I’m thinking bullish short term..

[New-born baby]

Thank you

Here ya go! Yes, bearish bias - both weekly and daily charts. Caution longs.

This has the potential to see 100 within 6 months I think. Not saying it will - there's speculation in the weekly regarding the SHS, but the bigger gray channel is the significant one. And a FIB retrace of the big move to the 61.8% is 113.

I'd be hard stopping 183.00.

Spike,

My friend and I thank you so much. I'm not in CME--too rich for a poor boy.
Sorry to see those charts speak so bearishly. I just noticed that the weekly volume has shown 6 of the last 9 weeks down volume, on greater than normal volume.

Thank you so much!

[B.J]

Spike,

Triangle for SIM?

http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=sim&time=&freq=

[spikefader]

Spike,

Triangle for SIM?

http://bigcharts.marketwatch.com/int...im&time=&freq=

Yep! This one like 'em.

[spikefader]

re QQQQ short here, I'm performing the spikefader namesake move today. Adding to short at 38.07. Average 37.88.