Spike's Scientific Stock Analysis
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Originally posted by grebnetHey Spike ..
I bought some more AOB today at $6.00 thinking that it may be ready to turn back up . Any thoughts..... I can take it if you thinks me a fool.
For my take,
It appears to have bounced off of support pretty hard around 5.50,and is looking to break above 6 which looks like resistance.I like the look of the chart,and would not be suprised to see a dip to 50dma before a blast off.
Its on my screen as a buyer,Id love to hear Spike's view to see if Im seeing things that aren't there.
cordially Tom
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Originally posted by WebsmanI placing my bets on AOB in the morning. I posted on it in Billyjoes thread.
http://www.mrmarketishuge.com/showpo...7&postcount=48
I don't see anything bullish in this stock at this point, that is a bear flag you're looking at... Just a thought
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Originally posted by grebnetHey Spike ..
I bought some more AOB today at $6.00 thinking that it may be ready to turn back up . Any thoughts..... I can take it if you thinks me a fool.If you recall my last post for AOB the other day - the day of the plunge - here you'll note the time. That post coincided with THE low, to the minute. I even bid just off the low for a while and it didn't fill me. Oh so close! And then I quit looking at it cuz I didn't like the pattern. I'm picky; needs to be just right. 6.00 ain't the best entry and I'd not take it, but while the pink daily channel holds, I'm a bull. Had the pattern on Mon been a double bottom or inverted SHS I'd be a whole lot more confident for you, but it didn't come. Which makes me very cautious, and the whole reason I'm not tempted to jump in. The charts say higher to me though. On the weekly, you've got that gorgeous cupnhandle, with a return to it (albeit is hasn't tested it) and channel wise pink long is in play.
dmk correctly spots the bear flag, and that's without question what it is. It's just a matter of whether it fails or not. But I think in this case the bias from the chart favors that it WILL fail and you'll be OK. I mean look at all the great things about the daily and weekly; money flow, booming through channels, channel long, wave completion on the drop, the 5.89 'c' failure on monday that was tested later in the day and after a little failure support held. The only thing I don't like is the way price has been slippery and uninspiring since. So all I can say is the bias is bullish while that pink long holds. Good luck!
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Originally posted by ThomrichGreetings,
I see rising triangle which would target 16,a 4 bagger for you my friend,in less than a week,hope you went all in.
cordially Tom. Can it get to 16.00 tomorrow? Probably! hehe
But I'm gonna be selling them into strength early in the morning so I might be a little short of 16.00. Smilin' anyway
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Slime of the Swamp:
Massive cuts since last post, with 2 picks remaining: CE and SCG.
OSIP eliminated (3 positions) at -0.41, -1.08% and -1.2%
WLDAE eliminated +2.03%
MATK out +0.2%
MCIP out even
PRGO out -0.5%
ALSK out -1.5%
ARM out -2.5%
PHTN out -0.6%
CRXL out -1.2%
LEA out -0.3
DDS out -1.4%
All eliminated stock positions transfered to CE and SCG, now have 7 positions each.
Is either of them Slime? We'll soon see!
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SCOTC; no further eliminations to report.
The port is in the green on average now including losses (+0.25%) starting to leverage those strong stocks now. AET and MCO lead the way, with single position GOL running up to 3rd. Ha! Gonna have to leverage that little budding star!
PSYS is close to stopping out and I can't wait till it does. That's been dead wood from the get go. SYNC is 2nd last at -2%, and I don't even was talk about that one!
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