Spike's Scientific Stock Analysis

[dmk112]

Spike, What do you think of ACO & SFCC?

[spikefader]

Spike, What do you think of ACO & SFCC?

Bullish on ACO. Chasing it tomorrow could pay (see channel turnup).

[spikefader]

SFCC looks very bullish too. Volume high on the gap ups.....are they runaways. The weekly channel has plenty of room to target...... At these levels, I'd wait for a little channel turnup and hop on board.... stop is tricky of course.

[dmk112]

Thanks Spike.

[yaoyao]

CDE keeps going down. Is it going to break its up trend?

[spikefader]

CDE keeps going down. Is it going to break its up trend?

The passage of time will tell. Might be looking to fill that gap......
I have been waiting for S2 entry and today it is 4.48. I'm not sure whether I'll take it......

[spikefader]

Regarding this new Mr.Market swing trade system, for the sake of simplicity and clarity I've started a new thread for it here http://www.mrmarketishuge.com/forum/...read.php?t=569

That way, it'll not get muddled up with the other fun stuff that goes on in this thread, and make it easier to follow and keep accountable.

The system is busy today, with 3 new open positions: CBK, GGI and OFG, all hitting S2 support. Let's see if Mr.Markets picks can bounce from their S2s and give us some R2 profit over the next few days.

The fist system long that the system generated in SSNC stopped out for a 1.5% loss.

[billyjoe]

Spike,
Isn't LRW a nice looking chart? Found it through IIC's First Call list.
Thanks for your comments.
billyjoe

[spikefader]

Spike,
Isn't LRW a nice looking chart? Found it through IIC's First Call list.
Thanks for your comments.
billyjoe

Yes, it's a beauty!
This is the weekly chart and you can see the channel touches that reacted well. Now the green channel turnup is whispering that long is right!

[Thomrich]

Greetings Spike,
It looks like MCRI might be approaching a channel long?Your analogy with a "string" was great.

It appears the profiteers are working today with it.When possible would you look and see if it might be touching?

cordially Tom

[spikefader]

Greetings Spike,
It looks like MCRI might be approaching a channel long?Your analogy with a "string" was great.

It appears the profiteers are working today with it.When possible would you look and see if it might be touching?

cordially Tom

Minor channel long there, yes. And an inverted SHS on the intraday chart would have you long from 32.70 if you took the neckline break.

[spikefader]

MCRI intraday chart

[grebnet]

Mind

I played MIND for a nice little profit and it has come back nicely. It looks to me like it is approaching support. I plan to try to ride this one again. Thoughts. ??

[yaoyao]

Spike, CDE dropped below 50MA this morning. I had to sell half of my position at 4.40 (looks like a panic selling), at least I protect some of my profit. Selling part is so hard. I had a sell limit a week back at 5.26 for CDE, but missed by 5 cents. I lost 20% of my profit since then.

[spikefader]

Spike, CDE dropped below 50MA this morning. I had to sell half of my position at 4.40 (looks like a panic selling), at least I protect some of my profit. Selling part is so hard. I had a sell limit a week back at 5.26 for CDE, but missed by 5 cents. I lost 20% of my profit since then.

Ya, sorry to see that. Just didn't work out for you - the market can sure frustrate, as I've demonstrated with my recent Q trades. Hang in there

In hindsight, the red channel failure was the whisper to get out.