Spike's Scientific Stock Analysis

[spikefader]

Qqqq

As mentioned yesterday, Vector closed bullish, so moved my short's stop to even and just got stopped out this a.m for a push. I am looking to go long today.

[Thomrich]

Greetings Spike,
How do you feel about SWIR?
Looks to have fallen back to support,ready to jump to 24?

Im still learning,but could this be trend reversal coming out of an inverted SHS?

Thanks in advance,
Tom

[spikefader]

Further to

http://www.mrmarketishuge.com/forum/showpost.php?p=10007&postcount=1636

Long QQQ today at support.

[spikefader]

Greetings Spike,
How do you feel about SWIR?
Looks to have fallen back to support,ready to jump to 24?

Im still learning,but could this be trend reversal coming out of an inverted SHS?

Thanks in advance,
Tom

Spot on!!!!!!!!!!!!!!!
The trick is the entry now. Will it look for the lower channel or not.....
There is a slight channel turn up from the recent high, so it might be worth a chase from current levels. Stop is tricky...under the shoulder probably what I'd go with.

[Runner]

Spikefader, I’m looking at WEBX and I’m trying to determine which wave it’s in. Off the bottom @ 20.44 I see lower channel around 22.34. I really don’t see a good entry yet. Looking at the weekly chart 16.51 may have been a good entry point; also off the weekly I see a nice channel turn up off 27.00 with target of about 30.00. What is your take on WEBX?

edit: I'm thinking it may be completing the 4 wave

thaX

[scifos]

The turtle courses are free. They are not the last word in investing, but they are a nice read. It won't help you much for stocks, I think: they were commodity traders.

Regards,

Karel

Yes, they traded commodities, currencies, and futures.

[IIC]

Spike...I have been around a looooong time and I know that breaks are part of the game....I really like your thread here...I don't read it everyday and I don't always agree with you...But I do read all the posts on this thread every day or two and I do respect your take...I have learned more than a few things from you...so, let us know when you take a break...we all need them sometimes...Best, IIC

[spikefader]

Spikefader, I’m looking at WEBX and I’m trying to determine which wave it’s in. Off the bottom @ 20.44 I see lower channel around 22.34. I really don’t see a good entry yet. Looking at the weekly chart 16.51 may have been a good entry point; also off the weekly I see a nice channel turn up off 27.00 with target of about 30.00. What is your take on WEBX?

edit: I'm thinking it may be completing the 4 wave

thaX

It looks to be in corrective wave mode after that impulsive 5 wave move from Aug thru Oct, and now maybe abc correction?? I dunno. It's an ugly chart at first glance though, doesn't inspire me today for some reason.

[spikefader]

Spike...I have been around a looooong time and I know that breaks are part of the game....I really like your thread here...I don't read it everyday and I don't always agree with you...But I do read all the posts on this thread every day or two and I do respect your take...I have learned more than a few things from you...so, let us know when you take a break...we all need them sometimes...Best, IIC

Yes, will do my friend!

[Websman]

I recommend SIRI at 7.07, which is today's pivot! Below is the daily showing nice waves, and projecting the 5th.

On a weekly (not attached) it's going to make a huge cup and handle on the weekly. Take profit at the cup resistence of 13.00 and buy the weekly handle in about March or April next yesar for a huge long-term bull run to the 30's.

LOL Well you started the madness, don't end yet!

Thanks Spike! I was wondering if I should get back and you have settled it. I'm piling my huge profits back in SIRI.

[Thomrich]

Spot on!!!!!!!!!!!!!!!
The trick is the entry now. Will it look for the lower channel or not.....
There is a slight channel turn up from the recent high, so it might be worth a chase from current levels. Stop is tricky...under the shoulder probably what I'd go with.

I like an entry near 20,which its real close to.Ill watch the action monday and look for an entry.This is a buy what you know stocks for me.I got a swir wireless card for my notebook,and I love it.blazing speed,and no dial up service,trade while Im driving in my car.79.00 a month for unlimited acsess in the US.I feel its a winner.

BTW Spike,you never mentioned ZICA?do you have an opinion,as I cant make any sense of price actionMid 2s all the way up to high 4s within a week.

cordially Tom

[thebign1]

Intel

Hi Spike, Can you take a look at the Intel chart so I can figure out a good entry? Thanks...thebign1

[spikefader]

I like an entry near 20,which its real close to.Ill watch the action monday and look for an entry.This is a buy what you know stocks for me.I got a swir wireless card for my notebook,and I love it.blazing speed,and no dial up service,trade while Im driving in my car.79.00 a month for unlimited acsess in the US.I feel its a winner.

BTW Spike,you never mentioned ZICA?do you have an opinion,as I cant make any sense of price actionMid 2s all the way up to high 4s within a week.

cordially Tom

SWIR: OK, good tradin' with it. Patiently sit at intraday S1 or S2 for a fill

ZICA: Perhaps the start of something big? Anyway, right now I'd be profit taking. Perhaps wait to enter at end of wave 4 and look for the 5th wave impulse up??

[spikefader]

Hi Spike, Can you take a look at the Intel chart so I can figure out a good entry? Thanks...thebign1

Hi. Sure. Here ya go. Looking like a good entry a little lower...it's perhaps completing a corrective C, and about to push up again and through gap resistance. I think it's a great long position to open around here, as long as 22.35 holds (on a closing basis perhaps....since 'they' might headfake the cautious longs by dipping under 22.35 but closing above it by close).
EDIT: also perhaps building the R shoulder of a large inverted SHS from July. That would target 32ish??

[dmk112]

Spike,

Good to see you back again! What's your take on BXG and MFLX?

thanks!