Spike's Scientific Stock Analysis

Spike, I was looking at the same thing as far as getting above the 3.25 area. Little bugger has been bullish as of late. If I see a possible entry I’ll try to post it.

Thanks for your input!!

[spikefader]

Spike, I'd be interested in your take on NENG?

ThanX

Hey Runner. Couple good 'c' longs there at 2/2/06 and 3/1/06. That second one was after a truncated 5th so it's not easy to spot. And off that count, it looks like it's in a 3 up (with subwaves to the 4 now). It's actin' bullish, no question. I'm seeing resistance at 3.30 but a weekly close over that area would be real good for it. Hopefully any correctives will be in a wedge shape so it makes the handle on that 2-year cup there. Real nice target gap fills up there too at 9.81 and 24.37.

Channel-wise it's actin' like strong. Minor daily boom early this year, then a profit-taking tag that saw some discounting but not much before it resumed its travels up. Money flow is great, daily and weekly, and it's at the daily zero line now for money flow, so I'd expect it to reject if it is truly bullish.

But having thought about it all, I'd probably hold off getting too excited about this one until it can close weekly over 3.30. If it does that, then I'd be looking for a real smart discount entry.

Thanks for the heads up dude. Post an entry if you see one! I'll see if I can keep it on the stalk sheet for a while.

Spike, I'd be interested in your take on NENG?

ThanX

[spikefader]

Greetings Spike,

One that always flashes across the Bloomberg screen in the red is SYMC,I'd post a chart,but ''stockcharts'' wont load,it looks like its at last gasp support on a 2 year chart.

cordially Tom

Yup, it looks like it wants 12.00. What it does there will be crucial for me. A weekly close below and that spells trouble I think. Weekly channel from the top shows 7.50 where patient bears would be looking to target. The rising channel from '02 is at 11.10. I would expect solid support at 10.00. Would likely be worth chasing the next channel turn down.....maybe short the next intraday pivot with a 4% stop to target that rising weekly channel area. r/r of about 7. Or wait for a nice 2% risk entry to double that would be what I'd go for.

Thanks for another good one to ponder

[spikefader]

Hey Spike! How are things?

How you like today's follow through? Volume seems to me a little weak...

Fully fledged bull at this stage B.J.

Greetings Spike,

One that always flashes across the Bloomberg screen in the red is SYMC,I'd post a chart,but ''stockcharts'' wont load,it looks like its at last gasp support on a 2 year chart.

cordially Tom

[spikefader]

Very interesting stuff Runner. I like it.

Yup, when you figure it out post some setups!

[spikefader]

hey spikey...i will give u another stock with some upside potential....RIGL..look at the big gap between 9 and 22...quite abit of upside. As they say ...windows need to be closed at some point.

Hey ninner. Dude, how did I miss this post? I'm goin' nuts. But thanks dude.

Unfortunately, at first glance I put immediate bearish bias on RIGL. There is a gap theory I really like. It's where one targets the distance of the gap projected down from the high of the gap down day. It may take many months to meet it, with the very rare exceptions where it simply doesn't work. But on the high majority of gaps, the projection target fills, so I take it into consideration (works on longs too).

And in cases like RIGL, where the gap is so large like that one, where the gap is larger than the value of the issue after the gap down, I will look for 50% of the value of the stock on the gap down day. So in this case, I'm looking for 4.15 for it before it'll be ready for considering long.

That target sits well with bands too. But hey, I can't rule out that the gap closes first. It wouldn't be the first time it happened. I just don't like long bias yet.

Thanks again dude, and good luck with it if you decide to go with it.

Hey Spike! How are things?

How you like today's follow through? Volume seems to me a little weak...

[noshadyldy]

Thanks Spike! You're still the one!

[New-born baby]

Mikey likes it.

Here is a crazy chart on RFMD using Elder Ray. Check out Bull power above zero line.

http://www.investopedia.com/articles/trading/03/022603.asp

I just wrote the code and not even sure if it's right, nor have I even used it.

http://img114.imageshack.us/my.php?image=rfmd2ro.png

Very interesting stuff Runner. I like it.

[spikefader]

Yep, I agree with LEA if it busts the last chance 14.97 support. Under that and it's in some sticky stuff.

Thanks for the link question, no the site's up. I was messing with my sig and got distracted, so there it is again.

Glad the rants are helpin' ya Tom Thanks for the positive feedback

Check out XIDE shortside too dude. Look for strength to trigger a conservative entry, I think may present a nice ratio.

It was just a matter of time. Pity it tagged ya dude.

Greetings,

Yeah I seem to have set my stop at the best place to short.With this one Im sure there will be more entries.

What happened to the link to your blog Spike,is your site down?Thanks for all your advice,the write-up on hoping losers will turn green was a gem,made me rethink why I kept looking at ZICA.I suppose there's a good reason a stock is hitting 52 week lows,why fight it?

cordially Tom

[spikefader]

....Back on my pounce list LEA,watchout.
cordially Tom

It was just a matter of time. Pity it tagged ya dude.

Here is a crazy chart on RFMD using Elder Ray. Check out Bull power above zero line.

http://www.investopedia.com/articles/trading/03/022603.asp

I just wrote the code and not even sure if it's right, nor have I even used it.

http://img114.imageshack.us/my.php?image=rfmd2ro.png