Spike's Scientific Stock Analysis

I like how RFMD is holding above its 200-week MA for three weeks (counting today).

[spikefader]

Spike, Please have a look at RFMD on a 2 or 3 year chart. Looks like a DOOZY of a rev H&S. Whaddya think, buddy?

Hey noshady

Yup, weekly inverted SHS, and the drop return to the neckline after it broke out matched the daily gap support recently. I'd be attaching bullish bias to it. Can't see a good r/r entry yet, and I'll be more bullish on it with a weekly close over $8.60, which that SHS target should deliver.....but it'll be one to watch on the bullish side for a good while I think.
Good spottin'

[noshadyldy]

Rfmd

Spike, Please have a look at RFMD on a 2 or 3 year chart. Looks like a DOOZY of a rev H&S. Whaddya think, buddy?

<< As they say ...windows need to be closed at some point. >>

Urban legend....<VBG>

[Websman]

GNBT looks like a winner to me...

[Lyehopper]

Huuuuge Post Spike!!!!

Peter, yet again, I thank ya fer yer excellent eye. Or your stock signal pro's eye hehe. It's the tool in a master's hand that can be used to create masterpieces. And that there tool of yours make qualifying a whole lot easier I reckon My comments on GNBT are these:

Resistance that breaks on high volume is what I see for that one.

And a layman might say, "What's so impressive about that? "

Well I'll let you hear it straight from the horse's mouth dudes:



And by the look of this monthly chart, GNBT has the potential to be a bull you don't want to argue with.



I'll do some channel work etc later on this one. And I'll be looking channel long or 'c' long for conservative bullish play....or even something more agressive like a daily channel turn up/buy the next intraday pivot.....or even a 20-day PSAR/money flow index system buy I've spoken about before. There's plenty of ways to play a stock like this one. And all those methods are things that I've discussed in this thread before, so it's nothin' new, and some people of probably sick of hearing about 'em, thinkin' it's a bunch of hogwash, and stops are for suckers and rubarb rubarb blah blah knickers knackers falafal and TA ignorant fools. I got one thing to say to people like that (with few exceptions) .......and it's "speak to the hand" dude.

It's no secret I recommend with every trade that great r/r ratios be used, along with a disciplined managed approach and sensible capital-protecting stops. And that's despite what others say about stops. Cuz 1 truth in trading is that ................ Stops save lives!

MOVI, is a classic example. ZICA is a classic example, DIET is a perfect example. There are plenty of examples. Those examples of sheer ugliness in the face of false 'hope-it-recovers' nonsense. All that hope is wasted energy, wasted time, wasted capital, and monumental red hope. Use of stops is a gem of a trading rule that only a few can afford to ignore. MM is one of them, obviously. And he don't like stops, and I agree they don't work for him. If you're like MM, then great, this doesn't apply to you. But don't trade a MM stock if you're not diversified, holding on hope that this is a sure bet and you're gonna get rich....cuz if you do, it's just a matter of time my friend. Trust me. Come back post-bubble experience and tell me I was right and you were an idiot.

It's either diversification or stops. No ifs, buts, or maybes. One of the two. Anything else is just naive ignorance hoping that bubble burst doesn't hit them. Ya see........hope is a luxury that some just can't afford; particularly anyone long and not hedged, long and not diversified, or long and not on some serious analgesics.

It's a simple concept really. And this picture tells the story. It's the winners you're supposed to let run if you wanna make money.....not losers.



Best to all! And great weekends.

All traders here should print this post.... frame it and hang it above their computer screen! You are HUGE!

[ninner]

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.

[spikefader]

Spike GNBT came up on my stock signal pro program as a buy at 2.20 . They closed at 2.18. The fundamentals are not great but the stock is just above the 20 Day EMA . What interests me is that this Bio Tech stock has a unique oral delivery system for oral delivery of drugs. Their first application is for an insulin formulation Generex Oral-lyn. It is commercially approved in Ecuador and is in late clinical stages around the world. What really could send this stock to the moon is its plan to start human studies on an experimental "BIRD FLU" vacine. The company also had a positive meeting with US regulators .
Needless to say a highly speculative stock and .....ahem..... definitely not one for "Pregnant Nuns Women and Children" but nevertheless.......verrrrrry interesting!

Peter, yet again, I thank ya fer yer excellent eye. Or your stock signal pro's eye hehe. It's the tool in a master's hand that can be used to create masterpieces. And that there tool of yours make qualifying a whole lot easier I reckon My comments on GNBT are these:

Resistance that breaks on high volume is what I see for that one.

And a layman might say, "What's so impressive about that? "

Well I'll let you hear it straight from the horse's mouth dudes:



And by the look of this monthly chart, GNBT has the potential to be a bull you don't want to argue with.



I'll do some channel work etc later on this one. And I'll be looking channel long or 'c' long for conservative bullish play....or even something more agressive like a daily channel turn up/buy the next intraday pivot.....or even a 20-day PSAR/money flow index system buy I've spoken about before. There's plenty of ways to play a stock like this one. And all those methods are things that I've discussed in this thread before, so it's nothin' new, and some people of probably sick of hearing about 'em, thinkin' it's a bunch of hogwash, and stops are for suckers and rubarb rubarb blah blah knickers knackers falafal and TA ignorant fools. I got one thing to say to people like that (with few exceptions) .......and it's "speak to the hand" dude.

It's no secret I recommend with every trade that great r/r ratios be used, along with a disciplined managed approach and sensible capital-protecting stops. And that's despite what others say about stops. Cuz 1 truth in trading is that ................ Stops save lives!

MOVI, is a classic example. ZICA is a classic example, DIET is a perfect example. There are plenty of examples. Those examples of sheer ugliness in the face of false 'hope-it-recovers' nonsense. All that hope is wasted energy, wasted time, wasted capital, and monumental red hope. Use of stops is a gem of a trading rule that only a few can afford to ignore. MM is one of them, obviously. And he don't like stops, and I agree they don't work for him. If you're like MM, then great, this doesn't apply to you. But don't trade a MM stock if you're not diversified, holding on hope that this is a sure bet and you're gonna get rich....cuz if you do, it's just a matter of time my friend. Trust me. Come back post-bubble experience and tell me I was right and you were an idiot.

It's either diversification or stops. No ifs, buts, or maybes. One of the two. Anything else is just naive ignorance hoping that bubble burst doesn't hit them. Ya see........hope is a luxury that some just can't afford; particularly anyone long and not hedged, long and not diversified, or long and not on some serious analgesics.

It's a simple concept really. And this picture tells the story. It's the winners you're supposed to let run if you wanna make money.....not losers.



Best to all! And great weekends.

[Websman]

Noshady, you should fly over and attend the Mr Market convention. It wouldn't be the same without you.

[spikefader]

noshadyldy.... I'd like to formally invite you to play the POTW next week....We need more women players over at the contest. It's a lot of fun.... Ain't that right "Spikey"....jejeje.

heh, yup! Hey noshady, I'd love to see ya over there posting some of your hot picks! More the merrier I think!

[Adam]

Good Stuff!

Spike, as always your help is appreciated. Great site. Everyone should visit it.

Obout those screwdrivers, I'll buy you all you want just to get you to the convention!!!

[spikefader]

Spike,
I saw your set up for GNW and made a decent entry with some call options. I forgot what you had for short term target. Currently trading at 30% profit. Have you had a change in view on this holding or changed the short term target?

Tanx in advance.

Adam

Just PMed ya dude. Sorry for the slow reply. Yep, GNW still bullish bias for me. Target 36.00. Stop on bias is under 31.72 (so good r/r entry required).

I note a dragon pattern on the daily for it too. See the head forming now, front legs, back legs, back, and tail?

Original charts http://spikefader.wordpress.com/2006...-channel-long/

Good luck.

[Peter Hansen]

Spike GNBT

Spike GNBT came up on my stock signal pro program as a buy at 2.20 . They closed at 2.18. The fundamentals are not great but the stock is just above the 20 Day EMA . What interests me is that this Bio Tech stock has a unique oral delivery system for oral delivery of drugs. Their first application is for an insulin formulation Generex Oral-lyn. It is commercially approved in Ecuador and is in late clinical stages around the world. What really could send this stock to the moon is its plan to start human studies on an experimental "BIRD FLU" vacine. The company also had a positive meeting with US regulators .
Needless to say a highly speculative stock and .....ahem..... definitely not one for "Pregnant Nuns Women and Children" but nevertheless.......verrrrrry interesting!

[noshadyldy]

I thought you probibly were attracted to reptiles. I always thought those were snakes coming out of your hair.lol

Hey noshadyldy.... I'd like to formally invite you to play the POTW next week (BillyJoe's POTW thread). We need more women players over at the contest. It's a lot of fun.... Ain't that right "Spikey"....jejeje

You can find a copy of the rules at the bottom of one of "Rob's" posts over there.

Lye, those WERE snakes coming out of my head. I was dressed as Medusa, remember? (well not REAL snakes, just nice shiney golden make believe ones.)

I'll have to look into that POTW. I really don't know anything about it. But hey, thanks for the invite!

[Lyehopper]

Afterall, who really cares what anyone looks like on this board. Take Spikey, for instance. Man, that guy could be 3' 4" n' green and scaly and I'd still love him! lol.

I thought you probibly were attracted to reptiles. I always thought those were snakes coming out of your hair.lol

Hey noshadyldy.... I'd like to formally invite you to play the POTW next week (BillyJoe's POTW thread). We need more women players over at the contest. It's a lot of fun.... Ain't that right "Spikey"....jejeje

You can find a copy of the rules at the bottom of one of "Rob's" posts over there.