Spike's Scientific Stock Analysis

[scifos]

Spike, MTH has shown up on several of my screens and scans. It has a small pullback recently. I was wondering what your take on it's chart was. Its practically a straight line.

[spikefader]

Spike, MTH has shown up on several of my screens and scans. It has a small pullback recently. I was wondering what your take on it's chart was. Its practically a straight line.

Look for 4 and 5 waves.
Another C entry to admire back there.


Side comment: Come on forum, let's spot them before they happen!

[spikefader]

re BPT initial charting. $59 was the target back then. Hit 60.10 yesterday. Upper weekly channel is 70.73. Upper daily channel a tad over 65.00.
Remember those ascending triangles are powerful!

Speaking of ascending triangles, check out APL. This thing is going up. This is a special and I highly recommend it. Weekly looks very bullish. Yes, it's near daily resistance today. Buy a pullback.

[df21084]

re BPT initial charting. $59 was the target back then. Hit 60.10 yesterday. Upper weekly channel is 70.73. Upper daily channel a tad over 65.00.
Remember those ascending triangles are powerful!

I'm an idiot for selling it. (9+% in two weeks isn't bad though.)

[New-born baby]

Don't worry--be happy.

I'm an idiot for selling it. (9+% in two weeks isn't bad though.)

9% in two weeks is great. Be happy it wasn't a 9% loss in two minutes!
Yesterday I let an $800 profit turn into a $24 loss on ALTI. I'll trade ya.

[df21084]

Yesterday I let an $800 profit turn into a $24 loss on ALTI. I'll trade ya.

Ouch! I'm sorry to hear that.

[scifos]

Side comment: Come on forum, let's spot them before they happen!

I'm not an expert chartist, but how does this look for spotting em?

The ADX and RSI are a little weak though, suggesting its in a trading pattern.

Spike, I've never tried to identify what a cup and handle looks like, but is this close, with the exception of point #5 it sorta looks like one.

[spikefader]

scifos, thanks for trying
See if you can get them closer to the pic here http://www.mrmarketishuge.com/forum/...postcount=2079

cup with handle, like to see more curve shape in the cup.

[B.J]

9% in two weeks is great. Be happy it wasn't a 9% loss in two minutes!
Yesterday I let an $800 profit turn into a $24 loss on ALTI. I'll trade ya.

I got one!

Bought FORD, average price 6.93 prior to 2/3.

Closed 2/3: 8.20 (18% up). Didn't sell it yet, today: 6.71 (3% down).

[scifos]

cup with handle, like to see more curve shape in the cup.

Okay, I didn't think that qualified as a c&h.

scifos, thanks for trying
See if you can get them closer to the pic here http://www.mrmarketishuge.com/forum/...postcount=2079

I think it is pretty close. I didn't actually draw in the lines, I just used the "zig-zag" feature. The site even says that the zig-zag feature is a solid way to see the waves. I suppose the 3 and 5 should be higher, with both above 1 (but the 1 seems like a big overreaction anyways), also B and C should both be a little lower, but I think I did find a stock at a C entry point.

[Websman]

Scifos, I like your new profile pic. Canadians are an odd bunch. They shy away from violence...except when you give them a pair of ice skates and a hockey stick. Then they beat the crap out of each other for the least little reason.
It also reminds me of a joke....

Question: Why doesn't Florida float off into the Gulf of Mexico?

Answer: Because Alabama and Georgia suck!

[spikefader]

Bullish on Qs and looking to flip long @ 37.50

[scifos]

Scifos, I like your new profile pic. Canadians are an odd bunch. They shy away from violence...except when you give them a pair of ice skates and a hockey stick. Then they beat the crap out of each other for the least little reason.
It also reminds me of a joke....

Question: Why doesn't Florida float off into the Gulf of Mexico?

Answer: Because Alabama and Georgia suck!

Thanks Webs. Thats a good joke, haven't heard it before. And you're right about canadians and hocky too.

[spikefader]

re BPT initial charting. $59 was the target back then. Hit 60.10 yesterday. Upper weekly channel is 70.73. Upper daily channel a tad over 65.00.
Remember those ascending triangles are powerful!

Speaking of ascending triangles, check out APL. This thing is going up. This is a special and I highly recommend it. Weekly looks very bullish. Yes, it's near daily resistance today. Buy a pullback.

BPT!!
Impressive push up to 69.50 as I type 16% in 2 days!
A good weekly upper channel now 72.50. Is today going to be a blowoff where we'll see profit taking soon? Let's wait and see the candle at eod.

[spikefader]

Bullish on Qs and looking to flip long @ 37.50

Vector will clearly close bearish today. Will hold my Qs short