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Hi b_c, welcome to the site and thread.
I'm still bearish for the moment - if you look closely, that Avatar is actually a pic of a bear picking up an unsuspecting bull, about to throw it to the ground.
PFSW, some thoughts:
Spike,
Nice call on the Market!! Looks more like the Bear put a "double-underhook piledriver"- (Triple H's Pedigree Closing Move) on the Bull.
ZHNE: Having said that, there was a bullish upper channel break on the daily, and a channel long the last 2 days, and what looks like a bull flag forming, and yes, I can now see the potential inverted SHS on the daily, over 3 months. That might give it the force it needs to break the weekly channel. Maybe a long based on the channel longs with a tight stop at 2.50 could do the trick.
..BTW Im looking for a nice monthly dip around the 24th on EENC,does that seem plausable with its recent action?
Maybe a dip for you. But I actually expect the week to finish strong, with a really nice continuation candle on the weekly. That wedge break up should prelude a nice run up. The dip might be late this month
hey spike sorry to bother you, can you give me a read on Alti
thx
tjk
Bull flag break out, and now looking for some waves up. Green light to chase here with a stop at 3.99, but that's 17% risk, which is way to rich for my blood. I'd wait, but I still think it's going up.
Bull flag break out, and now looking for some waves up. Green light to chase here with a stop at 3.99, but that's 17% risk, which is way to rich for my blood. I'd wait, but I still think it's going up.
Spike,
Perhaps the story on ALTI might interest you; but then again, if I rightly recall your investment strategy, maybe not. The story is ALTI has developed a new technology that will make batteries last 3x longer, charge 2x faster, and cost no more than conventional batteries today. I am speaking about power screwdriver batteries; golf cart; hybrid car batteries. This is the tech that is going to make hybrid cars viable. And the electric car. One more thing, ALTI is a drug company. I think (re: worthless opinion) it is a ten bagger in five years.
Now back to technical analysis . . . .
Hey, best to you, Spike! If I had your skills, I'd be a rich man.
Perhaps the story on ALTI might interest you; but then again, if I rightly recall your investment strategy, maybe not. The story is ALTI has developed a new technology that will make batteries last 3x longer, charge 2x faster, and cost no more than conventional batteries today. I am speaking about power screwdriver batteries; golf cart; hybrid car batteries. This is the tech that is going to make hybrid cars viable. And the electric car. One more thing, ALTI is a drug company. I think (re: worthless opinion) it is a ten bagger in five years.
Now back to technical analysis . . . .
Hey, best to you, Spike! If I had your skills, I'd be a rich man.
Greetings,
Hey brother,you hit the nail on the head on all points.When Spike starts an investment service,Ill be there with my wallet open.
Hey Spike,
Just wanted to get your feed back on my employer's stock (LOW).
It has been trying to break past 61 since late 2003.
This may be the time, even though our forcast was lower than the street, we are however up. Some ANALysts upgrades dont hurt also. Looks like some investors are jumping from the big orange people to us.
I was thinking of shifting some funds into it, I was wondering what you think of the charts. I appreciate all that you do here on the board.
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