Spike's Scientific Stock Analysis

[Thomrich]

Greetings my good friend Spike,
Could you please educate me on ZICA,on a 3month daily chart,I see a somewhat strange looking wedge,or a rounding bottom.

Would you comment on how you would interpret this pattern?'

The wedge has spikes piercing upwards toward 8,does that invalidate a wedge?

Also,could you point me in a direction to being able to post annotated charts from stochcharts?Not clear how to get them saved and then posted here.

cordially,your friend Tom

[spikefader]

Greetings my good friend Spike,
Could you please educate me on ZICA,on a 3month daily chart,I see a somewhat strange looking wedge,or a rounding bottom.

Would you comment on how you would interpret this pattern?'

The wedge has spikes piercing upwards toward 8,does that invalidate a wedge?

Also,could you point me in a direction to being able to post annotated charts from stochcharts?Not clear how to get them saved and then posted here.

cordially,your friend Tom

Hey Thomrich
I'll do a ZICA chart right now.

For posting those charts here's what I do.
1. PrtScr button on keyboard to take a screenshot (or a dedicated program like snagit to do it).
2. Crop the screenshot (or with snagit you don't have to)
3. Save the file to your PC somewhere (I save in .jpeg format).
4. Use an image filter/compressor program like Advanced JPEG compressor to get that file to 97.7KB (the forum limit for each jpeg)
5. Start your Mr.Market post. Write your message then click 'manage attachments' and a box will open, where you browse for your pic you want to post. Once you find it, choose 'upload' and when it tells you it's done you then press 'submit reply' in your post, and bingo, the chart goes into your message.

Once you've memorized to procedure it only takes about a minute from start to finish (taking the screenshot to posting it).

If you don't use a filter/compressor to cut down the size of the pic, then the only other option is to resize the pic, which will lower the quality of it. Try and see what you can do without the compressor software, but I find it's worth using.

Also, I recommend irfanview, a free image viewing and handling program.

[spikefader]

ZICA:
This one has been interesting to follow, and has some good lessons in it.
Right now, it's clearly bullish. I'm going to take it long today at S1 of 6.95 if it comes back for me. The daily says it all, and the weekly is showing it is potentially in a 5th up. Now, I know it's at resistance near a potential double top on the weekly, BUT the daily is showing me enough reason to buy it with a stop under that ascending triangle line. Should be good for at least 28% if it works, and if it gets over 9.00ish resistance on the push up, the potential is for a very nice move to 12.00, which would be 71% profit

[New-born baby]

SIRI short

Spike,

SIRI just hit 5.38, my target, and looking weak enough to fall down to minus $3. Staggering like a drunk.

Keep up the good work.

[Thomrich]

ZICA:
This one has been interesting to follow, and has some good lessons in it.
Right now, it's clearly bullish. I'm going to take it long today at S1 of 6.95 if it comes back for me. The daily says it all, and the weekly is showing it is potentially in a 5th up. Now, I know it's at resistance near a potential double top on the weekly, BUT the daily is showing me enough reason to buy it with a stop under that ascending triangle line. Should be good for at least 28% if it works, and if it gets over 9.00ish resistance on the push up, the potential is for a very nice move to 12.00, which would be 71% profit

Greetings,and thanks Spike,
Could you clarify the stop?If it breaks to 6.95,where on the green uptrend line do you place the stop?

Also FRO has moved to 55 this AM,would a move past 58 signal a channel turnup?

And your call on EENC was awesome,hit 21.50+ this AM,do you see it returning,as its tapered back to 21.

cordially with much respect,Tom

[New-born baby]

Fro

Tom,

FRO's ex-date is 3/3, so be aware that she'll fall that day by $5 at least.

Spike called that channel long day back at $44. Nice profit, huh?

If I were you, I'd play FRO this way: buy 1000 now, sell Monday afternoon.

Rebuy FRO at Spike's call after the ex-date, because in June she is giving away the last 15% of SFL. Sweet! And another divy of perhaps $3.50.

[Thomrich]

Tom,

FRO's ex-date is 3/3, so be aware that she'll fall that day by $5 at least.

Spike called that channel long day back at $44. Nice profit, huh?

If I were you, I'd play FRO this way: buy 1000 now, sell Monday afternoon.

Rebuy FRO at Spike's call after the ex-date, because in June she is giving away the last 15% of SFL. Sweet! And another divy of perhaps $3.50.

Greetings NBB,
I already got in yesterday at 52.90,and would llike to see it clear 58 before div. as I think it that would indicate new highs coming,but Ill defer to Spike.
I think you called this a week or so ago.Nice call.

How about EENC?Man did that take off.Im hoping for a post dist. drop to get some more.


cordially Tom

[spikefader]

Re ZICA http://www.mrmarketishuge.com/forum/...postcount=2178
S1 6.95 was filled and I'm moving stop to 6.84 (under lod) right now. That dip today actually broke the ascending line, but could be just forming another angle of that line, and it is arguably still valid, although I would have liked to have seen it hold. But I'll give it a chance because I like the r/r ratio.

Anyone still looking for entry, 6.95 if it comes back to it today, and stop at 6.84. That's only 1.58% risk for potentially 71% profit. That's a very nice ratio

[New-born baby]

Eenc

Greetings NBB,
I already got in yesterday at 52.90,and would llike to see it clear 58 before div. as I think it that would indicate new highs coming,but Ill defer to Spike.
I think you called this a week or so ago.Nice call.

How about EENC?Man did that take off.Im hoping for a post dist. drop to get some more.


cordially Tom

Tom,
I'm a dummy for selling EENC, FDG, and XOM. I had XOM for $41, and let her go. Take a look now! FDG popped up $3+ today, and is still a good buy. But I'm buying a house now, and I had to pull a good chunk of change out of the market this week, so EENC & FDG had to go. FDG may hit $120, $150. They are coming out with a big divy increase here in a few days. If you have change, hop on board this train.

[spikefader]

Spike,
SIRI just hit 5.38, my target, and looking weak enough to fall down to minus $3. Staggering like a drunk.
Keep up the good work.

Ya, it's looking like toast right now. It's at intraday S2 5.13, so it may get a bit of support. Won't be from me though I'll wait for a gap support play down at 3.89 or 2.78.

[spikefader]

Greetings,and thanks Spike,
Could you clarify the stop?If it breaks to 6.95,where on the green uptrend line do you place the stop?
cordially with much respect,Tom

OK, as per last post on ZICA, stop under low of day. I'll draw the green trendline under today's lod. So if you're looking for a stop relative to the green line, make sure it's somewhere tight under the green line. See, if price breaks it then that's where you want to exit. You can always reenter based on the same ascending triangle. It's just got to display the right characteristics for your entry. Me, I drew a line in the sand at S1 and will redraw the green ascending line once. If it breaks again, I'll be out and look for another entry. Why? Because the break of the ascending line is the reason to get out. Why not just stay in and see what happens with the ascending line? Well, who's to say price doesn't drop like a knife because of the failure of the line? See, I'm a cautious bull up here at that weekly price resistance. If I get hurt it is only gonna be a scratch instead of a deeper fleshwound or potential mortal wound. And if I get stopped out, and it restabilizes and remains an ascending triangle, I will hop on board again at another smart time. Ya gotta pick your moments at being smart and your moments at being cautious. I like to be smartly cautious

[spikefader]

Greetings,and thanks Spike,
Also FRO has moved to 55 this AM,would a move past 58 signal a channel turnup?

And your call on EENC was awesome,hit 21.50+ this AM,do you see it returning,as its tapered back to 21.

cordially with much respect,Tom

Thnx on EENC. Yes, I see it continuing up. Little 5-day bullflag breakout is good. Any dip today should get bought.

FRO, I'd be taking profit right here at 55.50 with a view to reenter if it does the right things. The chart says it all.

[spikefader]

ZICA:

Anyone still looking for entry, 6.95 if it comes back to it today, and stop at 6.84. That's only 1.58% risk for potentially 71% profit. That's a very nice ratio

There it is, came back for 6.95 for a second bite. Don't miss your chance at a great r/r!

[spikefader]

Tom,
...EENC, FDG, and XOM. I had XOM for $41, and let her go. Take a look now! FDG popped up $3+ today, and is still a good buy. But I'm buying a house now, and I had to pull a good chunk of change out of the market this week, so EENC & FDG had to go. FDG may hit $120, $150. They are coming out with a big divy increase here in a few days. If you have change, hop on board this train.

Great call on FDG!! Great from the get go - the best calls on earth You can see the ascending triangle recently. They're everywhere at the moment. A great pattern. I wouldn't be chasing it now, I like those ambush entries and am happy to watch now. BUT - there was a channel turn up at close yesterday, and it's been bought today. Long from 87.38 (yesterday's close) remains valid if it comes back to it, but I'd be surprised if it does.

[grebnet]

Zica

Spike I've been following your ZICA discussion... Curious Did you get stopped out already as it went to 6.77 after your 1st post.