Spike's Scientific Stock Analysis

[noshadyldy]

to spike

Thnx for the headsup.
Green is where I would be prefer to be entering. Seems late in the game for me. But I'm a real picky knucklehead

ever come back to a screen a few hours later and say "what was I thinking?"
The train left that R H&S station days ago. Already had it's little run up PRE-earnings. (must've had head up my caboose.)

[kingofthehill]

spike ... what do you think ......ELN

[dmk112]

Spike, can I get your analysis on SIM and AAPLX?

[kingofthehill]

SPIKE >>>> can we get ELN to $11-12.00 ....??

what do you see

[stocks54]

Prft

Hello Spike,

When you some time can I request your take on PRFT chart?

Regards,
Stocks...

[spikefader]

Spike, I think it would be a good idea to gather suggestions for stocks in an uptrend. You agree? I have three pretty good ideas, that have been good to me of late:
CMN (looks like a sine wave now on a down leg)
FORD (cruising toward the mid to low 7's, probably bouncing from there)
MANC (only if there isn't a repeat of today's nasty sell off and it finds support in the high 9's)
This market's starting to get nasty. Should listen to you bears
I'm going to give this swing trading a go.

Ya, uptrending stock list would be good. Nice idea. What kind of parameters are you thinking? Weekly or daily chart? Time frame? Trend indicators? etc... When you're all set, maybe a dedicated thread and someone monitoring the list for channel hits and fib retracements? I'd be a reader!

[spikefader]

....... (must've had head up my caboose.)

LOL, I've been guilty of that one.

[spikefader]

spike ... what do you think ......ELN

I'm bearish on it. The channel from the bottom was steep and got broken on Thursday. I think 5.53 will be tested, and will fail. Then look for the potential for that downdraft to become an inverted head, then the formation of another shoulder or W bottom. It's going to get worse before it gets better is what I'm seeing. Anyone got an idea of where all the gaps are below current prices?

[spikefader]

Spike, can I get your analysis on SIM and AAPLX?

SIM, look for a weekly channel long around 4.65 currently. APLX nice weekly channel long last week. The 6.82 bounce near the gap could be a good one, although I would have MUCH prefered a closer test of the gap. Be careful with this one imho, and have tight stop on any entry you take. It might want a full gap fill before getting over 9.25. The volume suggests it's a runaway, but the market is weak right now and is vulnerable.

[spikefader]

Hello Spike,

When you some time can I request your take on PRFT chart?

Regards,
Stocks...

PRFT has double top in there now, with small channel break from the 7.00 low, and now a channel short from Thursday. Clear short bias now. Look at the 3.88 low, draw a channel and look for a channel long from there, currently at 6.00ish is how I'd play it.

[New-born baby]

PRFT has double top in there now, with small channel break from the 7.00 low, and now a channel short from Thursday. Clear short bias now. Look at the 3.88 low, draw a channel and look for a channel long from there, currently at 6.00ish is how I'd play it.

Spike,

What did I do wrong with this chart--if you are not too busy--that my take and yours are different? Thanks for the consideration. I am trying to learn the TA trade.

[spikefader]

Spike,

What did I do wrong with this chart--if you are not too busy--that my take and yours are different? Thanks for the consideration. I am trying to learn the TA trade.

Here ya go.

While the daily is currently bearish after the double top, and small channel failure I mentioned elsewhere the other day, it's approaching that pink channel long on my daily chart. Further, I would have drawn the weekly chart this way, rather than where you chose to put your channels. Take significant lows to start your upward channels, and significant highs to draw your falling channels. Look for turn ups and turn downs, and channel breaks from those points. Where your channels are, there's no real reason to put them there. A significant low or high on the other hand, is a good reason to put them there. Get it?

So for PRFT, the pink channel long may work. If it fails, then weekly gray channel is a good long entry.

[New-born baby]

Thank You Dr. Spike

DR. SPIKE,

Thank you for the TA lesson! I want to learn this art!

[RL]

Spike hope I,m not asking for to much from you.If I am please say so. I,m In both SGTL & TSRA looks like the teck sector Is week should I get out of these two.

[RL]

Spike just finished reading your post regarding your answer to Thomrich and It was great not only your Interpretation of one being In the stock market but your lesson on my golf game. I can not wait for our season to start If the snow ever melts. What you had to say sure fit Phil Mickelsons approach to the game. Three years ago he was playing with recklass abandonment and now he plays the game within himself and Is winning.