Spike's Scientific Stock Analysis

[spikefader]

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.

Hey RL. While I don't think exits should be based on that single reason - i.e tech sector is weak looking, I can't help but want to advise to stand aside and wait, thus protecting profits while there is an air of bearishness.

Longer term, TSRA looks especially bullish right now so if I had a good entry below 32.75ish, I'd be tempted to hold it, despite my bearish market view and only get concerned if a significant channel break occurs. SGTL had a channel short on Friday, but that in itself isn't a reason to think the overall bullish trend is over. Both weekly charts are very impressive. The trend is your friend, and their trends have been pretty much unaffected by general market movement. If you do hold them you have to be prepared to lose the value between prices now and the channel breaks, so if this doesn't suit you, then yes, take profits and try for lower entries.

[RL]

Thanks much Spike really appreciate your answer.Have a good week

[kingofthehill]

Thanks Spike i have puts in place real cheap insurance for below $5.00

[stocks54]

Prft

Spike,

Thanks for your input.

Regards,
Stocks

[spikefader]

@RL: Thanks, you too!
@King: Wise man.
@stocks: Welcome! That channel short working pretty savagely now. Maybe the weekly channel is the one to go for, currently 5.40ish. Volume by price support is down there, which adds confidence to that level.

[spikefader]

Vector closed bullish today. Combine that with the inside day on the QQQQ and tomorrow looks set for at least the potential for some market strengthening. I'm going to close my Qs short at first support in the morning.

[spikefader]

More upside likely with this one.

[B.J]

Hi, Spike, hope you had a good weekend.

Connecting the last three highs on BBSI, beginning with 16.85 on 1/21, and drawing a parallel line at the lows, I see that it is right now at the low side of that trend, suggesting a decent entry. Just making sure you see the same thing.

[canaveraldan]

Hi Spike,
I'm looking a commonty companys tied to the growth of China and India. BHP is one such company. It is trading just under $30. Do you have any input on an entry point.
Thanks

[spikefader]

Hi, Spike, hope you had a good weekend.

Connecting the last three highs on BBSI, beginning with 16.85 on 1/21, and drawing a parallel line at the lows, I see that it is right now at the low side of that trend, suggesting a decent entry. Just making sure you see the same thing.

Thanks, had a great weekend thanks.

Here's what I see in BBSI. Channel long days worked great for it on the way up. See the 12345, and now the 'a'correction down. Look for 'b' up and 'c' down. The end of 'c' is where I recommend entering.

[spikefader]

Hi Spike,
I'm looking a commonty companys tied to the growth of China and India. BHP is one such company. It is trading just under $30. Do you have any input on an entry point.
Thanks

Careful with this one. Impressive green channel break, but the weekly upper channel takes precedence imho. Look for profit taking for a while. Look for a 4 wave to correct to maybe 24.00ish??, with a chance for a big 5th up to 50.00ish?
Good luck.

[spikefader]

The daily to paint the full picture. Is this bullish setup enough to break the weekly chart suggestions?
EDIT: Note the channel from the top hasn't turned up yet. But the low from May 2 has turned down, so perhaps that is the whisper of failure.

[Thomrich]

Greetinigs Spike,
Sorry to bring up an old beaten mule,but on a 1 year daily chart DHB a ppears to be attempting a lift off off a lower channel.

i See a somewhat mangled price gap betwwen 9 - 10,

ID rather not bring up fundamental topics hear,but I should warn that DHB has a history of getting beaten up on earnings releases,and then usually rockets,.'

could be a perfect storm brewing here,earnings released wednesday after the close.

Any thoughts on what a chart is saying?

I feel a buy in the 10s would be a good risk reward scenario.

cordially Tom

BTW Im really looking into putting some cash into ETFs ,thanks for EFA,I also like EWA,possible entry in mid 17s on a channel touch ,with support not far behind?
Am I on the right track?

My trading impulses are growing after a nice layoff.25% a year is my goal.Thats only 2% a month,sounds easy.ha

[MEA_1956]

Abc

I'm Still Holding DHOM on my swing trade IDEA. In such I came across OHB an played with its chart and may have found the lost city of CCCCCCCCCCC. If wouldn,t mind take a look @ it and post your pot of GOLD. I'm was looking @ it with zig zag basic on a six month chart. ===> M.E.A.

[spikefader]

Vector closed bullish today. Combine that with the inside day on the QQQQ and tomorrow looks set for at least the potential for some market strengthening. I'm going to close my Qs short at first support in the morning.

OK, re this short, closing right here. First position for +.62 and second position +$1.02.

Taking fresh long from 37.05.