Spike's Scientific Stock Analysis

[spikefader]

Sorry Thomrich, can't help you with that one.

[New-born baby]

Fyi

OFG: No, I took it off the radar. Ouch. Headed for 21.80 channel.
Yep, GM in trouble. Huge weekly rising significant channel bust. And a huge lower channel bearish bust from the 55.55 top. That is extra bad bearish.

Spike,

I don't mean to bore you, but thought you might like to know that OFG was down 9 of last 11 weeks. If you look at the weekly, you might get physically sick.

GM--may fall to $22 in next six weeks or so. Awful.

[Thomrich]

Greetings Spike,

The pattern on EENC over the last 3 weeks appears to be a wedge formation with the floor being 18 and the highs coming down.

Is the break from the downward plane a signal to buy?

I dont know why I keep watching this stock,other than the swings that a nimble trader could capitalize on,its very pricey among the canroys.

cordially Tom

[Thomrich]

Spike,

I don't mean to bore you, but thought you might like to know that OFG was down 9 of last 11 weeks. If you look at the weekly, you might get physically sick.

GM--may fall to $22 in next six weeks or so. Awful.

Greetings,

GM at 22 would put the yield near 10%,without resorting to FA,it would seem a nice floor.Its unbelievable how these companies have killed themselves.

Ive heard it suggested that GM and Ford should outsource all car building,and concentrate on financing alone,since that is the last profitable operation left.

cordially Tom

[spikefader]

Greetings Spike,

The pattern on EENC over the last 3 weeks appears to be a wedge formation with the floor being 18 and the highs coming down.

Is the break from the downward plane a signal to buy?

I dont know why I keep watching this stock,other than the swings that a nimble trader could capitalize on,its very pricey among the canroys.

cordially Tom

I'm not really liking EENC today. The high of 21.60 last month was a bullish expansion, but the reaction to it was very bearish, but then it signaled a channel long. But it hasn't delivered and the channel from that low point has been turned down now for several days, so caution longs is what I'm seeing. It's also looking descending trianglish now, and I would strongly recommend you steer clear of it.

[spikefader]

Spike,

I don't mean to bore you, but thought you might like to know that OFG was down 9 of last 11 weeks. If you look at the weekly, you might get physically sick.

GM--may fall to $22 in next six weeks or so. Awful.

Hey, yes, it's ugly alright. This kind of action reminds me of when Webs was in it. He's probably blocked that out of his conscious memory though and will likely remind us all how much he hates that stock OFG revenge was the channel short back there Webs!

[spikefader]

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

DHB look for lower prices in perhaps one more wave down. Then maybe the channel long day for a long.

Yes, EWA channel long would be good. EWZ looks good too - had a small expanding channel long today, but looks like some waves up left in it.

Good luck on hitting your goal. I'm certain if you remain focused and disciplined, not worry about $, and smile at your losers you will be successful.

[spikefader]

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.

MEA, I can't see the C. But I see a wedge/triangle that should give a whisper on direction when it breaks.

[spikefader]

Greetings,
Sorry to flood the post lately,but ZICA is heading for the $4.00 range,from my novice chart skills it looks tempting there.When I get my chart posting abilities going Ill show my reasons for a buy there.

cordially Tom

Yes, maybe. If it's a truncated 5th, maybe a C entry off of it near the channel and fib 62.8. The double top is a concern though.

[spikefader]

Hi Spike, I'm trying out a new system for picking stocks using ADX and parabolic SAR. Wanted to get your opinion on CLHB. Had a big up day today on a good earnings report. That caused the Channel turn up, ADX crossover, and parabolic SAR buy signal.

PSAR is a cool trend indicator and I like it.
With CLHB, the weekly channel turn up from the Feb high is bullish. Plenty of room between here and upper weekly channel to target. And nice volume coming in now it has cleared the price resistance from late '03. I'd look for a channel long off the 16.92 low. Be patient with it. A good entry will present itself as the dust settles from yesterday's explosion.
With your chart, do you mean a channel turn up from the 18.92 high? Hope so, cuz that's the correct point to take it from.

[spikefader]

Spike,

I've been reading for two months about how the QQQQ is headed down. Now the time has come . . . .

This chart suggesting to me that selling will coincide with increases in volatility. Perhaps a bit of panic??

[spikefader]

I'm sick of this market...been red everyday for last 5 days!!

Do I detect some emotion there? Seriously, it could get a lot more concerning in the months ahead. The potential for a big down is very high right now imho.

Reminders for everyone now that I think of it.
Charts don't lie; but people do.
Charts whisper, speak, and scream. (Right now, they are screaming short)
Trade what you see, not what you feel,
If you're a perma-bull, know when to hedge to protect. And if you don't know; then learn

[spikefader]

Some review:

AMTD: A great example to learn from.

Here was my last post on AMTD http://www.mrmarketishuge.com/forum/...postcount=2172
Be sure to check out the 2 charts in that post.

Check out the chart now. First the daily showing the C entry. Uncanny ain't they!

[spikefader]

AMTD: and now the weekly.
Is it about to kiss bye bye to the volume by price support and head to 7.50ish? I think the odds are in favor of that.

[skiracer]

Well it certainly has lost any steam to the upside. That would be a 3 point drop and a beautiful play if it goes that way which I agree from the chart looks to be the direction it is heading. Good time for the short play with the markets in the funk they are in.