Spike's Scientific Stock Analysis

[spikefader]

Also, can you tell me if you see any intraday pattern entry for BOOM that ocurred today? It went through about a 5pt swing, had a "hunch" to get in at 31 but no technical reasoning. Also, if you have time (if you don't its fine) can you take a look at PARL and CULS, and let me know if where an entry can (or was) be?

Thanks!

Boom intraday chart attached with 2 pattern based entries today.

[spikefader]

PARL: Potential weekly channel longs currently at 17.80ish and 16.15ish and rising. Wait for them.

CULS: Recent weekly channel turn up is bullish. And today, there was a brand-new channel turn up that I'd feel comfy chasing tomorrow morning; may I suggest the pivot at 10.90, S1 at 10.75 or S2 at 10.49. Two things to watch for: failure of the push up, and bearish double top, so protect with stop. Also, new highs have been sold with this stock in recent months. That may occur again.

[grebnet]

Rmi

Great call on PQUE 0n 3/28 . Unfortunately I was working and missed a drop to 5.92 today . It may touch again...

Thoughts on RMI ? I'm looking for a pullback $ 4.50 ??? possible
Thanks

[dmk112]

Thanks for all the charting help spike, I really appreciate it! I figured out how to get the charts, but I don't understand the indicators, I selected Pivot points but all that happens is I get the text on top of the chart, but no horizontal lines like you. What am I doing wrong?

Below is a chart of BOOM... Do you see two triangles? One one for a short and one for a long?

[IMG]

[spikefader]

Great call on PQUE 0n 3/28 . Unfortunately I was working and missed a drop to 5.92 today . It may touch again...

Thoughts on RMI ? I'm looking for a pullback $ 4.50 ??? possible
Thanks

Hey, thanks. That's a good intraday chart for learning about pattern entries too. Double bottom entry happened today along with a nice triangle break that led to a 5 wave move. Tomorrow the pivot is 6.29 and S1 is 6.08 that will be worth watching for entry, but the best entry was today

[spikefader]

Thoughts on RMI ? I'm looking for a pullback $ 4.50 ??? possible
Thanks

RMI, yes, weekly channels are whispering higher. Ascending triangle on the daily now. You may not get your 4.50 before it breaks up......and if it does come back to 4.50, then the ascending triangle is not valid. I'd buy 4.80 tomorrow anticipating the break, and stop below the ascending line.

[spikefader]

Thanks for all the charting help spike, I really appreciate it!
.....all that happens is I get the text on top of the chart, but no horizontal lines like you. What am I doing wrong?

No prob. Perhaps check your colors and make sure you've got the boxes checked when you 'edit' your pivot indicator box.

[dmk112]

RE CULS. How did you arrive at your pivot point? This is what quote tracker has:

[IMG]

[IIC]

[QUOTE=spikefader]Good call on bull IIC.

Vector looking to close bullish today. I will exit this Qs short tomorrow at support. [QUOTE]

Well...now I am more than perplexed...Went up but Naz vol. too weak...I'll quit calling the market while I'm ahead Keyword for now IMO: CAUTION

But I will continue trading Group Movement myself...actually doing fairly well this month.

[dmk112]

IIC, NYSE volume was higher than on the big drop yesterday though over 2B. Something to think about..

[IIC]

IIC, NYSE volume was higher than on the big drop yesterday though over 2B. Something to think about..

Hmmm...thanks for mentioning that...I report that info sometimes...but I really don't follow the NYSE that much...but food for thought...I am neutral on the overall market tonight.

[dmk112]

Bought ANTP today on triangle formation @ 27.25...Didn't think it would shoot that fast...sold 14 minutes later

[spikefader]

OK, covered QQQQ short at intraday pivot; 36.57 (36.67 +.10 and 36.05 -.52).

Now for a long

[spikefader]

EFA: Took long at/near pivot today, 158.90, based on bullish Vector. Chose it over Qs because it's been trending well, and moving well relative to Vector in past months. Let's see if this doesn't bounce for me.

[spikefader]

RE CULS. How did you arrive at your pivot point? This is what quote tracker has:

I used the online calculator here http://www.forextechniques.com/pivotcalc.html
I know it's forex, but it's the same math. Nailed the calculation looking at the intraday chart here. The pivots you're looking at were yesterday's.