Spike's Scientific Stock Analysis

[spikefader]

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

Nice job. You sold at resistance I gather. It really took off didn't it. Triangles can lead to good moves!

[dmk112]

You sure did nail it!

[dmk112]

Nice job. You sold at resistance I gather. It really took off didn't it. Triangles can lead to good moves!

Spike, is that your favorite formation?

[dmk112]

Yea sold some at R1 AND the rest at R2....What if it passes R2, is there an R3?

[spikefader]

Yea sold some at R1 AND the rest at R2....What if it passes R2, is there an R3?

Nice exiting!
Here is R3 calculator http://www.forextechniques.com/pivotcalc.html

[spikefader]

PGI that IIC had on one of those lists. This one whispers up.

[dmk112]

Spike, RE PGI: Wouldn't you buy at the pivot and stet a stop loss at S1? But then it would have been taken out, no?

[B.J]

How's PRVD looking to you folks?

http://stockcharts.com/def/servlet/SC.web?c=prvd,uu[w,a]daclyyay[pb50!h.02,.20][vc60][iUl14!La10,20,1]&pref=G

Too late for BTHS?

http://stockcharts.com/def/servlet/SC.web?c=BTHS,uu[w,a]daclyyay[pb50!h.02,.20][vc60][iUl14!La10,20,1]&pref=G

[dmk112]

Spike,

What do you think about the oils? Looks like they may have bottomed... I have my eye on CHK. Thoughts?

[dmk112]

dmk112,
Re WLK chart, nice work.

Yes, potential good entry at 30.50ish. I just used an online pivot calculator to determine that intraday S1 for WLK tomorrow is 30.70; S2 is 29.95. Take your pick.

Remember, it is really an edge to wait for a pattern, but pivots are good tools. The problem of using a pivot entry is where do you put your stop? With a pattern, I can find a logical stop price. With pivots, I can't. You'll just have to make it a % stop that is within your limits.

Looks like WLK took off before I can snag it

[IIC]

How's PRVD looking to you folks?

http://stockcharts.com/def/servlet/SC.web?c=prvd,uu[w,a]daclyyay[pb50!h.02,.20][vc60][iUl14!La10,20,1]&pref=G

Too late for BTHS?

http://stockcharts.com/def/servlet/SC.web?c=BTHS,uu[w,a]daclyyay[pb50!h.02,.20][vc60][iUl14!La10,20,1]&pref=G

Hey BJ...notice how your whole addy is not hyperlinked??? Feel FREE to use one of my FREE sites to shorten it and make it clickable...Some forums do not recognize the [ ] as a hyperlink...I solved the problem.

http://TrimURL.com will allow you to do so...Hate to advertise...but it's FREE...IIC

[dmk112]

Spike,

What do you think about this one?

[IMG]

[dmk112]

Well looks like I missed the oils already (atleast the XLE), Let see how far they run now...

[IMG]

And what about WLK, I pointed out yesterday, If i take the channel from a shorter time frame looks like I missed it, is that right Spike??

Thanks

[IMG]

[IIC]

I would suggest EXTREME caution on the Oils short term

[B.J]

Thanks Doug. I remember you posting this before. I have to save that one in my presets.

BTW, turns out I'm pretty busy lately, as well. We'll meet up sooner or later.