Spike's Scientific Stock Analysis

[spikefader]

RSAS weakness showing

[spikefader]

I will take no more than a 5% loss. If it goes that far, there's no need in holding. After that it'll go down like a French Wh...uh...I mean a sinking ship.

Sorry to hear you had such a wide stop. Hope you don't compromise it further and get bruised pal.... DHB joins OFG hate list?

[spikefader]

Yea spike, that's what I meant

When buying at pivot, S2 is a good stop?

Well, I wouldn't recommend a mandatory stop like that. You want a stop that is both logical as far as support, and within your % risk exposure. If it's got a huge % down to S2, then you don't want it. Any stop over 4% is unwise in my opinion. I love sub-1% stops, since it really makes a difference. Sure, it's a lot of work and patience and frustration at times, but it makes financial sense. If you're looking to develop stop technique, then throw some charts up and I'll comment on where I'd put them.

[spikefader]

I must have bought your shares cause after I bought I saw your post..LOL...and I'm pissed Scottrade didn't put my stop limit order through at 8.50. Not sure what's up with that. I'm trying to get out now on a bounce hopefully...looks like it was a bad buy

bummer. If it was a limit stop order (a stop but with a minimum limit set by you) then it may have dropped below your limit price, which means it won't execute unless a buyer pays your ask. If other people push the ask lower than yours, you stay where you are until price comes up again. This is the risk of limit stops. A market stop order (they take whatever is bid at the time) would have you out for sure....and at the risk of slippage. You must have had a limit stop order in.

[spikefader]

SIM today bouncing, but on low volume, what do you think spike, is it a dump?

there was a minor weekly channel long last week, but I like others.

[spikefader]

RE EZPW: Entry trigger?

The C failure and the weekly channel short was the setup. The trigger (since I missed the best entry at the 5th completion, I was waiting for strength to short into. It came in the form of a little 1 minute gap fill with immediate weakness and indecision. Looks like I got a good entry there

[dmk112]

The C failure and the weekly channel short was the setup. The trigger (since I missed the best entry at the 5th completion, I was waiting for strength to short into. It came in the form of a little 1 minute gap fill with immediate weakness and indecision. Looks like I got a good entry there

Spike, I mean on the intra day, do you look to short at R1, etc?

[noshadyldy]

ezpw

Thanks so much, Spike. I bailed on your command. (smile)

no problemo on not being at my beck and call. It would be nice having you at the other end of my string and tin can, but that would be selfish of me.

As for this stock, it looks to be setting up for a hanged man today.
As for the weekly channel long, i'm a little confused. When I did the 6 mo, daily on stock charts , yesterdays action expanded the descending line. ??
m

[noshadyldy]

ezpw

no matter, hanged man, doji, or evening star.... ain't none of it good. (and 5th day up)

I'm right beside you in the short section, Spike!

[dmk112]

Spike,

Is this a valid triangle break for a short?

[dmk112]

Spike,

can you comment on CULS...Remember a few days ago it hit that pivot nicely @ 10.80 or so, but has been falling since. What do you think here as a pull back buy?

[spikefader]

RSAS trade of the day

[jiesen]

RSAS trade of the day

Awesome!!! My jaw is on the floor.

Your kung fu is very strong, Spike.

[dmk112]

Spike, Take a look at VEXP...nutttss!

[noshadyldy]

ezpw candlesticks

Well i'll be dipped! I checked the candlesticks on Stockcharts and they are the exact opposite. A hanged man presented as a shooting star. I've checked and rechecked and it's not my eyes. Anybody else who has Scottrade notice the difference??