Spike's Scientific Stock Analysis

[IIC]

Spike, found this new site called www.marketscreen.com. It's a paid site but you can get FREE screens from a couple of days ago. They have one in particular called "chart patters"... I checked out the double tops, but most of them don't resemble the patterns at all, what do you think?

Dmk...I mentioned that one way back...also CupWatch and Stockfetcher...none of them seem to have the chart patterns down. Another one is GreatStockPicks...I think they need a refresher on what a flat base is...IIC

[dmk112]

Dmk...I mentioned that one way back...also CupWatch and Stockfetcher...none of them seem to have the chart patterns down. Another one is GreatStockPicks...I think they need a refresher on what a flat base is...IIC

Yea, you really need to stretch your imagination on some of these! whew!

Thanks IIC

-D

[spikefader]

RE UCL. What do you think, Spike?

Not a very pure flag pattern. Here is what I see:

[spikefader]

When do I trade this? break of the neckline?

Neckline is only for head and shoulder formations.
The weekly is showing weakness below resistance volume. If the green channel long fails, the bias is bearish. Right now I'm neutral on it. There are better longs out there.
And on the daily, there was a channel short TODAY, from the 22.30 high.

[spikefader]

Was over at IIC's thread and saw MSO on the analyst worst-rated stocks list back there!

It never recovered from the short setup I spotted here http://www.mrmarketishuge.com/forum/...&postcount=195

And now it's got a new channel short day and bearish channel turn down. Bias is definately still short.

[spikefader]

MSO channel short on weekly chart last week.
Green light for a short tomorrow to chase the blue daily channel turn down, but no shares available to short it.
Put options a good play. Sept 15.00 strike puts (+MSOUC) were 1.40x1.50 at the close. Or June 15.00 strike are 0.55x0.65, but that's not enough time I don't think.

[spikefader]

Where do you see the SHS? Looks like 4 humps...

The first 3 humps you see are the SHS.

[spikefader]

Another stock worth shorting.....ALO

[spikefader]

Vector closed nicely bullish today. Holding EFA long from 158.90 http://www.mrmarketishuge.com/forum/...postcount=2609

[dmk112]

Spike, what do you think about BEBE, its up in premarket looks like it will gap.

[dmk112]

The first 3 humps you see are the SHS.

hehe ok that make sense...thats a big head!

[noshadyldy]

Hawk

HI Spike,
have you seen HAWK. If my chart drawing is accurate, it just bounced off it's lower channel in ascending trend. Although MACD rots.
What do you think?
thanks
margie

[spikefader]

Spike, what do you think about BEBE, its up in premarket looks like it will gap.

Gap and crap that one. Why did it sell the gap? Upper green channel tag - profit taking. It's right at resistance intraday now. Not a bad shorting opp actually.
How far will the daily sell? Who knows. I'd be a buyer of BEBE at a lower channel on the daily though.

[spikefader]

GM: well well well. GM is into the gap! Let's see how long it takes to fill.......

[grebnet]

Scur

Good Morning Spike

Could give your charting thoughts on SCUR
Thanks