Spike's Scientific Stock Analysis

[spikefader]

SNCI, Short entry???

I must be way off on my analysis.

Oh well, time will tell...


Thanks again, Spike!

It's good to know that someone out there has time and actually builds there own PC. For me, I'll stick with my cheap Dell. lol

Post a chart with what you see for the bullish picture. Or is it fundamentals? Remember, price often enough moves against any interpretation, which is why I use tight stops. If I'm wrong, it's no big deal and I'm in and out. SNCI could go up - I just wouldn't buy it right now, and I have a bearish bias if anything. That'll change with the next bullish channel movement.

[spikefader]

Re: WITS/NT

Took 50% loss....Regards,

Ouch. Hope it was a small position only.

[spikefader]

Re: WITS/NT

Any comments on WITS/NT.

WITS, I'd close any long position today or at next upper channel, based on channel turn down.
NT looks weak, but has recent channel turn up and is looking for a long at the next lower channel from the low of 3.01.

[spikefader]

Re: Charts

Spike,

Thanks for the LSCP insights. I made just about 3 points so far and I will look to sell tomorrow. I prefer your original chart. They seem to be a little easier to read.

Took a short position in SAFM today also. Hopefully I can get a few points out of that as well.

Thanks again,
Orion

I'd hold on to it. That channel turned up today. If it stays up, you should hold it. Nice 3 points. Hope you can keep 'em! and some. Yeah, I agree re the charts.
SAFM? Looks strong that one. What made you short it? I just looked at my previous chart indicating good place to take profits, with pigs looking for the upper black channel. Shorting is dangerous now - just had a channel turn up.

[spikefader]

Re: hey spike (AACE)

http://finance.yahoo.com/q/bc?s=AACE&t=5d

what does this chart say is in AACE's near future? are we in for a major run now or what?

TIA

well, right now, it looks like it might test 28.00 upper channel so shorters will consider there. You've had a savage neckline break from SHS, so I'd be cautious on the long side.

[jiesen]

AACE

ok, thanks for the input!

[Websman]

Remember, price often enough moves against any interpretation, which is why I use tight stops. If I'm wrong, it's no big deal and I'm in and out. SNCI could go up - I just wouldn't buy it right now, and I have a bearish bias if anything. That'll change with the next bullish channel movement.

I'll set my stop tight.

I was going by Canslim criteria....or so I thought. I guess I need to keep working on my charting skills.

Oh well, time to hit the books again.

[grebnet]

Any thoughts on TOMO ?????????????? Thanks

[IamOrion]

I'd hold on to it. That channel turned up today. If it stays up, you should hold it. Nice 3 points. Hope you can keep 'em! and some. Yeah, I agree re the charts.
SAFM? Looks strong that one. What made you short it? I just looked at my previous chart indicating good place to take profits, with pigs looking for the upper black channel. Shorting is dangerous now - just had a channel turn up.



I doubled down at 32.00 today and I sold it all at 33.89. Wow, what a day. I shorted SAFM because it looks to be getting over extended. I shorted near 48.00, actually 47.90ish. Well see how it works out. I took a very small position, less than 500 shares. I also bought some AMED two days ago for 26.05. Man, things have just been really clicking lately. What are your thoughts on the NAZ turning over here soon. Looks like it is getting overbought for the short term.

I have to you give alot of credit spike, just looking at your charts and then applying to some of my stuff has really given me a different take on how I analyize a stock. I cannot thank you enough

Orion

[IamOrion]

lscp

Just bought some more after selling it all got back in at 32.25. I took a small position this time. Might give a little more back before it continues higher. If we go lower I pick up some more.

[stocks54]

Re: WITS/NT

Took 50% loss....Regards,

Ouch. Hope it was a small position only.

It wasn't that big...

Thanks for your input on WITS/NT. Got some NT....

Regards,

[spikefader]

Any thoughts on TOMO ?????????????? Thanks

[spikefader]

I doubled down at 32.00 today and I sold it all at 33.89. Wow, what a day.

Nice intraday exit there The way the daily candle looks, I'd be glad I'm out

I shorted SAFM because it looks to be getting over extended. I shorted near 48.00, actually 47.90ish. Well see how it works out. I took a very small position, less than 500 shares.

Cool. Just be disciplined and don't let it get away from you.

bought some AMED two days ago for 26.05. Man, things have just been really clicking lately. What are your thoughts on the NAZ turning over here soon. Looks like it is getting overbought for the short term.

Very nice on AMED!
NAZ, just had a channel turn up today (channel from 1499.4). Should test 1500. Reaction there will be interesting.

I have to you give alot of credit spike, just looking at your charts and then applying to some of my stuff has really given me a different take on how I analyize a stock. I cannot thank you enough
Orion

That's great to hear. Thanks for the feedback. Hope your streak continues Are you now using channels, or just patterns? Daily/intraday? Support/resistence?

[spikefader]

Re: lscp

Just bought some more after selling it all got back in at 32.25. I took a small position this time. Might give a little more back before it continues higher. If we go lower I pick up some more.

Today's action on LSCP was a bullish channel break up. If I were going to add lower, I'd wait until a lower channel touch.

[IamOrion]

Spike,

I have started using channels, and looking for key support and resistance levels. I use three indicators and look for certain formations and candlstick patterns. I have Identified a certain set-up that has yet to fail me. Not saying that it will work every time, but it has treated me well both long and short. My first big wins with it were a reveral long on OSTK and my ESMC Short.

Thanks again. I have a ton of server space and message board set-up if you would like to start posting more charts that are larger. Just and idea, I might launch it myself soon with some of my ideas. It will be open to everyone and free.

Thanks again
Orion