Spike's Scientific Stock Analysis

[Thomrich]

Greetings,

Zica finished respectable so far,2.95.

btw PTF channel long today,looking to re-enter tomorrow at 16.10,along with BPT below 72 if i can get it.

cordially Tom

[spikefader]

Greetings,
Zica finished respectable so far,2.95.
btw PTF channel long today,looking to re-enter tomorrow at 16.10,along with BPT below 72 if i can get it.
cordially Tom

Greetings! ZICA has a chance for a strong afternoon run now. It was dogging it the last 2 days, but nice intraday double bottom, and an impulse up now. Hopefully it is the first wave of one of the longer timeframe intraday trends At resistance now at 2.75, so a push needed now.
Good luck with PTF and BPT!

[spikefader]

Just dropped in to give a market bias update. I'm very bullish at the moment and have been since this post on 2nd July. Vector solidly bullish today and I'm anticipating a continuation of the trend. MSFT earnings naturally is key tomorrow. After hours action is going to be interesting....

Remember, after hours earnings action opens the door to volatile and surprising antics (as INTC, YHOO, GOOG and EBAY have shown us this week)

[spikefader]

VPHM thoughts.....

[spikefader]

Big news when I woke up today! Huge fundamental change in currency markets as China announced a reevaluation of the yuan. USD sold hard and fast and the Yen rallied nicely overnight. U.S futures reaction was initially positive and prices spiked, and over the last few hours there has been profit-taking, and a search for good technical support. I think this news will provide the fuel for some nice volatility to the upside today in the U.S market, and I'm safe being an intraday bull while intraday pivot points hold. Below them, then expect some selling.

Good tradin' all.

[RL]

A question

Spike when do you figure UNH will turn around and stop this slide.If you have time to look at It.
Thanks

[spikefader]

Spike when do you figure UNH will turn around and stop this slide.If you have time to look at It.
Thanks

UNH weekly channel long right now. Expanding daily channel long today. Intraday 1 min double bottom and 5 min inverted SHS (including premarket data) with bullish neckline break so it has a chance to run bullish now. A break below today's low would be very bad as far as channels go.

As a side note: your whisper of the sell off was the 'tweezer tops' a couple weeks ago. They can be powerful so careful trading or holding against them.

[RL]

Thanks Spike

Great for you to take the time. Hoping that channel long works. I'll be watching.

[Websman]

Well, I guess my days of going to China are over. The yuan won't be so cheap anymore.

I kind of enjoyed the fact that the exchange rate was twelve cents to the dollar. I could have shrimp dumplings and a Diet Coke for lunch for about fifty cents. Then I could have a 6-7 course meal for dinner and it was only a couple bucks.

Sure, I was eating strange things like "Eel blood soup" and "boneless chicken feet", but there was some good food such as "pork dumplings" and "fried corn", oh yea...and I couldn't forget the "barbequed fish". I also ate at one of the most expensive four star restaurants in Hangzhou for a grand total of $8, and the food there was fantastic.

After filling up on authentic Chinese cuisine, I could go to the Old Shanghai market and get unbelievable bargains on all kinds of goods. It was like a huge discount flea market. All you had to know how to say was "Tyguilla" and "bullyow" to be able to bargain with the locals.

And while you were conducting you business, there'd be a bunch of locals in your face, staring at you in amazement. It wasn't as bad for me as it was for some of my blonde haired, blue eyed friends though. They always attracted attention wherever they went. I could actually blend in at times, because of my dark hair and dark complexion. I was fine until they got a closer look at me and found out that I wasn't one of them after all, and that I had real facial hair, and then I'd get stared at just like my friends. We were like a freak show for the Chinese.

Ahhh, the memories. I couldn't go back to that wonderful hell hole though. It wouldn't be the same, if I couldn't get my fifty cent shrimp dumplings...

[Runner]

VPHM thoughts.....

Spike your intra day chart lines up with my daily.

[spikefader]

Thanks Runner! VPHM weekly looks like it's in a 3 at the moment too.

[Runner]

Spike what ya think about KOSP? It popped up on my P/B screen today. 60 min chart looks like a 5 down. Might be to close to resistance right now?

[B.J]

Spike, Runner, and/or equivalent charting expert...

VPHM seems to be acting constructively amid its recent selloff, wouldn't you agree? Both days it has closed off its lows, pretty close to the midpoint of the day's price movement, and volume is steadily decreasing. What I'm getting at, is that it's a solid hold, right?

[spikefader]

Spike what ya think about KOSP? It popped up on my P/B screen today. 60 min chart looks like a 5 down. Might be to close to resistance right now?

Look for the ABC and play the C long is the plan I'd draw up. And if it gives you a purple channel long day first, take it long there, and exit on the B completion, and wait for the C to go long again.

[spikefader]

Spike, Runner, and/or equivalent charting expert...

VPHM seems to be acting constructively amid its recent selloff, wouldn't you agree? Both days it has closed off its lows, pretty close to the midpoint of the day's price movement, and volume is steadily decreasing. What I'm getting at, is that it's a solid hold, right?

First though is the weekly candle looks toppy. Alone, that means little, but it's like a red flag to me, and with that red flag, I need to be convinced it's nothing. So what can convince me. Let's start with the EW count. From 1.67 I can see a 12345abc and c got bought on 25 May, leading to 12345 5 completion on 14 June. And the last impulses up might count to 5 completion 3 days ago. On the weekly, it shows it's in a 4 down, but hey, it might turn into a SHS and neckline break first, or God forbid, an island reversal on a gap down. This one should be treated with respect now, considering the last 2 trading days. These 2 days have changed the entire landscape now I think. There was an expanding channel long 2 days ago, and the expansion signals caution longs. There should be a 'c' completion soon, and that is the critical point. Should that fail, I wouldn't want to be long, and that's the logical place for a stop. Had the last 2 days been stronger, I would be more optimistic. The candle 2 days ago was bullish, but then yesterday's action was weak. I can't seem to get backfill for that drop down to $10.14, and I'm trying a whole bunch of data providers. That may have messed up my intraday pivot for it yesterday, which I show as 11.18. And price closed beneath it, which is another red flag. Yes, it's a hold, but it's a cautious hold. I can't see the price action when it plunged (ANYONE GOT A CHART they can post??) but it may be wise to take profits and wait and see how C holds up. If you hold long now, stop at $10.10 or so. Certainly a stop under C when it's formed.