Spike's Scientific Stock Analysis

[spikefader]

KBH lovers: We are in a c correction down, and I'm looking intraday and see potential tweezers on the 5 min chart. This is a very sneaky entry down here with stop under lod. Bargain in my opinion. I'm sure NBB ain't feeling that way right now, but NB, chin up dude. I think you've got the count on your side, at least while the daily c holds (once it's confirmed it is here of course). Anyone looking for entry, this is where you should be looking.
EDIT: channel long in the 73.90 zone of course. If this intra pattern fails, that's the next place to look for another pattern.

[df21084]

I am long

I am long KBH. I'm not selling it until I hit my 15% target. I've panicked too many times, and I've ended up losing $$$ as a result.

HOV numbers look excellent, as does TOL. There are better days ahead. The market in general is having crappy days as of late. There are better days ahead.

[spikefader]

OK, daily channel long and intra pattern for entry now. I'll give this some wiggle room as far as stop. It may want to form a bigger head, so I'll give it the chance. Wave count is good as far as exhaustion goes I think.

[spikefader]

OSG: intraday S1 at 65.12 is a pretty good place to bid. I would recommend buying the gap support considering current market conditions though....

[Thomrich]

Greetings,

ALERT,ALERT

EENC channel long IMO,

cordially Tom

[spikefader]

haha yep Thomrich! I was watching it happen! Passed on it because I'm distracted with others.

[mooddude]

Any ideas on today's action of ASEI? It reported earnings then gapped and went higher, after which hit new daily lows. Over 20% price change in just one day. Doomed or just crappy market?

[spikefader]

Any ideas on today's action of ASEI? It reported earnings then gapped and went higher, after which hit new daily lows. Over 20% price change in just one day. Doomed or just crappy market?

Well, it just went searching for support. Seems to have found it

[Thomrich]

Greetings Spike,

My order for 23.15 never filled,was watching trade data and saw 500 shares go by at 23.15,but it was someone else..

Im looking to "ambush" on monday in the 22s early AM.

BTW HANS seems to be turning into a swing trader, buying low 90 and selling mid to high 90s lately,looks like a wedge formation,which ever way it breaks should be strong?

cordially and have a good weekend
Tom

[mooddude]

Well, it just went searching for support. Seems to have found it

That's a great explanation, Spike! Makes much more sense now Thanks.

[spikefader]

Thomrich, good luck with it on Mon. Yes, HANS is quite the shaker!

Mooddude, yer welcome.

Great w/ends all.

[spikefader]

MFLX 5th showed itself yesterday in the face of the bear! ain't EW amazing!

http://img344.imageshack.us/img344/2350/mflxgoingwell1pj.jpg

now looks like a bearish tweezer, so the abc might fill the gap....

EDIT: So from the call back at 14.07 to the completion is a nice 82% opportunity. Another reminder that patient and smart channel entries can lead to really nice things.

[New-born baby]

EDIT: So from the call back at 14.07 to the completion is a nice 82% opportunity. Another reminder that patient and smart channel entries can lead to really nice things.

That's it right there. Patient entry at the channel. Too bad I didn't read the byline at the bottom of Spike's posts for the last year!

[Thomrich]

Greetings Spike,

As an instructional piece,at your leisure,would you look at SNDK?

Its related to my position in LEXR,which is close to being stopped out,

It gapped up recently,and appears to be hitting an upper channel.

Does this fit a likely short,with a gap fill in mind as a target?The volume seems to be sputtering here.If I could post a chart directly without resizing,and linking to imageshack I would to illustrate.

I dont know how you get your charts to load up here,Ill keep at it,and figure it out one day.

cordially Tom

[Thomrich]

Here goes,,

As related to a past post,

http://img216.imageshack.us/my.php?image=zica8wi.png

Looks like low 2s was in the cards a for a long entry a long time ago,

Heres the SNDK chart

http://img88.imageshack.us/img88/7071/sndk5wz.png

cordially Tom