Spike's Scientific Stock Analysis

[New-born baby]

Rembrandt

Spike's quite an artist!

[spikefader]

Just took Dow futes long at 10525 after that inverted SHS on the 1 min chart. Price broke neckline, and has come back to test that 520 support 2 times. This may be the bottom for today.

Closed -3 and am switching to neutral tonight. The market has some work to do. Vector remains bullish at close and it's trying to tell me that this market weakness is a buying opportunity. I'm just having a hard time believing it. LOL

[Runner]

Spike, something crazy seems to happen time and time again. Notice some of the dogs like SWIR on days that the market sucks. These guys go against the current. Blows my mind!!

[spikefader]

Spike, something crazy seems to happen time and time again. Notice some of the dogs like SWIR on days that the market sucks. These guys go against the current. Blows my mind!!

Yep, that's what the market is! lol

In a day where you think it's all bad, there are shining examples of the irrefutable power of support and resistance.

[mystiky]

How's HOKU doing?

Hi Spike,

Well, looks like HOKU wants to start heading lower. The chart is so young, so I need some guidance.

Where do you see it going? Looks like support around 9.30?

Seems like a very typical "MOMO" play. Not much else...

THANKS!

[spikefader]

Hi Spike,

Well, looks like HOKU wants to start heading lower. The chart is so young, so I need some guidance.

Where do you see it going? Looks like support around 9.30?

Seems like a very typical "MOMO" play. Not much else...

THANKS!

lol, yep, stocks that double from 6 to 12 in three days with gaps are good short candidates! lol
That triple top yesterday afternoon was the whisper. Start looking for an intraday bullish pattern when it hits 10. The lower channel is at 10.50 and vol by price on the daily at 10.00. Failing there, look for 9.47 support (5% retrace), then 9.14 support (gap), then gap fill 8.04, then gap fill 6.21. They are all the supports on the way down. That first gap is low volume, so if the big volume gap fails, that is where she's headed in a hurry. Nimble traders faded the spike up, but having missed that opportunity today, the bias is long (at least while there is no channel breach) and one should look to pounce on it at the right time.

[spikefader]

Hey spike i bought hoku and gw in a mock portfolio on fri, I know nothing serious but I'm just trying to test some things out and learn. Any take on either of these stocks?
Thanks a lot
tjK

Hey tokyojoe! Nice move to mock it. Best way to test things out - certainly cheaper! heh.

OK, HOKU I posted on earlier tonight, so my bias is on the long side having missed the fade move today. Profit-taking is in the air for HOKU, and where that stops only God knows But I'll be stalking a long for it.

GW looks interesting. Double top on the weekly is a bearish thing in itself, but money flow has been great. Daily shows ascending triangle, with vol by price building strongly at current prices. Daily money flow is sprouting from zero, so perhaps it's about to explode up. I'd keep a stop under the ascending triangle on that one, certainly no lower than 7.40.

Good luck dude.

[Thomrich]

Greetings,

Just checking in,and wanted tothank you Spike for the call on AAPL,I added 2K to my IRA from your insight.I also exited,as its not my typical play.

I am looking to go longer in natural gas,already have HTE for an oil play,Kurt Wulffs projections for US NG trusts is impressive.PBT,MTR,SJT,and SBR are all likely to substantially increase distributions this fall.I like PBT for FA reasons,I hope they could make you a buck,do you have a favorite TA wise?

Thanks again,
cordially Tom

[spikefader]

PACT: Lye, heads up dude.

[noshadyldy]

Rgen

Spike, when you get a chance, can you take a look at RGEN? It appears to be bouncing off the mid channel several times now and the 50DMA.

ELN is giving me a headache!

Thanks fella!

[noshadyldy]

AND furthermore

I would think it's GOTTA STINK for ELN right now that it spiked then totally retraced like that. No faith in that little news blurb. Actually it was a non news newspiece and it was fairly obvious that someones just trying to stir the pot.

[spikefader]

Greetings,

Just checking in,and wanted tothank you Spike for the call on AAPL,I added 2K to my IRA from your insight.I also exited,as its not my typical play.

I am looking to go longer in natural gas,already have HTE for an oil play,Kurt Wulffs projections for US NG trusts is impressive.PBT,MTR,SJT,and SBR are all likely to substantially increase distributions this fall.I like PBT for FA reasons,I hope they could make you a buck,do you have a favorite TA wise?

Thanks again,
cordially Tom

Awesome! Glad to be of service I'll pick a fav out of those today. HTE acting crazy bullish with minor boom Monday and plenty of upside room to upper channel 37.00 and that line is rising a poiint every 5 days! lol It's one hot sector now.

I like HTE, but for an exploration play right this second, check out TMY: Long 3.14 neckline break, risk 3.5% under lod, target 27% and rising (upper channel and/or 5th wave up on the daily) r/r of 7 is acceptable

[spikefader]

ELN is giving me a headache!

LOL It gives me a headache every time I look at it LOL. Surely it's impossible to watch it gap and sell on volume like it has for months. I don't trust ELN on the long side. Channel turn down again today, I'm expecting 7.00 soon. I won't be taking the long setup that the channel long provides. There are sooooo many great charts out there right now, and this one can't compete.

Spike, when you get a chance, can you take a look at RGEN? It appears to be bouncing off the mid channel several times now and the 50DMA.
Thanks fella!

Sure. RGEN: The daily shows a channel long the other day at 3.29 low. The weekly I'm thinking wait for the channel long at 3.00. But if it does that, the daily won't be so hot; failing channel long and falling from vol by price. I think the clincher is yesterday on the daily there is a minor channel short. I think one needs to be on the sidelines for RGEN now. Count-wise, I see a daily 5 wave move up, but the 5th is truncated, followed by the drop and channel short. Yep, leave it alone or take profits. It'll set up long once more soon enough.

Best to you!

[spikefader]

I would think it's GOTTA STINK for ELN right now that it spiked then totally retraced like that. No faith in that little news blurb. Actually it was a non news newspiece and it was fairly obvious that someones just trying to stir the pot.

Yep; and I note it's working on a channel short today too, double top on the daily. Looks like it's gonna fall to me.

[dmk112]

Spike, quick! RGLD double bottom on intraday, good to go or what?