Spike's Scientific Stock Analysis

[noshadyldy]

YOUR THE BEST, Spike,
Thanks so much!
not touching RGEN and short on ELN

And yep, i've been watching gold too lately.

[spikefader]

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

Nope. Might be a double bottom, but the daily isn't showing the obligatory channel long I like. TMY a better play in comparison.

[dmk112]

Thanks, true in deed. What's the avatar, bull or bear? I think we have some buying opportunities here with the NAS at strong support, what u think?

[dmk112]

Also got stopped out today on STV after it took my gains away only to see that it was a channel long...not a good day

[dmk112]

Nope. Might be a double bottom, but the daily isn't showing the obligatory channel long I like. TMY a better play in comparison.

TMY is an oil though, any interesting gold stocks out there in your opinion?

[spikefader]

Thanks, true in deed. What's the avatar, bull or bear? I think we have some buying opportunities here with the NAS at strong support, what u think?

That's a bull in bed asleep. Changed from bull to neutral last night. Today, Vector is almost certainly going to close bearish. Caution on the long side. Take only the best setups and limit the downside.

[New-born baby]

Tmy

TMY: I'm in at $3.10. Thank, Spike!
Hey, you remember your SGR entry you posted at $21.90? I'm in at $21.90.
Was $23 yesterday before Mr. Greenspan spoke out. Doing okay today at $22.51.

KBH, HOV, and TOL: all short?

[noshadyldy]

Very worthwhile article - GOLD!

http://www.gold-eagle.com/editorials_05/chan091705.html

[tokyojoeskid]

tmy

where would you suggest a stop, right under 3?
thanks
TJk

[dmk112]

Tmy

Currently a descending bearish triangle on it, it may test the lod. I would wait.

[spikefader]

TMY: I'm in at $3.10. Thank, Spike!

You're welcome, but it's not doin' right today. The setup failed with prices under lod. 3.02 was the stop I'd calculated that r/r on. Sorry dude.

where would you suggest a stop, right under 3?
thanks
TJk

When I posted I had 3.02 in my mind when I worked out the r/r. 2.99 has the added psychological value there. Anyway, the setup has failed, and the next one is taking the long AT the low of day of 2.97 with a stop 2 pennies below. That's only 0.67% risk, and worthwhile trying.

[spikefader]

Hey, you remember your SGR entry you posted at $21.90? I'm in at $21.90. Was $23 yesterday before Mr. Greenspan spoke out. Doing okay today at $22.51. KBH, HOV, and TOL: all short?

SGR isn't acting impulsive like I expected/wanted. Not really liking the action or the patterns, so a neutral stance is called for I think. I'd recommend that if you're going to hold it, tight stop under lod now. There will be better setups down the road.

KBH: expanding channel long yesterday with no attractive pattern, and price is threatening to take that low out. Bearish if/when it does. I really think it's headed to the neckline I posted yesterday which is around 68.00. Below the neckline you know where I think it's headed

HOV: Yep, bearish One of my POTW picks and if you pull up the weekly you'll see the major channel long day was broken last week, and then a channel short candle last week from the top, which may explain its action this week being so ugly.

TOL: Yep, bearish. While there is an expanding channel long on the weekly this week, we're still only half way through the week and the daily shows the SHS with neckline break this week that targets 33.50ish, price falling from solid vol by price. Might be headed for the major weekly lower channel of 31.70 and rising.

[spikefader]

Thanks for that link noshady.

TMY: Yes, dmk, good read there. Long at lod a play with good r/r. I'm seeing on the daily that this drop is a 12345abc 'c' long setup. It's got great upside potential if that's the correct read. I'm bidding on it anyway

EDIT: Actually, that's a tweezer bottom on the 5 min chart, and if it now trades at 3.10, that's another neckline break of inverted SHS. If one takes 3.10 though that's 4.5% risk with stop under lod..... there goes the neckline now on a spike to 3.13. Bidding 3.10 now. Sheesh. LOL

[noshadyldy]

gold

Your welcome!

BGO CBJ HL PAAS GSS (stocks from that link) all finished up at or very close to the HOD.

Tomorrow, who knows.

[ForeverInvesting]

Yep, bearish One of my POTW picks and if you pull up the weekly you'll see the major channel long day was broken last week, and then a channel short candle last week from the top, which may explain its action this week being so ugly.

Hi Spike,

HOV looks pretty oversold on the daily chart. See chart below. Do you think HOV will bounce soon? Maybe around $48 or right here at $50? I am short at $57.87 so it probably just as well to hold through a bounce. I am not bragging, I just really do not think HOV has far to bounce.

Thanks,
Mike