Spike's Scientific Stock Analysis

[Runner]

Spike that RATE looks pretty darn good. Might even look better at your "C" point.

[spikefader]

Spike that RATE looks pretty darn good. Might even look better at your "C" point.

Yeah it would. Only problem is that 'c' doesn't always drop below the 'a', and if this one does now it would be a break of the channel long day. I am going to assume that this is a short 'c' that won't breach the 'a' low.

[Runner]

Yeah it would. Only problem is that 'c' doesn't always drop below the 'a', and if this one does now it would be a break of the channel long day. I am going to assume that this is a short 'c' that won't breach the 'a' low.

Spike, not sure how much your into EW if RATE bounces off your “c” then what we have here is called a flat. These guys terminate just slightly under the “a”., but based on probabilities I’d feel comfortable taking it off that nice support line you have shown on the chart only if it bounces and volume increases.

[Runner]

Another factor of the flat is that they happen in strong uptrends. RATE has a nice trend going on. In stronger trends flats will not take long to play out.... We shall seeeee

[spikefader]

Spike, not sure how much your into EW if RATE bounces off your “c” then what we have here is called a flat. These guys terminate just slightly under the “a”., but based on probabilities I’d feel comfortable taking it off that nice support line you have shown on the chart only if it bounces and volume increases.

I'm into EW for Dummies Anything beyond 'c' and I get bored lol The way I look at it is 'c' is a line in the sand, and it either holds or it doesn't.

Are you saying that according to EW flats always drop below 'a'? In "Spike EW" (haha) I just call them 'c' and they may or may not go below 'a'. Either way, it doesn't matter much except perhaps with regard to stop locations. Suits my purposes, and apologies to any true EWers out there.

I've got plenty of valid looking 'counts' (my counts anyway) that show the that they don't, so I'm happy trading them as if they may or may not, and don't need them to before I take it.

Thanks.

[dmk112]

Spike,

Can you take a look at this thread, we had a discussion in regard to the log and linear scale, which one to use? Both?

http://www.mrmarketishuge.com/showpost.php?p=27978&postcount=911

[scifos]

Spike, What's your take on MESA? Seems to be in an acending triangle, and bounces nicely off its 50 day SMA.

[alice4321us]

Pfizer

Has anyone looked at PFE lately. Please explain the charts a little bit?

[spikefader]

Spike,

Can you take a look at this thread, we had a discussion in regard to the log and linear scale, which one to use? Both?

http://www.mrmarketishuge.com/showpo...&postcount=911

I will look at both sometimes, linear usually though. It's really something I've never really felt was that important. Log can give you much better targets that's one thing I've noticed. With channels for example, a log chart will often have a much higher target than linear.

[spikefader]

Spike, What's your take on MESA? Seems to be in an acending triangle, and bounces nicely off its 50 day SMA.

MESA is a great looking chart! With nice 38% profit target for the triangle.

[scifos]

Great! how about taking a look at my other holding, PPC

[spikefader]

Great! how about taking a look at my other holding, PPC

Another good one.

[Runner]

MESA is a great looking chart! With nice 38% profit target for the triangle.

MESA is on my by alert. I think this one is ready to rock!!

[grebnet]

gnta

Good morning Spike..

Could you tell me thoughts on GNTA ??
I figure you will say it is filling the gap.... Would appreciate TA thoughts on buy signal and target.. I already own and am looking to add .

[RL]

What Is your thinking

Spike how do you feel about holding a stock thru earnings report?