Spike's Scientific Stock Analysis

[spikefader]

Spike,

Just noticed that TJX has bounced back pretty hard. What do you think about it? Volume looks pretty good, and it finally close above 50-day.

Do you see resisatnce at around 22.10, or might it actually think about running to almost 23?

Thanks again!

Better charts out there. The weekly isn't so hot, and the daily shows it's had a good run to resistance. I have a bearish bias on it until it takes out that aweful spike to 23.97 or generates a channel long.

[dmk112]

GM is in trouble, Spike where can I short this sucker?

[spikefader]

GM is in trouble, Spike where can I short this sucker?

It sure is. It's approaching weekly price support now, but it's exploding down through channels, so it's as weak as a wet noodle. I think if it presents a nice pattern tomorrow it would be worth a shot. I'll watch it tomorrow and see. But you know what, why don't you look at GMW (Gen Motors Corp NYSE) that's already broken price support and screaming south. But as always, the good r/r opp need to present itself. Patterns and logic.

[Lyehopper]

Spike, thanks for everything...

You are a valuable resource dude. And thanks to $$$Mr Market$$$ for this forum!.... Heck.... sniff.... I'm tearing up here fellas!

[spikefader]

hehe Lye. I can feel the love dude! Ahhh, you're welcome!

Hey, check out VPHM people: Might even play this in POTW if it pops. (Thanks to alice4321us for the heads up!)

[RL]

Spike I would like to buy ABP watcha think?

[spikefader]

Spike I would like to buy ABP watcha think?

Yeah, looks good on the daily. Booming, with channel long recently (expanding). Today it's near resistance, but the ascending triangle is there. Here's what I'd do:

[RL]

Spike your the GREATEST thanks going to go have one HERETO YA

[mystiky]

BCRX opinion

Hey Spike!

BCRX has been a "monster" the last few days, thanks for a Cramer and all-day "Bird Flu" CNBC pump. The RSI on it is now almost 93, and without a question, it WILL correct. I have established a small short position today at the close and will add-on some more tommorow if it still has the "balls" to pop higher.

Now, here is where I am a bit confused. There seems to be
"no-gaps" between the run which started at under 10 and has runup to over 15. Where do you see "corrections" support? I am thinking around 13.40 is the first area? And if it breaks that? Around 12.50?

I realize that volume supports this runup, but it has to give back somewhere.

Would love to see your "drawing" of the chart and comments.

Thanks SPIKE!

[dmk112]

Hey Spike!

BCRX has been a "monster" the last few days, thanks for a Cramer and all-day "Bird Flu" CNBC pump. The RSI on it is now almost 93, and without a question, it WILL correct. I have established a small short position today at the close and will add-on some more tommorow if it still has the "balls" to pop higher.

Now, here is where I am a bit confused. There seems to be
"no-gaps" between the run which started at under 10 and has runup to over 15. Where do you see "corrections" support? I am thinking around 13.40 is the first area? And if it breaks that? Around 12.50?

I realize that volume supports this runup, but it has to give back somewhere.

Would love to see your "drawing" of the chart and comments.

Thanks SPIKE!

Just a thought, yes it did pull back today but you really have no basis on going short on this one. Yes, the RSI is overbought but you have to know that overbought can become "more overbought" and there was no reason why this stock couldn't move another 2 points and there's no near overhead on it. In your favor it did pull back today but this will not happen alot of times, something to think about.

[mystiky]

Ngs

Hi Spike,

Any updates to your chart opinions on NGS?

It's had a lot "drama" lately...

[tokyojoeskid]

Hey Spike,

Can I have your take on HLEx, it almost looks like a double bottom formed and now it just popped. I have been tracking this thing since $11.

thanks

Tjk

[Thomrich]

Greetings,

TJK,I have watched HLEX too for about a year.Looks like abreak from a wedge to me.Target 27?Money seems to be rotating to health benefits sector,Nice long a couple days ago,with great money flow.JMHO.

cordially Tom

[tokyojoeskid]

hlex

Thanks Tom

The volume today is incredible

[spikefader]

OK, I'm a bull again. Took +100 in dow futes position and will be looking for long entry on Monday. Vector convincingly bullish at close. Weekly channel longs on weekly SPX, INDU, and COMPX (expanding). Where's that bullish avatar I had lying around here.......

OK, let's have a look at BCRX, NGS, and HLEX....