Spike's Scientific Stock Analysis

[New-born baby]

I'm not Spike, but . . .

Spike If you have the time can I make a couple of bucks on ARD?

RL:
I want to see what Spike thinks of these two charts. He might teach me something here.
First the weekly says you have a very bullish stock here. Timing will be important though.



The daily says to me that the time has not yet come to enter.

[spikefader]

Spike If you have the time can I make a couple of bucks on ARD?

I think you can. In fact, right now at 23.10 is very good r/r.

[spikefader]

And NB makes valid points, which is why if you took this 23.10 level you'd keep tight leash on it, with say 22.70 stop, which is only 1.7% risk, to target upper channel of say 30%, which is extremely good r/r.

[spikefader]

Yeah NB, I see Karel was quick on the draw to edit your large image. Ya gotta find some way to make them narrower. Tall is OK - maybe put all your text down the bottom or something.

[spikefader]

oh shoot, I did the same thing as you! Karel, you are speedy today! Sorry dude.

[Karel]

Sorry folks, but it is easy enough to get the size of your images right. And someone mentioned the ads: yes, we need those too. Hosting isn't free, and the bulletin board software we use isn't either.

Regards,

Karel

[spikefader]

...I want to see what Spike thinks of these two charts. He might teach me something here...

Heh, OK since you asked harhar

OK, my thoughts.

You observe: "could be started to make another cup", and to that I would respectfully say this: Don't speculate on what it 'might' be going to do. Perhaps it's just the way you phrase it, but it might be going to do a lot of things. 'Might' is just a guess, and isn't really supported by anything other than the great possibilities in the world of unknowns. I would encourage you to let your chart do the talking. The chart doesn't really say, "might be going to form another cup".

The chart DID speak several times that I see. One of those times was when it booms; clearly shouting something like, "Hey, forget the 'might-be-about-to-do" anything; I'm a hungry bull and I'm GOING to do THIS!". Another time is the channel long and another is the buy signal on the 20. Those things are the talking. Great money flow is the talking. Bounce off 20.00 price support is the talking. And as per the below chart, the failure of the triangle when you zoom in, is talking. And the talking is bullish. Ya know?

Show what it IS in the chart that is really saying something, and don't throw guesses and 'mights' at it. We all know what it 'might' do; we better than anyone. Sure: It might make us look like complete fools! hehe But at least we fools have a BASIS to say the things we say. It's booming and just formed a cupnhandle, volume is increasing with volatility, the triangle breaks, a recent channel long, 20-day long signal, the trend is your friend until it isn't, support holds until it doesn't. NB: Try to really 'see' the potential in the stock even when you might conservatively want a pullback. I ENCOURAGE buying into weakness, but sometimes it is safe to play an aggressive long and 'chase'. Make the r/r numbers on your side and all is well. How many channel turn ups have I highlighted in this thread that have worked wonderfully? I think many. Sure, some fail, but most have worked at least well enough to put a stop to break even and eliminate the risk from entry element.

So seriously dude, your charts have merit, so I don't want to detract from their worth, but merely add some things to think about. Your work shines dude, and you are correct very often and you see things I don't, and you can feel good that you have come a long way in a short time. I think you just need to tighten those pattern observations up and get pickier about what 'makes' a pattern valid. I predict that one day soon your dedication and thirst for knowledge and truth will teach a trick or two to any so-called master you might choose to seek instruction from

All this offered with respectful admiration for your thirst to learn what others know and see (especially from this here knucklehead!haha).

[spikefader]

YM stop to even now.

[New-born baby]

Thanks, Spike

Spike,
Thank you for your comments. I appreciate them very much. Can't learn if you can't take correction.
1. Yes, I'll make narrower charts from now on.
2. I am going to work on pattern recognition.
3. I want to learn the art of the perfect entry. Keep posting on that.
You'd think that, sooner or later, I'd learn. DUH!

[spikefader]

Yer welcome NB

Hey RL, with ARD intraday you've had a 5.8% move up from that 23.10 entry I posted, so I'd be putting stop to even or at worst 23.00.

[RL]

Thanks Spike for your reply

Was not able to get In, at lunch with my bride just got In bought at 23.63 looked like both you NB felt It was bullish so I,m going with It also a dart throw nothing ventured nothing gained

[dmk112]

Spike I think it is a complex SHS on the YM'S there... didn't trade it.

[spikefader]

Spike I think it is a complex SHS on the YM'S there... didn't trade it.

Looks like a SHS doesn't it, but I'm seeing long set up again now. Just took long 10400.

[dmk112]

Looks like a SHS doesn't it, but I'm seeing long set up again now. Just took long 10400.

I think we were on the same page there...

[spikefader]

GOOG: What an amazing example of bullish price action. It's the same old stuff folks. Not rocket science. Just whispers, opportunity and reward. Red channel long was one clever way to play it.