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Spike thanks much for your answer to my question on the life of your crop picks.However now I must figure out to go with the top 5 or the bottom 5 not enough cash to go with all 10 so I will set up the dart board and find out which 5 I will buy?LOL YOUR THE BEST
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Ray Long -
Here are the five I hit with the dart throw SKM, GOL, FORM, CEO,CEIL.I'll buy at the open Tue 2/21Ray LongComment
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Greetings Spike,
I mentioned this one a few weeks ago,
Im sure there's a EW count in somewhere,does it appear bullish to you?From my point of view,it looks like it burst through the downtrend on major volume,and possibly taking a breather before the next move?
The recent gap up did not fill on the drop,suggesting good support above that level?
Also have PBT on my screen for any move to 16.50 or above.
Cordially TomComment
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Hiya Tom.Originally posted by TFredGreetings Spike,
I mentioned this one a few weeks ago,
Im sure there's a EW count in somewhere,does it appear bullish to you?From my point of view,it looks like it burst through the downtrend on major volume,and possibly taking a breather before the next move?
The recent gap up did not fill on the drop,suggesting good support above that level?
Also have PBT on my screen for any move to 16.50 or above.
Cordially Tom
PPHM: has some potential for sure....booming on the daily and weekly with volume, weekly channel resistance not until 2.00ish. Very high vol by price on the weekly under current levels. Money flow sharply green....done the weekly cup, in the progress of making the handle.... A channel long at 1.20 area would be very tempting. So would a return to the gap support at 1.23. Stalk mode for those I think. I count the daily 'c' to be on 10 Feb at 1.37 and that 'c' just got tested 2 days ago....seems to be forming a symmetrical triangle so look for the breakout too... Good tradin!Comment
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Spike, any thoughts on AOB? Currently consolidating after a small run up, and its right at FIB and volume support. Has big neg C. Money Flow too. I'm looking at it as a short candidate.
Buy Low
Sell High
STAY FROSTY!Comment
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Hey scifos.Originally posted by scifosSpike, any thoughts on AOB? Currently consolidating after a small run up, and its right at FIB and volume support. Has big neg C. Money Flow too. I'm looking at it as a short candidate.
I focused on the weekly for thoughts....
I think there are better shorts out there. But if it breaks the neckline or fails the coming 'c' then I think a good setup will present.....
The weekly channel long was the 4.10 low, so that's the channel failure area.
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I'm really bummed out all set to play 5 stocks from your creme of the crop, but with oil up over $1 at this time I think I could enter these stocks at a better point when the oil comes back down a little. Have to see what happens.Ray LongComment
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Spike I jumped In with the 5 from your Creme of the crop couldn't stand not trying but I put my message on Daves thread [and I did not have a beer yet] do I get out when down 4% or wait untill end of the day should that happen?Ray LongComment
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My tolerance for Creme risk is -4%. The fact that you're chasing these Creme entries is enough reason to stick with a strict tolerance and keep your stop tight, especially given the fact that Jim is correct, the Dow is forming an broadening bearish triangle....Originally posted by RL
And remember, if your entries don't match the Crop then matching its performance gets tricky.Comment
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Spike,
Beautiful call on CDE and PAAS. I've missed my buy in twice because they just keep going up!Comment
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NSSC action today
What a wild ride for NSSC today! My god, you pretty much nailed the bottom "load-up" price of 14.65 (14.53 was the actual day low). Incredible display of "stop losses" being taken out as soon as it went under $15. I wasn't quick enough to get a great fill, but what I got shall do.
So, do you think that now that it has touched that support and bounced back to close almost for no loss on the day (on large volume) means that it's getting ready to challange $16 and above? Seems to me like buyers are still out there and the uptrend is still quite intact.
Your thoughts? Thanks for all the input everyone!
Originally posted by spikefaderhey mystiky.
NSSC another fine display of bullishness. Booming major and minor weekly channels, very bullish band action. Clear bullish bias fer that one. Looks to be in 5 of 5 within a bigger 3 of 5. I really think it'll profit-take first thing Tuesday. If you're long already you might wanna just hold it and wait for the abc c failure to confirm and get out, OR just weather the 4 down and look for the 5th, which 17.50 is probably a measured move (nice estimation on your part on 17.00 by the way hehe). If you're lookin' for long entry, look for the abc 'c' long entry and keep a tight stop at 15.00 or 14.65 whichever sits best at entry (assuming I'm even right hehe). If you're lookin' short, then short 15.87 with 1/2% stop at 16.95 or wait for the 'c' failure. Good luck!
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