Spike's Scientific Stock Analysis

[noshadyldy]

newborn baby, I'm even wetter behind the ears than you, but my guess is that buy in should be just beyond 1.50. I don't really know the target since its a stock used in alot of swing trades and I just ain't that good. Spike, may we defer to your expertise???

margie

[spikefader]

RELV - someone still holding this one??

[spikefader]

Wo Spike Throw One of Them There Charts UP on BJ And MAYBE it will be a guidance for someone who stole there kids lunch monies and looking for a place to spend it. ===> MEA

Hmm, not really liking it yet.

[spikefader]

Re: possibilites!!!

just another head's up, my friends. ARTX is working on a reverse SHS. It's a great trading stock. Not near the neckline break yet, but worth a watch.

margie

Ya, one to watch. Thanks.

[spikefader]

also.......... take a look at TSRG. a true penny stock if ever there was one, BUT... if one of you guys hold down IIC, I could steal his "lunch money" that he's always talking about, invest it for all of us, and in years to come, we could be RICH RICH RICH!!!!

[spikefader]

newborn baby, I'm even wetter behind the ears than you, but my guess is that buy in should be just beyond 1.50. I don't really know the target since its a stock used in alot of swing trades and I just ain't that good. Spike, may we defer to your expertise???

margie

Well, this was the last chart I put up. http://img.photobucket.com/albums/v1...ading/ARTX.jpg

And today, I'm not bullish on it sorry to say

[noshadyldy]

WOW.. thanks Spike, especially for the warning on ARTX. this time, I'm listening to you. however..... being that my love of penny stocks is at high lately.... ADPR has a VERY interesting chart since May AND phenominal earings for such a little bit of a stock.
margie

[spikefader]

WOW.. thanks Spike, especially for the warning on ARTX. this time, I'm listening to you. however..... being that my love of penny stocks is at high lately.... ADPR has a VERY interesting chart since May AND phenominal earings for such a little bit of a stock.
margie

You're welcome. Just to be sure, I took a second look at it. It IS near support, but if the blue line fails, I'd suggest cutting losses and waiting for reentry later. Looking at it, you can see the big 5 waves up, and then people cutting losses last month during the sharp decline. If the blue line fails, you could see a 100% retrace back to the 50 cent range, since the big waves down are only at the end of wave 3...could be wave 4 currently, with another drop being wave 5 to complete. That wave 5 completion is the place to get bullish on it. See also May, June, July, there is a descending triangle, which is bearish formation.
The recent little inverted SHS you see (and on closer inspection it's not the classic shape you want to see) doesn't really give me reason to overlook all the other things.
Here's my second look:


And weekly:

[spikefader]

ADPR has a VERY interesting chart since May AND phenominal earings for such a little bit of a stock.
margie

Getting interesting....

[noshadyldy]

Thanks Spike.
I'm going to plunk some money that I don't need (just a few hundred probably) into adpr and forget about it for awhile like I did with adzr a few years ago and cashed out nicely about a year or so later.

[Websman]

Spike...Do you think NUTR could make a rebound?

I'm showing NUTR hit resistance today at $14.75.

[jesse4livermore]

Hi !

Thats my first post on this board I found this site on elitetrader.com, and I'm really looking forward to start rading lots of interesting post here...

I'm a Technical Analyst since 1992,
Can I post some Technical Analysis here ?

I'll start with my latest T.Analysis on SUNW:

SUNW – Falling Wedge Triggers Buy Signal

This is a Short Term Technical Analysis, taking in consideration some Long and Mid term references that are «near the coast»…

Overview:
Since late June, that SUNW is trading a Falling Wedge (FW) pattern. This is a Bullish formation, which goes against an important Long Term Support level in late July…

Anyway… last week, SUNW performed a false breakdown of this pattern, which gave no specific signal since the FW only give buying signals based on upside breakouts.
Today SUNW closed above the top of the FW, giving a clean and simple buy signal for short term purposes (yesterday session was already a prediction of today strong day, with a nice hammer candle providing «backup» for the buying power that we witnessed today).

The target of this pattern is the 4.35 level within 1½ months. This signal is aborted only with a close below 3.60.

This short term target, have to fight with 2 other patterns from different time frames:
- The last long term support which is now a resistance, with reference at the 3.90 level
- The Mid Term descending resistance that is spotted right now on the 4.15 level

Besides this values, we also must have in consideration the ema50 and the ema200, that by coincidence are just near both the values I just mention.



So…. We have a pretty interesting chart here…

Who’s going win ? the short term target or the long and mid term patterns ?

Going a bit further… if SUNW really gets to the target, we would have another upside breakout, giving a bullish pattern for the mid term…. But… but…. Let’s focus on the short term…

Best regards,[/img]

[New-born baby]

SUNW

Spike,

What do you think?

[Websman]

Re: SUNW

Spike,

What do you think?

Huh...

Quite detailed...By the way...I hate to sound geographically illiterate, but ...where is Maldives???

[New-born baby]

MALDIVES

Websman,

Maldives--formed from two Latin words, MAL=bad, +DIVES=money; "bad money."

Now you know why I asked Spike what he thought.

Hey, we don't want to throw good money after "bad money."