Spike's Scientific Stock Analysis

[Websman]

NUTR anyone???

Spike, are you still bearish on NUTR?

It still looks like a flat base to me and the Bollinger bands are getting tighter.

[spikefader]

Greetings Spike,
Compliments on your CDE call.

Any thoughts on SIRI at these levels?Looks tempting to me at this area.Although I think I will wait till after the end of the month due to end of sept drop Ive notived that occurs regularly.

Thanks for your input on EVOL too,has come down to the levels you said it would.
Curious if you think it might move from here?

Best trading to you and all,
cordially Tom

Hey Tom.
Thanks re CDE
Siri - I had prepared this chart last night but ran out of time to post!


EVOL: Here's what I saw last night:

[spikefader]

Spike, thanks for checking the chart for me.
SIE made a nice run today, but it doesn't have a good volume. I set a stop to break even. Fortunately, it didnt take me out yesterday. I'll leave the stop as is, and see if this rally will sustain.
I remember that you wanted to get in YHOO. Did you?
I dont want to buy any more stock until the market convinced me that the pull back/sell off is over.

Nice holding on SIE . I stopped out at 44.50 for a tiny 0.9% loss - just didn't give me the perfect entry I was looking for. It's green lighted to go highs above 47.70 now ... upper channel target of 54.00 is what I see Good luck.
On YHOO, no I didn't get the entry I was looking for. Too focussed on the QQQ, man 2 pennies more stop and I'd still be long! lol oh well, thems the breaks!

[spikefader]

CDIS mentioned earlier as approaching resistence - and I just noticed this short setup this morning: Short 36.00 if it gets back there, with stop over LOD and open target at this stage....

[spikefader]

NUTR anyone???

Spike, are you still bearish on NUTR?

It still looks like a flat base to me and the Bollinger bands are getting tighter.

Yes, still bearish pal. It's got a lot of work to do first before I'll be buying it.
Yes, Bollinger band squeeze, so the next move will be volatile....I think it'll be down.

[spikefader]

Spike, I want to buy at least one of these Monday: CDIS DDN UNT. DO any of them signal ' buy me now ' with their chart action? Thanks,
billyjoe

Which did you end up going with billyjoe? By the way, nice picking - all have been positive since you mentioned them. How did you select them?
By the way, if you're still long CDIS, I'd recommend put options to hedge, since it's at pretty strong channel resistence now. Maybe Nov 35 puts for $1.10 right now....

[spikefader]

SIRI:

After that gray channel touch yesterday, it's had a beautiful 5 wave move up, now formed SHS:

[Websman]

SIRI up .34!

I'm rolling in money!!!


bwahaha....err....BWHAHAHA!!!!!!

BWAAAAAAAAHAHAHAAAAAAAAAAAAAAAAAA!!!!!!

sorry....I just needed a moment to express my emotions...

carry on...

[Websman]

Spike...

I actually didn't see you're chart on NUTR until I got home today, but I bought NUTR today at $14.07....I hope you're wrong on this one. I'm setting my stops tight.

If it goes against me, the loss will be minimal. If it goes my way, the profit will be great!

Man I love this game!

[spikefader]

SIRI up .34!
I'm rolling in money!!!
bwahaha....err....BWHAHAHA!!!!!!
BWAAAAAAAAHAHAHAAAAAAAAAAAAAAAAAA!!!!!!
sorry....I just needed a moment to express my emotions...
carry on...

LOL - nice!
Here's where to target vulcan!

[Michaelk005]

Hey SPikey, What do you see now with WHT? It just broke/looming on breaking a 5 month resistance and theres good new sourounding both CDE and WHT's mergers. Also no need to chart but keep your eye on CSCO for a nice move up....

[spikefader]

Spike...

I actually didn't see you're chart on NUTR until I got home today, but I bought NUTR today at $14.07....I hope you're wrong on this one. I'm setting my stops tight.

If it goes against me, the loss will be minimal. If it goes my way, the profit will be great!

Man I love this game!

Well you did well as far as BASSAR (buy at support sell at resistence) - you bought it at intraday S1, which is much better than buying at resistence. But bear in mind that yesterday was an 'inside day', which means that the candle of yesterday had its high and low inside the range of the candle the day before yesterday. That makes it an inside day. It broke down below the inside day, which is very bearish and that combined with the other problems like the recent gap down with volume, the failure at the gap, and the channel turn down is pretty much screaming to me that long is wrong. But best of luck with it!

[spikefader]

Hey SPikey, What do you see now with WHT? It just broke/looming on breaking a 5 month resistance and theres good new sourounding both CDE and WHT's mergers. Also no need to chart but keep your eye on CSCO for a nice move up....

I'm giving a green light on WHT hitting the upper purple channel, and likely to go to highs over 3.58. As far as where one could buy it, it's too far into the move for me, so I'd pass. Aggressive traders will buy the breakout today, but as we all know, sneaky traders fade breakouts in recent times, so the smart thing to do would be to wait for a 'handle' or small retrace to form. But you might miss any further continuation waiting for it.

[spikefader]

One of IIC's momo's from today (KRO) is a good one to review for channel theory:

[yaoyao]

It was a nice bounce from that FIB support. Nice call, Spike. Hope we have another couple of days like this, then we are really in a rally.

I've put another two stocks on my watch list: UHCO and WIBC. Which do you like better chartwise?

Thanks.