Spike's Scientific Stock Analysis

[spikefader]

Spike...

What's your take on LOJN???

Sorry Webs, I just noticed that I missed this. I can't find a chart for it, so I must have meant to get back to you.
LOJN, looks bullish to me - but 10.00 channel play long mid-Sept. Target channel 13.50 is what I see.

[spikefader]

SPF: One of MM's longs still to reach target!
It had a Channel long day today, and after quite a big down day. I recommend a buy, and would base entry on either pivot or S1 tomorrow.

[spikefader]

WIRE on the watch list.

http://img.photobucket.com/albums/v145/spikefader/Trading/wireOct5.jpg

[spikefader]

DGII - triple top breakout on volume. Also on the watchlist for channel entry.

[stocks54]

Re: Wits

Stocks54,
I note WITS hit the pivot today at 16.75, did you take it long?

I have my trading money tied up in AUO. Did not close my position in AUO based on your chart analysis. So waiting for more gain from AUO than will get into WITS...

Regards,

[spikefader]

I have...AUO. Did not close my position in AUO based on your chart analysis. So waiting for more gain from AUO than will get into WITS...
Regards,

OK great. You should be breathing easier with AUO position with today's gap up and the island reversal there. Look for a 5 wave move up to at least the SHS target of 18.55. 12.26 is the logical stop loss location. Good luck!

[stocks54]

Auo

Thanks Spike.

[tokyojoeskid]

utsi

Kickin myself for not picking some up at 12.5, still holding onto my postion in the low 30's, can this one gap up to 25?
tjk

[spikefader]

Cubemap No. 1 - intraday update

Happy to report that despite yesterday's foreboding candle, the Cubes (QQQ) have held up well today, bouncing
from gap support at 36.16.

Thus far, the Vector has proven correct

Cubes are getting a nice wave up intraday now and approaching R1 at 36.52. NQ futures have made new highs, and I'm holding
long from yesterday's entry of 36.55.

Considering closing position at 36.75 and buying an intraday retrace.....will see how it pans out.

[spikefader]

Kickin myself for not picking some up at 12.5, still holding onto my postion in the low 30's, can this one gap up to 25?
tjk

You surely mean 'low 20's' and not 30's.
Gap to 25? Sure, why not, anything can happen at this roulette table. Wonderful company news can do such things. Is it likely? No

[Dave]

Kickin myself for not picking some up at 12.5, still holding onto my postion in the low 30's, can this one gap up to 25?
tjk

I am still holding positions bought at 32 and 28, and I picked up as much as I could afford at around 14 and 15. My average is now just over 20. Techincally this one was beat to Hell and back, as I am sure Spike will tell you, but as $$$MR. MARKET$$$ might tell you, the fundamentals will eventually take over.

The current consensus for UTSI's 2005 earnings is around $1.76, and they recently reiterated their ~2.10-2.20 guidance, with "very conservative" being a direct quote from the CFO. They do NOT want to take a chance of missing guidance. Soooo, with the Street expecting 1.76, if they even come in at the low end of their "conservative" guidance (2.10), it should move very quickly to a P/E of the 20-30 range. Personally, I am not selling this one until it creeps up on 60.

I have never researched a company as much as this one, and never felt as secure after buying the stock.

-Dave

[spikefader]

SIRI intraday R1 target.

http://img.photobucket.com/albums/v145/spikefader/Trading/siriintradayOct5.jpg

[Thomrich]

Greetings Spike,
Any opinions on ARIA at this level,I missed the first jump,would this be a good entry point?

Also your take on EVOL,I missed that opportunity also.

Kudos again on CDE,I missed your target on that,are you close?
cordially Tom

[tokyojoeskid]

utsi

Unfortunately no my initial position was with dave at 32 and at 29 long before it was one of mrmarkets pick, I unfortunately didnt pick any up around 14 15 so Im still holding onto a big loss. The companies future looks great and I as well as Dave have never researched as much about a company before. Time will tell I suppose
tjk

[spikefader]

Greetings Spike,
Any opinions on ARIA at this level,I missed the first jump,would this be a good entry point?

Also your take on EVOL,I missed that opportunity also.

Kudos again on CDE,I missed your target on that,are you close?
cordially Tom

Yes, frustrating price action since my entry, but I like ARIA at this level for entry. 6.15 is S2 and price is at 6.13 currently.
Stop loss recommended is no lower than 5.88 keeps you within the 4% risk.

EVOL, that pink channel long in the previous chart remained valid and light blue channel was busted! Target is 6.37 SHS target and price resistence. Definately one to watch for entry. It's at pivot right now at 4.68, and might be worth a chase - could be forming bullflag. Stop loss is the tricky part, and flag might fail on profit taking, so I might suggest waiting for better entry.

Thanks on CDE, yes, approaching my target, but I'm considering looking for a 5 wave move for it. Especially considering the USD failure recently.....