Spike's Scientific Stock Analysis

[Thomrich]

Greetings,

Thanks Spike,

Your absolutely right about bull and bubble till it isnt.

One thing Im beginning to learn is ZICA below 2.30 is a buy.Could have made a years worth of profits trading this one correctly.It will be interesting to see if volume follows through.

Off topic,how do you load images of that size to Imageshack?It allows me only 1024 KB.

BTW to all interested,and since NBB "Cans" thread is buried,HTE is searching for support,this thing has been strong since its IPO,Im watching carefully for a dip to the mid 20s.

cordially Tom

[Thomrich]

Greetings,

Thanks Spike,

Your absolutely right about bull and bubble till it isnt.

One thing Im beginning to learn is ZICA below 2.30 is a buy.Could have made a years worth of profits trading this one correctly.It will be interesting to see if volume follows through.

Off topic,how do you load images of that size to Imageshack?It allows me only 1024 KB.

BTW to all interested,and since NBB "Cans" thread is buried,HTE is searching for support,this thing has been strong since its IPO,Im watching carefully for a dip to the mid 20s.

cordially Tom

Actually after looking at ZICAs 1year chart it looks lousy,poor money flow,and relatively weak volume today.It looks like its pumped up and then sold off,possibly to the expense of the retail investor.The relative high and lows are coming together,with the highs coming down faster.Cant be good IMO.That said it will probably Boom to 5.

This is the last time I will ask your input on ZICA Spike,as its been untradable with my skills.

cordially Tom

BTW I will try and post a chart on my thoughts on EENC,alot of channels seem to be converging at this price,and a possible raise of distribution mid month.Stars aligning?

[New-born baby]

Let's not go overboard

Nice words, men, but let's not get too excited I am not a first-class chartist. I have some weaknesses that need to be addressed before that label can righteously be put on my work. Both Spike and Runner are first class; I am much further down the line.

Much of what I have learned has been here on MrMarketishuge.com. That is not a lie. I have profitted from the exchange of ideas here, and I frankly love this forum. I want to see all of you do well. I like to tease you all (my wife says I should be more careful lest I offend), and often get a good laugh out of your posts. God bless you all.

[New-born baby]

Eenc

Tom,
As I have read, EENC announced a few weeks ago (when it plunged from $25 down to $20) that its revenue FELL 42% this last quarter. That while oil was at an all-time high. (First class management!). Because of that news, I would doubt that EENC has the ability to raise the distribution. I could be wrong, but I thought I'd share what I know.

[spikefader]

Thom,
Thanks for the headsup on HTE. I'll look at it.

ZICA; weekly channel turn down and poor money flow. Daily channel short today after the bullishness. It needs to do some work I think. There is the potential of the double bottom, of course. I will just continue to stalk it.

EENC; Goes back to the weekly upper channel tag to signal profit-taking. I think I posted that anyway. That was followed by channel shorts on the weekly 3-5 weeks ago, and the SHS on the daily to provide a bearish pattern to worry about. It may look for the lower weekly channel now at 17.80 and rising. Minor channel long today though (from 10.41 low in April 04) and apparently in a 5th impulse down from the top. There is an ugly bear flag there though. Might pay to see if it can muscle an inverted SHS on that weekly, which is going to take a couple months. Stalk mode!

[New-born baby]

Look at these

Tom,
If you want something that is going to move, look at STLD and CX. STLD is a company that makes steel out of scrap (NO will have plenty of it); CX is a cement maker. Both have a lot of upside room to move.

[mystiky]

Opinion on HOM, DXPE and NGS...?

Hi Spike,

Hope you had a nice holiday!

When you have a chance, can you please give us update on NGS? Also, how do the charts of HOM and DXPE look to you?

I am thinking that HOM goes back down to the 3.30's and DXPE around 18.
Are they buys around there?

Merci.

[noshadyldy]

Tom,
If you want something that is going to move, look at STLD and CX. STLD is a company that makes steel out of scrap (NO will have plenty of it); CX is a cement maker. Both have a lot of upside room to move.

X is also good. very low valuation.

[mooddude]

Well it's looking fairly vulnerable to me.
Some chart thoughts: Pretty messy I know, but I think it'll be testing 28.00 in the next month or two.

Spike, you must be a millionaire with the charting skills you have Especially if you play on margin.

[spikefader]

Hi Spike,

Hope you had a nice holiday!

When you have a chance, can you please give us update on NGS? Also, how do the charts of HOM and DXPE look to you?

I am thinking that HOM goes back down to the 3.30's and DXPE around 18.
Are they buys around there?

Merci.

Mystiky: Thanks! I did

Good read on HOM and DXPE. Yep, I see those prices as the ambush areas

HOM:

I'd say HOM has finished the small 3 of 5 now. Next setup is to buy the 4 correction and look for the 5th. Where is that going to be? Looking at the intraday/overnight SHS formation, the neckline break today targets 3.52, and S1 is 3.48, and on the daily, a measured move would put the 4 completion area in the 3.50 zone. That's where you want to look to ambush it. A sharp drop to 3.50, buy it. A meandering slow decline to that area, look for a pattern to confirm the long entry. And remember, how much profit-taking comes is an unknown factor. Counts aren't guarantees, so keep a stop sensible.

NGS:
That's another one acting really bullish and booming. Today it's a fresh boom. Money flow is great. Minor channel targets 24.00ish today. There was a channel turn up as of close yesterday, which green lights the close or pivot prices (21.80 or 21.41). But having said that, careful, and watch the intraday. Currently there's a double top there at 22.50. I want to see a break of that pattern before entering long at those previously stated prices now. If the double top stays there, then look for a daily channel long down near 20.00 for ambush.

DXPE: weekly chart shows a bull flag on high volume, and the daily has the potential for the runaway gap up today. The counts are a little tricky. I'd suggest waiting for an 18.10 gap support long or a 16.72 gap fill long.

Good luck.

[spikefader]

X is also good. very low valuation.

Hiya noshadyldy! I was wondering if you were still lurkin' out there Good to see ya.

[spikefader]

LUB: Great setup for tomorrow. Thanks to Runner for the heads up! Long the closing price 13.48 or intra pivot tomorrow at 13.35 to target 5th completion 17.00ish. Risk 4% to target 25%.

[Peter Hansen]

LUB: Great setup for tomorrow. Thanks to Runner for the heads up! Long the closing price 13.48 or intra pivot tomorrow at 13.35 to target 5th completion 17.00ish. Risk 4% to target 25%.

LUB seems to be undervalued and has a value of 21 and change per share....also the earnings growth rate is 30% ........may be worth looking into?

[spikefader]

Off topic,how do you load images of that size to Imageshack?It allows me only 1024 KB.

OK, well my charts usually average about 200 KB and never go over 300, so you need to get the size down.

I used to use Snagit, but these days for speed I just take screen shots using the Prt Scr button on the keyboard, then use irfanview (www.irfanview.com) to paste those screen shots into. I crop the junk out and then save the shot as a .jpg file. I then upload it to imageshack and use the "hotlink for forums (1)" to put into the posts here.

[spikefader]

Hey all you imageshack users! Check this out: http://reg.imageshack.us/content.php?page=quickload
I've tried it today and it works great. Easy to use and saves some time.