Spike's Scientific Stock Analysis

[DSteckler]

<< As they say ...windows need to be closed at some point. >>

Urban legend....<VBG>

[noshadyldy]

Rfmd

Spike, Please have a look at RFMD on a 2 or 3 year chart. Looks like a DOOZY of a rev H&S. Whaddya think, buddy?

[spikefader]

Spike, Please have a look at RFMD on a 2 or 3 year chart. Looks like a DOOZY of a rev H&S. Whaddya think, buddy?

Hey noshady

Yup, weekly inverted SHS, and the drop return to the neckline after it broke out matched the daily gap support recently. I'd be attaching bullish bias to it. Can't see a good r/r entry yet, and I'll be more bullish on it with a weekly close over $8.60, which that SHS target should deliver.....but it'll be one to watch on the bullish side for a good while I think.
Good spottin'

[DSteckler]

I like how RFMD is holding above its 200-week MA for three weeks (counting today).

[Runner]

Here is a crazy chart on RFMD using Elder Ray. Check out Bull power above zero line.

http://www.investopedia.com/articles/trading/03/022603.asp

I just wrote the code and not even sure if it's right, nor have I even used it.

http://img114.imageshack.us/my.php?image=rfmd2ro.png

[spikefader]

....Back on my pounce list LEA,watchout.
cordially Tom

It was just a matter of time. Pity it tagged ya dude.

[TFred]

It was just a matter of time. Pity it tagged ya dude.

Greetings,

Yeah I seem to have set my stop at the best place to short.With this one Im sure there will be more entries.

What happened to the link to your blog Spike,is your site down?Thanks for all your advice,the write-up on hoping losers will turn green was a gem,made me rethink why I kept looking at ZICA.I suppose there's a good reason a stock is hitting 52 week lows,why fight it?

cordially Tom

[spikefader]

Yep, I agree with LEA if it busts the last chance 14.97 support. Under that and it's in some sticky stuff.

Thanks for the link question, no the site's up. I was messing with my sig and got distracted, so there it is again.

Glad the rants are helpin' ya Tom Thanks for the positive feedback

Check out XIDE shortside too dude. Look for strength to trigger a conservative entry, I think may present a nice ratio.

[New-born baby]

Mikey likes it.

Here is a crazy chart on RFMD using Elder Ray. Check out Bull power above zero line.

http://www.investopedia.com/articles/trading/03/022603.asp

I just wrote the code and not even sure if it's right, nor have I even used it.

http://img114.imageshack.us/my.php?image=rfmd2ro.png

Very interesting stuff Runner. I like it.

[noshadyldy]

Thanks Spike! You're still the one!

[B.J]

Hey Spike! How are things?

How you like today's follow through? Volume seems to me a little weak...

[spikefader]

hey spikey...i will give u another stock with some upside potential....RIGL..look at the big gap between 9 and 22...quite abit of upside. As they say ...windows need to be closed at some point.

Hey ninner. Dude, how did I miss this post? I'm goin' nuts. But thanks dude.

Unfortunately, at first glance I put immediate bearish bias on RIGL. There is a gap theory I really like. It's where one targets the distance of the gap projected down from the high of the gap down day. It may take many months to meet it, with the very rare exceptions where it simply doesn't work. But on the high majority of gaps, the projection target fills, so I take it into consideration (works on longs too).

And in cases like RIGL, where the gap is so large like that one, where the gap is larger than the value of the issue after the gap down, I will look for 50% of the value of the stock on the gap down day. So in this case, I'm looking for 4.15 for it before it'll be ready for considering long.

That target sits well with bands too. But hey, I can't rule out that the gap closes first. It wouldn't be the first time it happened. I just don't like long bias yet.

Thanks again dude, and good luck with it if you decide to go with it.

[spikefader]

Very interesting stuff Runner. I like it.

Yup, when you figure it out post some setups!

[TFred]

Greetings Spike,

One that always flashes across the Bloomberg screen in the red is SYMC,I'd post a chart,but ''stockcharts'' wont load,it looks like its at last gasp support on a 2 year chart.

cordially Tom

[spikefader]

Hey Spike! How are things?

How you like today's follow through? Volume seems to me a little weak...

Fully fledged bull at this stage B.J.