Spike's Scientific Stock Analysis

[Thomrich]

greetings

Tweezer at 50.81,getting ready.

cordially Tom

[spikefader]

HANS: I see upper channel at 52.44, and also ascending triangle breakout today. Careful dude. Good luck.

[spikefader]

OSIP short still looks solid to me. Better to short the weak ones during general market bullishness.

[noshadyldy]

Nwre

Happy Halloween everyone!

Spike, buddy, ol pal, ya jus gotta take a look at NWRE. It's running today as it touched off it's mid channel support based on regression lines beginning Sept.

When I was in sunny, gorgeous Punta Cana last week, I meet up with an insider of the company. He went on to express how this company is debt free, has 50 million free cash, is buying out their competition, and the product sounds really good, (an alternative to company's having full function PC's all over the place).
Even without the sand in my ears and the multiple margarita's (hey, did you know they're not just for breakfast anymore???) I think I still would have been impressed. They are small (<$300 million) with gobs of room to grow!
Whether it's entry is now or later, I think this is one to keep on the radars.
"ola"
M

[Thomrich]

Greetings Spike,

Your chart speaks caution for sure,my logic was based on lightest volume yet above 50,which has been a great place to sell so far.My short did not fill as its dropped.Maybe a return will give me another opp.

Or would a break below todays open be logical.

cordially Tom

[spikefader]

Thanks Noshady! Looks good.

[spikefader]

Yeah Thomrich I really wouldn't be shorting this one.

[spikefader]

Closed YM for +181 points. Will reopen long at an appropriate time.

[tokyojoeskid]

Sndk

Closed out my postion on the jan 06 calls at 11.10. Thats a 229% gain in 1 month!!! I wish all my trades were this easy.

Tjk

[Thomrich]

greetings Spike,

OSIP short interest up75% in october,good sign?

My only fear is earnings coming out after hrs.Any whispers on chart as to outcome?
Shorts must think they will be bad.About 3.6 days to cover.

cordially Tom

BTW HANS has a 8+day to cover short interest,could be a squeeze a coming.

[scifos]

Closed YM for +181 points. Will reopen long at an appropriate time.

spike, does the pattern day trader rules apply to day trading futures?

[spikefader]

NWRE sets up right now long. With 2.5 hours til a closing daily channel turn up, it's tempting to take this ascending triangle pre-breakout. Looks like it's wanting up.

[spikefader]

[spikefader]

spike, does the pattern day trader rules apply to day trading futures?

Nope, they don't.

[spikefader]

Closed out my postion on the jan 06 calls at 11.10. Thats a 229% gain in 1 month!!! I wish all my trades were this easy.

Tjk

Awesome dude! Nicely selling into strength intraday near R2 too. Very good. Might still go another 2-5 points but you got a great profit there and are wise to take it up around these levels.