Trade the Cycles

Wednesday, October 10, 2007

Spicy Pickle® Fast Casual Restaurants (SPKL.OB) Explodes!

Spicy Pickle® fast casual restaurants (SPKL.OB, http://finance.yahoo.com/q?s=spkl.ob) exploded on high volume today, see http://stockcharts.com/charts/gallery.html?spkl, taking out (in rollover mode) the cycle high at 1.24 that was a potential monthly cycle high.

I'm waiting for SPKL.OB to hit a monthly cycle high then do an Elliott Wave ABC down up down monthly downcycle (for roughly a week) before trading it. This is not a trade or an investment recommendation, but, is an example of timing a stock trade. ....... http://www.JoeFRocks.com/ .

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