Slope of Hope
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Share, Learn, and Discuss Technical Analysis of Financial Markets
Slope of Hope
15h ago
FEEDI feel like it’s nothing but short ideas today, but I’m not sure what else to do in a market this insanely valued. Anyway, here’s another: Netflix. It’s approaching its dome top as well as its channel midline ..read more
Slope of Hope
15h ago
FEEDWe’re approaching the underbelly of a medium-term broken trendline on MSFT, which to my mind means powerful resistance at $413 ..read more
Slope of Hope
15h ago
FEEDThe worldwide equity fund EFA is nailing an absolutely perfect trendline tag today. It’s all about that blue trendline, which extends for decades. I just bought September $80 puts on this bad boy ..read more
Slope of Hope
18h ago
FEEDRemember Spirit Airlines? If you’ve ever flown with them, as I have, you’d remember, because they suck. In any case, it’s good to see a tiny corner of the stock market which actually values a business properly (unlike, oh, say, the buyback king Apple). This company deserves its lifetime lows. Next stop: bankruptcy ..read more
Slope of Hope
18h ago
FEEDWe’re only about 3% away from closing up the gap on Super Micro (SMCI) after which time I think it’s in Super Duper trouble ..read more
Slope of Hope
20h ago
FEEDThis isn’t a heavily-traded stock, but its pattern is unusual enough to merit a post. Notice the intersection of those resistance lines. I’d say this is a powerful resistance zone for TBLA ..read more