Facebook (FB) head and shoulders pattern read to confirm.
At $46.75, I ‘m looking for a move down into the $42’s. (more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Swing-Trading Watch-List: DOW FFIV GT MGM CAB
I always like to emphasize the short setups for Fridays, as I tend to focus more on the long setups throughout the week (unless we are in a bearish market of course).
The price action seems eerily similar to what we saw on 8/1 and 8/2 and if that is the case, and the price action continues a long that path, we could see a new dose of selling, which would make the shorts below ideal for starting positions in. (more…)
