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.
The low-growth, highly valued Apple may well have seen its lifetime high for many years to come. Even on a day when the /NQ is up triple digits, AAPL’s performance is feeble, sporting a shooting star pattern beneath a rather well-formed reversal top.
You already know the answer: it’s all up to the Fibonacci retracement levels. I’d say Tesla will stabilize a little under $200. What a train wreck!
It will very soon be clear if this is yet another Netflix fake out or, for the first time, if it actually respects its topping pattern and channel mid-line.
Until today, I wouldn’t have gone anywhere near anything related to quantum computing, because there was just too much heat around it. This morning, however, I was captivated by IonQ’s chart. I didn’t want to buy puts, because the volatility is sky-high, so I just made a good ol’ simple short-sale with a stop at 26.65.
