Greetings, all. I first want to mention that we made a substantial number of improvements to our network setup last night, which seems to have really helped performance. If you see anything untoward, drop me a line, but I think most of you have probably already noticed how much better things are working.
As for the market, well, after a nice bit of selling this morning, we’ve got this to contend with:
Below is Fiverr (FVRR) which has lost over 90% of its value after I noted its failed pattern (the lower of those long horizontal lines).
Just think of all the sectors that were created over the past decade that were supposed to be revolutionary. 3-D Printing. Gene Editing. More recently, flying cars. And, in FVRR’s case, “the gig economy.” Do you remember how many zillions of articles and interviews were pushed out related to the gig economy? And yet here we are. Hey, at least we can count on AI to safe us all now.
Below are nine charts which have received little or no attention on Slope (some being entirely new here). They all have intriguing bearish setups, and I’m in position on nearly all of them.
