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.

Sky is the Limit (by Fujisan)

By -

As the major indices going through the consolidation phase, there are not that much to be updated, so I decided to go over my favorite stocks.

As AAPL recently joined BIDU in the uncharted territory, I was trying to figure out how high they could go.  As I was watcing these two stocks, they have a very similar chart pattern.

BIDU Weekly


AAPL Weekly


GOOG Weekly 

Although it's lagging, GOOG seems to have a similar chart pattern, but much weaker.  If it takes the same path, GOOG could go much higher from here.


BIDU Daily

Here is another look of BIDU.  Whenever you see a big candle supported by a big volume, it tends to repeat the equal price movements for whichever it breaks out.


SPY Daily

Consolidaiton phase.  I'm expecting chops and whip-saw.  If you are trading this market, please be careful.


Broke below the rectanglar pattern, and retraced to the breakout point on Friday.