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.
Here are two solid trade setups that I otherwise would not have found had one of the traders in the chat-room not shown them to me. The first one International Business Machines (IBM) provides a great head and shoulders setup, while the second one, 3M (MMM) provides a great setup to go long on – a breakout, if you will.
SHORT: International Business Machines (IBM)
LONG: 3M (MMM)
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With all the horror stories about Groupon floating around, one really does wonder what shareholders must be thinking. Below are daily bars for the past seven trading days.
This is a very low-priced stock, thus kind of dicey, but I like the way it's clawed its way back to an important failure point. There's lots of empty air beneath current price levels.