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.
Navistar has, for the past couple of years, done a good job bouncing between its Fibonacci fan lines. I am using these as indicators of support and resistance. I bought NAV earlier today at 33.85 and have my stop set at 33.79.
Coffee Holding Company, a stock I've mentioned on this blog before, continues to base quite nicely. I am long this position – the intraday graph below shows how it's been forming a nice saucer.
And, looking at the daily view, you can see how the stock is at the lower end of its range.
If you had asked me in 2008 what AIG would be doing in early 2012, I doubt my answer would have been "moving higher almost every day". In any event, it is, and I remain happily long this stock, whose very well-formed inverted head and shoulders pattern is doing just what it's supposed to do.