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.

ANR Trade Setup

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ANR will trigger a long entry on a break above the downtrend line on the daily chart below.  When trading breakouts of price patterns, waiting for confirmation of a closing print on the time frame of the chart that you are trading will help minimize getting sucked into buying (or shorting) a false breakout (or breakdown).  e.g.- If trading off a pattern on a weekly chart, (more…)

Bullish on OPEN

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Unlike Priceline, which I’ve tried to use many times and find bewilderingly useless, OpenTable is a web-based service I’ve used many times successfully. It’s useful, and its chart has based nicely on a solid pick-up in volume. I personally wouldn’t be running around buying Internet stocks right now, but I at least wanted to point out that this, like Pandora, is looking bullishly-configured. (more…)