One of the great ironies of Slope is that, in spite of it being formed as a charting/technical analysis discussion area, it has attracted a lot of folks who regard technical analysis as little better than astrology and palm-reading. All the same, in spite of near certain cat-calls and hoots from the crowd, I’d like to offer up a target low for 2015. I would add that this projection embraces my “scare the children” possibility laid out in this recent post.
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.
With China’s market going stark-raving mad, it’s interesting that king-of-kings Alibaba is struggling. After losing one-third of its value from its November peak, BABA has managed to recoup some of those losses. Recently, however, it’s sunk again, and the bulls’ main hope right now is that the horizontal I’ve drawn below provides support.
I kid, I kid!