I was looking at the topping setup here before the open, among other things. Full premarket video below including a very nice reversal setup on GC. Full Premarket Video from theartofchart.net – Updates on ES, NQ, RTY, DAX, ESTX50, SPX, NDX, RUT, CL, NG, GC, SI, HG, ZB, KC, SB, CC, ZW, ZC, ZS, DX, EURUSD, USDJPY, USDCAD & AUDUSD:(more…)
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.
Momentum stocks in marijuana, blockchain and video streaming top our list of charts to watch today.
Canopy Growth Corporation (CGC) jumped $1.08 to $47.88 on 5.8 million shares Tuesday. The marijuana stock has been coiling very nicely, consolidating its big gains from January, and looks poised to break out again. A break through the early February high near $52 could move it next to the October highs above $56.
iQIYI, Inc. (IQ) gained 80 cents to $27.46 on 10.3 million shares Tuesday. The move popped the Chinese video streaming stock out of a wedge it’s been since it gapped up two weeks ago on strong Q4 results. A break through the recent high at $29.18 could move the stock to the September high near $31 next, followed by the August high near $32.
Obsession, it seems, is a core property of my being. My latest is this particular song, and I find this version especially enchanting. Plus I wanted to see if Push notifications are working, so that’s my ulterior motive.
The good performance of Micron (MU) as one of my shorts got me to thinking……(more…)