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.

Breaking Out After Earnings

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These four stocks have strong technical momentum aligning with upbeat earnings.

Canadian Solar Inc. (CSIQ) rose $2.48 to $23.08 on 4.3 million shares Thursday, over 6x its average volume. The solar power company delivered a huge earnings surprise in its second-quarter financial release.  A move through the spike high from early March at $25.89 could accelerate the stock towards $29. 

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Stretch Armstrong

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I lightened up soon after the open this morning, although I’m still in 43 shorts. My commitment level is 130%, down from 200%, and I offer some of the charts below as the basis for my decision: specifically, some of the best setups have become extraordinarily oversold. I doubt they will recover to their failure points, but I’d at least like to see some of these beat-downs reduced before getting aggressive again.

AAWW
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