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.
Here are three stocks with continued technical momentum in the days and weeks after strong earnings releases.
Clovis Oncology, Inc. (CLVS) jumped 75 cents to $7.76 on 8.1 million shares Thursday. The move continued the stock’s run-up following the biotech company’s better-than-expected earnings release two weeks ago. The stock closed right above lateral resistance, and next target is the rising channel top near $9-9.25.
Besides yesterday’s embarrassing CyberTruck launch, described in the last post, there was another bit of news in Elon’s world. Specifically, SpaceX. And, with roughly the same success as the truck launch, we have this:
And here we are, as our Fibonacci Friend suggested. So the question now is whether Bitcoin actually finds stability at this key level, or if begins an entirely new journey lower. If it does, that target would be $3170.