The jaw-dropping assortment of stocks at lifetime lows is represented below. In normal economic times, NONE of these companies would have ever come public in the first place. Just ridiculous…………there were tons of them, but I figured a dozen was enough, As always, click on any chart for a screen-filling version.(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.
Eighty-Four (Part 4 of 4)
Using Retracement Levels (by XerxesTraderGF)
My approach to trading is verystraightforward. I mostly focus on Trendlines, Exponential Moving Averages, Candlestick patterns, and Fibonacci Retracement Levels. There are a lot of other technical trading tools out there, but I find that some are overly complex for my mind and/or designed more for the extreme analytical minded-traders, so I stay away from those and just use what works for me. I wanted to write specifically about Fibonacci levels as they can be a useful tool in identifying some interesting spots to watch in your trades.(more…)