Tesla has had a great 2023, having ascended well into the triple-digits percentage-wise, but it has stalled in recent months. At the moment, the price action is crammed between a powerful trio of Fibonacci retracement levels (resistance) and a trendline that has been in place all year (support).
(more…)Slope of Hope Blog Posts
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PREMIUM: The Left Bank
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Earnings Tomorrow A.M.
American Tower
Allow me to present to you American Tower Corporation (symbol AMT), a real estate company with a P/E over 80. As you can see, the top is both very large and quite well-formed.
Ameren Short
Just to augment my earlier post about utility shorts, this is a beautiful diamond reversal pattern. Sadly, the stock and options are rather thinly-traded!