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.
Wow, this is funny. Even though there are literally tens of thousands of posts here on Slope, I stumbled upon this one from New Year’s Eve last year called Zooming into 2021 in which I nervously and in an embarrassed fashion offered up “this insane price target” for Zoom (ZM). Here was the chart at the time, and my ridiculous projection was at about $140:
I wanted to toot my own horn a bit – – God knows none of my subscribers are going to do it for me – – and reflect upon my recent Oh-my-God-accurateTesla predictions to illustrate good old charting in action.
Let’s start off with this premium post that I did on November 5th. Pure and simple, I called a top. I didn’t hem and haw like some Elliott Wave goon. I didn’t say maybe it’ll go up, maybe it’ll go down, time will tell. I said it’s topped out. Not only that, I did so in the midst of the stock raging to levels never seen before. In retrospect, I called the top within literally a few trading hours from its absolutely top tick.
Just to show how bold – – some may say reckless – – this call was, I present to you the chart at the time. I challenge you to find anyone else on this planet on 7 billion people who made such a call. Just me. Just here on Slope. I called the top when everyone else was embracing the “base case” of TSLA going to $1800.