Important price gap on emerging markets just about sealed.
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.
Please note the three price gaps, highlighted on the SlopeCharts below, of these three mega cap NASDAQ securities.(more…)
I am delighted with this market. Just thrilled. Here are a couple of major ETFs that I think beautifully illustrate the kinds of price gaps which are making this market so tantalizing.(more…)
My standout of the day is an item I shorted only yesterday, Foot Locker (symbol FL). It’s getting hit hard, but I see that in the past big gaps down were followed by persistent weakness, so I’m not going to take the money and run. I’m sticking with it.(more…)
Now that Netflix’s earnings are well behind us, it is relatively safe to take a look at it as a potential short. To my eyes, the most significant technical feature is the price gap which I have highlighted in two ways below. A trader short this stock would, I think, be wise to have a stop-loss set just above that level.(more…)
As a companion post to the prior one about trading Apple options, I wanted to point out what I consider the most significant “feature” of the chart, which is the price gap highlighted below. This is the crucial test next week.