The online furniture seller seems to have reached exhaustion.

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.
OK, mission accomplished! Having gone up almost without a single downtick since New Year’s Day, Tesla has roared to its double Fibonacci pair and closed its price gap. Simply stated, that should be the end of the run. If not, the road is cleared for this sucker to simply march up to the next major resistance around $328.

The only red on the screen this morning, bless it, was crude oil. I have been following this pattern for months. We’ve got a massive right triangle top in formation composed of two portions. We need to crack below the yellow zone to really get this thing rolling.

If there’s one stock i don’t mind seeing go crazy-high, it’s Tesla. The only reason is because one of my beloved children works there, and if TSLA does well, it will establish a firm financial foundation for years to come. Having said that, I think a 60% pop in a matter of weeks is pretty goofy, particularly since this morning’s explosive move is predicated on the fact that GM and Ford cars will be permitted to roll up to a Tesla supercharger, pop in an adapter, and juice their car up. Whoop-de-ding-dang-do.
