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.
It looks like the precious metals miners have a good shot at success. Look at what has happened to the triple-bearish fund DUST. It had been shaping up to be a potential bullish breakout, but a few days ago, it cut below its ascending trendline. On top of that, it’s got a bearish engulfing pattern today. In other words, the bearishness of this pattern suggests good times ahead for miners.
Here are three stocks with continued technical momentum in the days and weeks after strong earnings releases.
Clovis Oncology, Inc. (CLVS) jumped 75 cents to $7.76 on 8.1 million shares Thursday. The move continued the stock’s run-up following the biotech company’s better-than-expected earnings release two weeks ago. The stock closed right above lateral resistance, and next target is the rising channel top near $9-9.25.
(more…)In a feeble attempt to actually seem fair and balanced, I wanted to offer up a sincere long idea: Centerpoint Energy (CNP) which appears to have fully retraced to a long-term supporting trendline.
Now that there’s going to be no trade deal (like I’ve been saying for years now……..) this post is a little more “iffy”, but I’ll throw it out there anyway. Specifically, gold’s breakdown from its triangle pattern (although, to be clear, it is strengthening now that this latest failure is news).
When I was writing a recent article for a financial magazine, I stumbled across a stock I hadn’t heard about before: Fiverr (symbol FVRR). Should it ever manage to cross above its blue horizontal at 24.74, I’d say it’s a clean bullish breakout.
I don’t get my jollies out of bullish charts, but, hey, when in Rome……..
Below are ten of my favorite long-term bullish ideas. As always, click on any one for a huge version, and use the arrows on the chart to thumb through the entire gallery. I have an exciting new product announcement, so be sure to tune in Sunday here on Slope.
These three health and technology stocks are on the move and pointing higher.
Advanced Micro Devices, Inc. (AMD), one of our swing trade picks from two weeks ago when it was at $33.60, jumped 81 cents to $37.52 on 67 million shares Wednesday. On Tuesday, the chip maker announced Tencent will use its latest server processors. The stock has been in a steep rising channel since its recent low below $28 in early October. Next target is the rising channel top near $40.
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