MSFT at Trendline Resistance
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.
Perfect Globe Touch
Be Reasonable
My hand to God, if this gorgeous NQ top doesn’t result in a complete slump in tech stocks, we all might as well become cabbage farmers.
Mayday! Mayday!
Good morning, Slopers. We’ve made it through a lot lately, and I’ve got to say, in the 37 years I’ve been starting at charts, I cannot remember ever seeing anything weird as the new pattern – – let’s call it Powell’s Middle Finger – – that happened yesterday. I suspect bull and bear alike are approaching today with a skosh of nerves.
CVS is Sick
One would figure the nation’s biggest pharmacy would be a safe, conservative investment. Nope. CVS has lost about HALF its value in just two years. From a charting perspective, it’s been behaving beautifully, because its breakout/support (blue line) turned into resistance (see red arrow), and now we’ve taken a hard fall to very long-term support (green trendline).
