From yesterday, after the close, about which I said “They Don’t Come Any Cleaner”

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.
Well, after a wretched day like Tuesday, it’s nice to still look at an example of technical analysis not just working, but working beautifully.
Way back in June 2014, Ocwen Financial broke a trendline dated back to 2008. I did a post suggesting either shorting it or buying puts. Here was the chart at the time of the breakdown:

About ten weeks ago, I put together a post called My Dream W.A.G. (for those unacquainted with this acronym, it is a sophisticated technical analyst’s term that means Wild-Ass Guess). The core of the post was this speculative chart as to where things would go from mid-December as we moved into the new year of 2016:

Another Slope success story with the wonderful world of charting – – back on October 29th, I did this post suggesting a short of LivePerson. Let’s see how it turned out (with the arrow marking the post).
