$Uber Technologies(UBER.US)$ — The ride-sharing platform's shares gained 2.5% after Bloomberg reported that the company is weighing a potential spinoff of its freight logistics unit.
$Silvergate Capital(SI.US)$ — Shares slid 36% after the company announced it will wind down operations and liquidate Silvergate Bank. The news comes about a week after the bank warned it may not be able to continue operating and follows a series of financial challenges an...

$Fossil Group(FOSL.US)$ this will move back up

$Fossil Group(FOSL.US)$ Fossil designs and distributes consumer fashion accessories. The company works with Armani, Diesel, DKNY, Kate Spade, and many others.
Fossil intends to successfully unlock the potential of direct-to-consumer online selling. In my view, if the company invests a significant amount of dollars in marketing investments, revenue could increase substantially.
In my opinion, if the company continues to successfully create demand by showcasing great products and communicating, revenue would most likely trend north.
I believe that Fossil has sufficient liquidity to run marketing campaigns, and design new products. With that, if the company decides to sell equity to finance more campaigns, I believe that it would be possible.

Stock Scalpers
The Ascending Triangle 

What is an Ascending Triangle formation?
Like many of the patterns we have explored, the ascending triangle is often regarded as a continuation pattern. The formation shows a period of consolidation before a breakout. 
This pattern is created when the following occur:
1) Price action allows for a horizontal trend line to be drawn attaching at LEAST two highs.
2) A trend line can be drawn along at LEAST two lows
Traders watch for breakouts along the upside of the ascending triangle because the breakout generally occurs in the direction of the trend. 
What is an Ascending Triangle actually telling us?
The buyers are still in control. The price continues to return to the previous high. More important is the continuation of the higher lows. This shows seller enthusiasm waning and buyers regaining the upper hand.

Trading with the Ascending Triangle
- Most traders use an upside breakout of an ascending triangle as a signal to go long and a downside breakout as the signal to short.
- A stop-loss can be set just under the trend line after a breakout if going long and just above the bottom trendline if short.
- Target price can be established by adding(or subtracting if short) the max height of the triangle to the breakout.
- The angle of the triangle is critical. The steeper the angle the more abrupt the breakout can occur.

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