The Long Investor

$ASTS

$ASTS bounced yesterday on launch information and eluding to the fact there will be a dilution coming, price jumped in spite of this......which we know to be exit liquidity which is always Wave B.<...

$CELH

BofA lowered their PT today to $26, so lets see where they plucked this level from

I have added a blue horizontal line at $26 and to their defence, the blue line was a support line between mi...

$CLSK - RC -

$CLSK continues to make lower lows and could not hold its 0.618 Fib at $10.50

The next Fib as we know is at the 0.78 Fib at $6.62, which is also the low from the start of 2024.

Wave C's...

$TMDX - RC -

A beautiful chart here for $TMDX and no changes to our last upload but worth showing its movement here to learn from

Wave 2 held on the 0.618 Fib at at $43

Wave 3 then bounced to the 1....

$OXY

Two very important points to make here:

1. If you have an issue holding a stock like $OXY for a number of weeks, you are not a long term investor, you are a trader or you do not know the diff...

$DAL

$DAL is back up to $42 now after sinking down with the market at the start of August to $37, which brought the pull back in between the 0.618 - 0.78 Fib levels, which is weaker than standard.

$NIO TOP 20

$NIO reported a strong and honestly a surprisingly good report, I was not expecting margins and growth at those levels

Especially when we consider what happen exactly 12 months ago when they ...

LESSON - FINDING SUPPORT CONFIRMATION

Understanding Support Levels:

• Definition: Support levels are price levels where buying interest is strong enough to prevent the price from falli...

  2024-09-05 11:05:51 +0000 UTC View Post

SILVER - SAFE HAVEN -

We have a double 0.618 Fib hold of support so far here

The first one came on the 5th of August and held above $26 and the 200 Day MA which we believe was Wave C completing and this week we ha...

$DLTR

Pretty horrific scenes here for $DLTR as it followed $DG with a double miss and concerns on guidance and the market is hammering it now

A number of analysts have added fuel to the fire here t...

$ABNB TOP 20 - WATCHLIST -

$ABNB is now at the sweet pot, it pulled back and held on the 0.618 Fib at the start of August and bounced, pulling back now again to the 0.618 green Fib at $114, now all we need to see is a contin...

$SMCI

Things continue to go from bad to worse for $SMCI here as Barclays downgraded $SMCI today and said that risks do exist still

Death cross has also initiated here today too

Price continue...

$X

Biden and Harris confirmed today that they will block the buy of $X from Nippon Steel

By doing this, they have identified the importance of US Steel to the US, while at the same time, Japan h...

$NVDA

$NVDA continues to sell off into any bounces and there is a battle going on at the 0.618 Fib right now at $106, however has not been lost for now

A hold under the $106 level and we can assume...

$CRM

Our $CRM trajectory is on track

The bounce since Wave A completed has not been an impulse wave and looks distinctively corrective which is what we want to see from a Wave B.

Price has t...

Aston Martin

Continues its show of strength above the 0.887 Fib and under the 0.78 Fib and consolidating now since March

The price looks destined to test the wedge breakout level with the 200 Day MA towar...

$PG - SAFE HAVEN -

$PG is in Safe Haven heaven, we saw a strong flight to security yesterday and I highlighted this in the TLI chat group, that a large amount of the Safe Havens we follow were all green whereas the m...

$HIMS

$HIMS is holding so far above its 200 Day MA, its 0.5 Fib and the yellow trend line

RSI has been moving across on the 30 Oversold line, appearing to wait for a catalyst

We would like th...

$ETH

$ETH and $BTC has been disappointing on a number of fronts over the last few months but there is still time for the Bulls to step back in

$ETH managed to hold support on its larger 0.618 Fib...

$BABA TOP 20

Another bullish wedge has been formed here, the third one this year and a lot smaller than the previous 2.

$BABA continues to show relative strength against its US Tech counterparts and I am...

$ONON

I could not paint a better picture if I had Van Gogh's hand!

The 0.618 Fib is exactly at the First Target level at $40 and the 50 Day MA is here too

Price flushed down to $42 at the op...

$NKE TOP 20

$NKE moving very well and controlled pulling back and is just at its 0.38 Fib so far, I can only see one wave in this pull back since rejecting at the amber 0.78 Fib at $85, and as always, in an im...

$DELL

Just holding above the 200 Day MA after testing it at the open with a slight drop beneath this MA too

Ideally we want to see $DELL pull back a little further, $AMD perfectly tested its 0.618 ...

$AMZN TOP 20

$AMZN, $GOOG and $MSFT are all at their 200 Day MA and to me it is more important for these companies to hold their 200 Day MA than to see $NVDA pull back to its wedge support line

Losing the...

$NIO TOP 20

An entire financial group holds its breath as we witness a test of the 50 Day MA!

Testing perfectly at the 50 Day MA now, so we know the plan, the bulls need to flip this to support and comf...

$PLTR TOP 20

Nice drop down at the open to $29.31 which is at the blue line which we are watching closely.

Ideally we want to see a further drop below this level and the 50 Day MA is at the 0.38 Fib now a...

$TGT - WATCHLIST -

All going to plan here too

I do get very excited when our patience pays off

One thing we see over and over again is that the market loves giving you a second chance and under no circums...

$SOFI

$SOFI has pulled back exactly to its wedge trend line at $7.57 which is exactly where the 200 Day MA is waiting too

Making this a strong confluence level

If the bulls can hold now, this...

$SHOP TOP 20

The 200 Day MA has been cracked, it is showing weakness and the price is currently just under this level now

However it is still too early to say that this level is lost but this is what we n...

$AMD TOP 20

No surprises here, we have been patiently waiting for this pull back and let the price action do all of the work for us.

Once we got a clear rejection at the 200 Day MA it was time to wait. 2024-09-03 18:35:50 +0000 UTC View Post