The Long Investor

$SPY TOP 20

Remember the brief remains the same here, we have been preparing for this and we knew that a retest of the 50 Day MA was a possibility, it has been lost again today, last week this happened too but...

SILVER

Silver is green today after the market is showing a lot of weakness as we lead into one of the most important earning report days.

So far we are seeing support above the 0.5 Fib at $27 and bu...

$JBLU

Up +22% now post earnings and there is no changes to the chart.

How good is the 0.618 Fib at confirming a pull back support level?....it is fantastic!

Once $JBLU can get above the gree...

$NIO TOP 20

$NIO still in this strict channel and above its June low but the trend is down to this level again on the 0.78 Fib at $4.13.

It goes without saying that we don't want a lower low to come in ...

$PLTR TOP 20

$PLTR is moving with the market and it is uncertain but moving exactly as we have planned.

Rejecting at the 20 Day MA and I still expect another test of the 0.38 Fib and/or the 0.5 Fib where ...

$TSLA TOP 20

$TSLA bulls are still holding onto the important support level throughout this week, big test will be after the earning reports are out later and on Thursday.

But remember, $TSLA has not been...

$HIMS

Continues to hold well and make higher highs and higher lows, while staying above its 50 Day MA too and 0.38 Fib at $21.44

The market seems optimistic leading into their earnings release next...

$PG - EARNINGS JUST RELEASED - WATCHLIST

$PG is down -5.5% now post earnings after SLIGHTLY missing on revenue

I am absolutely not believing this decline at all

The price has now dropped exactly to the 200 Day MA which is also...

$DAL

I have been monitoring $DAL very closely in the background and continue to be impressed with how it has been holding on the 200 Day MA at $42.

I have assessed the chart and my one concern is...

$NVDA

Back at its 0.236 Fib level again at $108 after testing this level last week and bouncing, making a lower low here will confirm the downtrend.

The $QQQ will struggle to test its 50 Day MA if ...

$AMZN TOP 20

Is looking like it can make another attempt at its 50 Day MA now, for a second attempt from below.

Price is currently at $187.10, below the blue line now at $188.

A rejection here again...

$IONQ - RC -

$IONQ has broken out of this descending wedge and managed to hold support on the 0.78 Fib at $7.

Price has bounced well and pulling back now as we lead into earnings next week on the 7th of A...

$AI

$AI is still in this triangle since the middle of 2023 but keeping strict within the formation of it.

Price constantly rotates around the 50 and 200 Day MA, interlooping both too.

$AI d...

$PFE - EARNINGS JUST RELEASED

$PFE, along with $PYPL and $SOFI have all released this morning and they have all beaten on both lines of their reports, happy to see as they are three popular stocks in our group.

Ok what is...

$SOFI

$SOFI has just released their report and it is a double beat and I am not seeing much concerns with it. Particularly impressed with how fast they are growing their members over the last 2 years too...

$PYPL TOP 20

Before we start to run away with ourselves and believe this is the reversal for $PYPL, lets look at what the chart is saying:

• Price action jumped to $71 straight after the last earnin...

  2024-07-30 11:59:06 +0000 UTC View Post

$CL - SAFE HAVEN -

$CL was one of the first Safe Havens we uploaded in March to this group (attached) price was at the breakout level at $86, First Target is at $100 and the price has hit that today.

A very str...

$BTC TOP 20

Still early to confirm but $BTC has struggled today at the $69k level, a resistance we are very familiar with talking about.

We spoke on Friday about being in Wave 5 and may need a smaller p...

$TGT

Things went a little messy from $TGT last week but it was certainly not alone, impulse wave has been updated but there has been no breakdown with the structure as the 200 Day MA has come to the res...

$SMCI

$SMCI is at the very interesting spot right now.

Semis have sold off over the last 2 weeks and are relatively flat today but we can see here on the $SMCI chart that there was a large flush do...

$IWM

$IWM is back to test the triangle breakout level at $221 as both the $SPY and $QQQ is showing some mid day weakness now....as we lead into important earnings tomorrow.

My expectation remains ...

$OXY - Recommended reading Book.

Testing its descending wedge breakout level now at $59, which is in between the 0.618 Fib and 0.78 Fib.

$OXY announced today that they are selling $970million worth of assets in order to redu...

$SQ - REPORTS EARNINGS ON THURS - 1st AUG

$SQ has moved to in between the 0.5 Fib and 0.618 Fib as it leads into earnings week, they report on Thursday with some Mega Caps too, which is looking like an important day for this earnings seaso...

$TSLA TOP 20 - LONG TERM PROJECTION -

This is the weekly chart so it is slightly different to what we covered yesterday but the impulse long term projection has not changed.

We can see the importance of the price level at $231 ri...

$BABA TOP 20

$BABA starts the week off strong after it decided to increase the merchants fees:

Alibaba will start charging a 0.6% service fee on confirmed transactions for vendors on the Tmall and Tao...