The Long Investor

$AMZN TOP 20

I think a lot of people are waiting for $AMZN to break above this $191.70 ATH level before entering, $GOOG has pushed higher today and the Mega Caps remain in a healthy position, $AMZN's fundament...

$BTC TOP 20

$BTC interesting place for $BTC to find support yesterday, right on the last green Fib level at 0.887, just slightly above the 200 Day MA.

So the bulls managed to save this in the nick of tim...

$CHWY

Last time I uploaded this was on the 11th of Jan '24 and the price was at $20, the price declined further and retested the $16 level again for a number of month and finally took off after their pos...

$CELH

We were skeptical of the $CELH bounce a few days ago and we can see that the price action rejected so far trying to get back above the 0.38 Fib at $62.

In spite of BNP giving a PT of $87 yest...

$TLT - SAFE HAVEN -

$TLT continues to look very strong here.

• Held support in its pull back between the 0.618 Fib and 0.78 Fib in April (higher low)

• Back above the blue support line at $91<...

  2024-06-25 11:26:38 +0000 UTC View Post

$ONON - WATCHLIST -

Ok it's time to put $ONON on your watchlist, as the pull back is moving right into the potential support level, where we can see that the 0.38 Fib and the 50 Day MA align at the exact level at $37....

$PAYO - WATCHLIST -

Getting a standard pull back here to the confluence level between the 0.38 Fib and the 0.5 Fib, where the 200 Day MA cuts through these levels.

The lowest level this pull back should come dow...

US OIL

This is why we believe Buffett has been adding $OXY aggressively lately as he anticipates an increase in the price of OIL for the next 12 months.

Price has bounce from $71 to $81 since the 4t...

HSI

Ended a 3 day red streak today by finishing in the green and at one stage up +1%.

Price action is still staying between the 0.38 Fib and the 0.5 Fib in this confluence range, with the 50 ...

$AFRM - WATCHLIST -

Up +13.7% now as of writing this after Goldman gave an increased PT of $42 today.

Price is now back above the 200 Day MA at $34, the MA sits at $32.81 at the 0.5 Fib, flipping this level to s...

$SOFI

+3.5% Jump today as the bulls and bears fight it out on the red line, which was a support line from Nov '23.

We can see that the apex of the tightening wedge aligns perfecting with the expect...

$CCL - DUE TO REPORT TOMORROW MORING -

Earnings report is due before the market opens tomorrow and the volume is up today.

Price is above the 50 and 200 Day MA and into a tightening wedge here as this leads into earnings, I suspec...

$NVDA

Another difficult day for $NVDA, back to $120 today, erasing all gains made over the last 20 days and back below its stock split price now.

Price was unable to hold the first test on the 20 D...

$HIMS - Alternative Impulse Wave

My brain has been rattled with this $HIMS chart, I have highlighted an area on this chart with a white circle, this is the area that has given me concern, which is Wave 4 on our previous chart, the...

$NIO TOP 20

$NIO is moving well with a lot of Chinese ADRs today and up +3% right now.

HSI finished the day exactly flat too which is ok with me since it continues to hold support, market seems happy abo...

$DAL

$DAL is moving very well here and is about to test its 50 Day MA after holding support very well above the 0.38 Fib for Wave 4.

We can see that there was a large flush down on the 14th of Jun...

$URBN - WATCHLIST -

Also bringing this back to your attention here because we have a stock where the fundamentals and techinicals align here and are both showing undervalued with a lot of upside here.

The fundam...

$MSTR - RC -

$MSTR is not immune from this crypto decline either and has lost its 50 Day MA in the PM now.

This is also setting up nicely as an ABC count with the price action in Wave C now too, like $BTC...

$IBM - WATCHLIST -

$IBM is getting that support for Wave 4 on the 0.38 Fib at $167 and is very close in the PM now to making a higher high.

Support was found on the confluence level between the 200 Day MA and t...

$ETSY - RC -

$ETSY has not been able to hold above its blue support line and has been drifting down under the 50 and 200 Day MA since losing the blue line at the end of April.

Wedge has formed now too and...

$BTI - POSSIBLE SAFE HAVEN -

Bringing this back to your attention because of the simple fact it has a dividend of 9.25% and there are early signs of a reversal here.

Yes it is a tobacco company and it sells cancer for a ...

$ASTS

The confluence level at the First target at $12.20 did its job and the moment the price action hit this level, the selling pressure started to build up and since then, the price has dropped -20%. 2024-06-24 11:49:09 +0000 UTC View Post

$ETH

Crypto is showing a lot of weakness to start the week, led by $BTC and all crypto related positions are feeling this impact.

$ETH has lost its 200 Day MA just above the 0.5 Fib but has since...

SILVER

Silver is still holding above the 50 Day MA now and the 0.5 Fib above $29 but having some trouble breaking out of this bull flag and converting the $30 level to support.

We will see how the p...

$QQQ TOP 20

$QQQ is sitting between two Fib levels now, unlike the $SPY chart which rejected at the $550 level this week.

$AAPL and $NVDA had notable pull backs this week but this is not represented very...

$SPY TOP 20

$SPY rejected at the 1.27 Fib to end the week, likely brought on by the pull back from $NVDA after an enormous run post earnings and stock split and $AAPL pulling back too.

Mega Caps are gene...

$TSLA TOP 20

$TSLA has given a nice consolidation above the 0.5 Fib and the 50 Day MA, which we love to see because it is a strong confluence level and has now started to drift higher but has not made a higher ...

$SHOP TOP 20

$SHOP found some support on the 0.38 Fib at $63 which is a typical level for a subwave A to complete and bounce for subwave B before moving lower to complete subwave C.

We can see that into t...

$SE TOP 20

Just perfect.

$PYPL TOP 20

The 0.5 Fib was recaptured to end the week but we know here that we need to see more strength from $PYPL after losing the important 200 Day MA at $61.

Right now, all we have is a retest of th...