The Long Investor

$RLX - WATCHLIST -

I had to check twice on the fundamentals here, because I could not believe my eyes.

Profit margin of: +47%
PE of: 14

EPS Q/Q: 323%

Price action is getting very tight in its wed...

$RIVN

Whenever I hear people upset about $NIO and $TSLA getting beat down, I always remember things could be a lot worse in this sector, you could be holding $RIVN, which was at $178 at its high and now ...

$NVAX - RC -

The state of this chart.

Pumped to the gills here up to $24, as parabolic as you'll see and it got GME'd (verb: to be pumped and dumped)

Down and $14 now and pull back in Wave A right ...

$TLT - SAFE HAVEN -

The entire market is red in the PM now, not just Chinese ADRs, not just the stocks you hold, every sector....apart from $NVDA of course.

And $TLT is green, along with crypto.

Early sign...

$BABA TOP 20

Confluence has now been lost, bulls did not step in and the patience waiting for the HSI to reverse was too much for some.

Not for me.

$BABA is now back into the consolidated range now ...

HSI

Finished the week testing the 50 Day MA again for the second time above the 0.5 Fib.

A second test and hold of a support is usually enough for us to confirm support confirmation but I will wa...

$KWEB

There is no world where I can look at this chart and not see a bullish set up.

• Above the wedge break out level

• Wave 2 held the 0.618 Fib

• Above the 50 and...

  2024-06-13 19:47:57 +0000 UTC View Post

$AMZN TOP 20

$AMZN testing its 50 Day MA from above now and forming a bullish flag just below the ATH level at $188.

A successful hold here on the 50 Day MA and $AMZN should have the legs to test the wedg...

$AMSC

Has now gone parabolic and is on a fast route back to its ATH line at $31.83

We first started monitoring this at $9 as a 'Chart of the Week' back in August, it was a high risk play but we sho...

$ABNB TOP 20

$ABNB had my attention yesterday but I did not pull the trigger, instead I decided to add to my $ETH position.

$ABNB has been holding above the 200 Day MA above $145 but it is back down for a...

$PYPL TOP 20

$PYPL got a set back this week and the timing wasn't great.

The price action bounced last week after the CEO said their projections for Q2 where ahead and the share price jumped to the top o...

$TLT - SAFE HAVEN -

When the US 10 YR moves down, $TLT (Bonds) move higher, I have a lesson on this in the Collections folder.

Very nice movement here from $TLT, held support between the 0.618 - 0.78 Fibs and bo...

US 10 YR

US 10 YR is struggling underneath the 200 Day MA which is a good sign for finance sector, we need to see a clear rejection underneath this moving average to give the green light to the stocks we wa...

$YINN - WATCHLIST -

$YINN is looking ready too

Also at a very strong confluence level and looks ready to move if the HSI gives the green light

Sitting on the 0.618 Fib, the 50 Day MA, above the 200 Day MA...

$SQQQ

$SQQQ is showing no threat of reversing here still and continues to be in a drifting down to the next Fib level.

Remarkable to see that this was at $67 in late 2022.

$7.24 is the 0.618 ...

$TSM

This chart has been simply stunning.

If you have been following this since last summer, you will see that $TSM has done exactly what we have asked of it and many believed it would not move li...

$SOXL

The 3 X Bullish leveraged Semi ETF is on fire and has now made higher highs and is set to continue its run up to our Wave 5 target at the previous high of $74.

Holders here need to do very li...

$SMCI

$SMCI continues to be well behaved here and following our ABC projection, in spite of the overwhelming positive attention that $NVDA and $TSM have been getting.

Wave C could be complete at th...

$AMC

Nobody has requested an $AMC or $GME chart but with such a large group now, I suspect there are some holders, so I am adding this chart out of respect, my disclaimer will remain: never touch these ...

$CURE - WATCHLIST -

$CURE has been testing the wedge breakout level this week and looks set to continue this test today.

A break and hold on the outside of this wedge at $120 is considered bullish for me.

...

$MELI

$MELI has been following our ABC correction very well and is following the same trajectory as $CELH and not $AAPL.

Big test coming up will be how it handles the retest of the 200 Day MA at $...

$ZS - WATCHLIST -

I am seeing a number of members mentioning that they have added here and they have been paying close attention to this chart.

Support was held on the 0.618 Fib for a perfect Wave 2 pull back ...

HSI

HSI tested the 0.5 Fib and 50 Day MA and found support and bounced, good start but now we need to see a continuation of this over the next few sessions, a further bounce tomorrow would set up nicel...

$HIMS

Massive day yesterday for $HIMS and showing more positive movement in the PM now too so we must conclude that pull back on the 21st of May was Wave 4, which was extremely short and fast but hit the...

$TSLA TOP 20

Elon got the remuneration package he deserves and the share price has reacted very positively.

I think he deserves this as many $TSLA share holders buy because they are buying him too, a visi...

$SOFI - WATCHLIST -

It's on Watch.

Finally broke out of this wedge that it has been in since December '23, consolidating just as long as $PYPL.

Still needs to confirm that the breakout is a support level a...

$BABA TOP 20

$BABA is at the confluence level now, where the 200 Day, 50 Day, red line and 0.618 Fib are.

Bulls need to hold this line and I suspect $BABA is waiting for the HSI to confirm support and bou...

$PAYO - WATCHLIST -

$PAYO is starting its pull back now that we have been waiting for

We can see that the strong confluence levels are circled in white here, where we have the 200 Day MA, the 50 Day MA, the 0.5 ...

$PFE

$PFE has now given us a pull back after rejecting at the 200 Day MA a number of times now.

Price has already pulled back to the 0.5 Fib too, where the 50 Day MA was waiting and found support,...

$COPX - SAFE HAVEN -

$COPX is getting its pull back now after running from $31 to $52 which is an enormous run in such a short period of time.

I have added in the white fib levels to show where support can come.<...