The Long Investor

$AMZN TOP 20 - LONG TERM PROJECTION -

We will need to wait until we get confirmation that $AMZN has topped out to know where to expect the pullback for Subwave 2 of Wave 3 but as a long term hold $AMZN remains the top pick for me.

$BABA TOP 20

The market saw $BABA's earnings report and saw it for what it's worth, an expansion blueprint, something Jeff Bezos would be proud of.

We also got to see what a lot of institutional investors...

$NIO TOP 20

$NIO continues to hold within the $5.20-$5.34 range for the last day and I added yesterday

Not because I am ruling out $NIO not coming down to the 50 Day MA at the 0.5 Fib at $4.80 or even lo...

$AMD TOP 20 - WATCHLIST -

$AMD is showing its teeth now

We can see a higher high and higher low now and back above the blue support line, which we want to see converted to support next in the form of a retest and hold...

$FUTU - WATCHLIST -

$FUTU has been excellent, gave us a retest of the blue line and held and bounced, so now we have seen a breakout of the yellow wedge, with a retest....followed by a break above the previous high at...

SILVER - TECHNICAL ANALYSIS THEORY -

Another example of the technical analysis theory I spoke about yesterday.

We find the First and Second Targets by taking the width of the triangle the price action can potentially breakout of...

$SPY TOP 20 - 10 YEAR PROJECTION -

This is a chart we have been using for a long time now to show the long term projection of the $SPY.

My Wave 1 (5) levels have not changed but the steep ascending triangle leading to the end ...

$IBM

Presenting a very nice opportunity here.

Another stock that has also tested its 200 Day MA and has now held, which is just beside its 0.38 Fib too which is a standard level to pull back for W...

$KWEB - WATCHLIST -

$BIDU and $JD both report tomorrow before the market opens and in spite of $BABA posting a mixed report, the market has seen it for what it is and it is recovering nicely today.

If $BIDU and ...

$OXY - RC -

$OXY holding on the 200 Day MA and the red line which keeps this in an impulse wave.

Holding here also protects $OXY from getting back into the descending yellow wedge.

Capital was move...

$RIVN - RC -

$RIVN is still being kept down by the blue line which was a previous support line at $11.67 but bulls will like that it has so far found support above the 50 Day MA as it pulled back.

Convert...

$AMZN TOP 20

$AMZN is pulling back stronger than the rest of the Mega Caps and the market today, after hitting a double top at the blue line but hitting the 1.27 Fib at $191.

A retest of the 50 Day MA fro...

$AMC

What a pump and dump

From $2.50 to $11.80 and now back to $5.12. $GME is also down -30% today too.

A lot of people bought at the tops and on the way up and they had no idea what they we...

$CURE - WATCHLIST -

Remember folks, I don't have the ability to buy this ETF but I do like it and I think the chart is incredible and prime to take advantage of.

The pull back in April came exactly down to the 2...

$TLT - SAFE HAVEN -

As the US 10 YR retests the 200 Day MA from above, $TLT is testing its own 200 Day MA from below.....this is how inversely correlated both of these positions are, which is a good thing, so we can t...

$BABA TOP 20

$BABA is recovering well after the flush down at the opening yesterday.

We can see clearly that the flush went exactly to the red line again, for the second test and bounced, which is where I...

US 10 YR

After the CPI print today, the US 10 YR has come right down to the 200 Day MA now, which should be a good sign for $TLT and $TMF which is why they are green right now.

But it should also be a...

$AMD TOP 20

CPI came in as expected, so many investors may be looking at beaten down stocks over the last few months to take advantage of the market taking some risk off with CPI not coming in Hot.

$AMD ...

$NIO TOP 20

$NIO has hit the $6 level again at the open and has just stopped short of going higher, it is very early in the day but the set up looks good for moving higher over the next few sessions, if there ...

$HIMS - WATCHLIST -

$HIMS has just raised its head above its 50 Day MA at $13.92 at the opening, this will be an important level to flip to support, a successful flip here to support and this should continue moving hi...

LESSON - TECHNICAL ANALYSIS THEORY - $DAL

I had to share this chart of $DAL because the confluence level is pure beauty.

The theory states that: in a bullish move, when the price action breaks out of a wedge, it will climb the total ...

Important Note - My Investing Philosophy

$SOFI

$SOFI tested its descending triangle breakout level today at $7.64, which also meant going above the 50 Day MA but it has so far stayed under the trend line.

We can see that this area between...

$ETH -

That's it $ETH, move into that sweet spot!
The $2800 on the 0.5 Fib is looking like the confluence level of the price action and 200 Day MA, also in a tightening descending bullish formation. 2024-05-14 17:21:44 +0000 UTC View Post

$BB

$BB is getting involved in the meme action but this is the exact same chart I uploaded in this group 1 month ago,

Wave 5 completed and we got a reversal to the upside, once it broke above the...

$SHOP TOP 20 - WATCHLIST -

I have gone through $SHOPS earnings report and fundamentals thoroughly and I am happy that we have made the right decision by adding this to our Top 20 and believe this pull back is presenting a ve...

IAG - LSE -

IAG is a company I know very well, as I work for them.

I see firsthand how busy their flights are and their intentions to continue growing.

All the airlines in the airline group are fig...

$NIO TOP 20

It is hard to not like $NIO here.

Price has now flipped the blue line to support convincingly now, which we know was a previous support line in Feb and March.

Price action also used the...

$COPX - SAFE HAVEN -

That is as clear as you'll get in terms of a breakout.

It has now made a 13 year high and looking very bullish

Those who have not added already may consider adding on a retest of the br...

$BMBL - WATCHLIST -

$BMBL and $HIMS really have my attention right now because of how well their margins are improving.

$BMBL I believe should not be this low, their revenue and FCF did not dip that much but the...