The Long Investor

$AMZN TOP 20

Continues to still behave stronger than $AAPL and $GOOG but we saw signs of breaking down this week, which is why we sold 20% of our position in $AMZN at the start of the week

Price broke dow...

$AAPL TOP 20

In a very obvious corrective wave here and we confirmed it within minutes of the market opening on Monday and it continued to sink all week.

On Friday the price managed to hold just at the 0....

$FTMUSD - RC -

Straightforward impulse wave here and shortly approaching its 1.618 Fib level for Wave 3....we have seen some euphoria lately where the price continues higher beyond the 1.618 Fib but this is dange...

$TMDX - RC -

Last time this chart was uploaded was on the 14th of Sept and in spite of the wild swings here....there is not a single change to this chart and it is moving as expected to our Wave 5 target.

$FUTU - RC -

Nice wedge forming here and particularly strict on the lower base of the trend and found support 4 times and each time making a higher low, which bodes well for a test of the top trend line of the ...

$MDB - RC -

Another chart that has gone extremely well for us over the last 12 months and moved as projected.

I see the price action in an ABC correction now and just finished the week on the 200 Day MA,...

$GTLB - RC -

This behaved like a chartists dream.

Descending wedge breakout, bounced to the First target and then pulled back and consolidated for 6 months until the end of 2024 and then broke to the upsi...

$BITF - RC -

I am particularly interested in the Wave 3 target hitting the 1.618 Fib level exactly which tells me that we are in Wave 4 now and one more leg up is next still to $5.65, to the 2.618 Fib, in norma...

$VSCO - RC -

This is a chart I have been watching in the background and it had shown impressive moves since October and managed to get above its red channel in Feb, but a retest of the channel from above was a ...

$LABU - RC -

It has been a long time since we last uploaded a $LABU chart and it has recovered very well since $48 in November and now at $153.

Price has broken out of its descending wedge and above the 2...

$XRP

Still no break out here for the $XRP and the SEC filing may be slowing this down, which is not due to be finalised until the end of this month.

There is a significant lag now between $XRP and...

SILVER - SAFE HAVEN -

Testing the wedge line now at $24.30 after we highlighted this again 3 days ago that it was moving up to the trend line, it has not broken through this level yet but this is what we are waiting for...

$NVDA

Hard rejection today as the price hit $974, the $1000 mark was expected by almost everyone and their neighbours dog and it looked like it was going to hit but the smart money said, 'we are not goin...

$SQ

Retest of the channel top line at $74.30 and bounced to end the day up 4.5%.

Nice structure now and this was highlighted in our last upload.

A higher high will be needed next above $83....

$CLSK

Has given us the perfect bounce on the 0.5 Fib at $14.96 and jumped 13.5% today.

Still early to say that Wave 4 is now complete but it is off to the best possible start.

I know many peo...

$X - RC -

$X still has more room to run to complete Wave 3 at $60 and at our First Target at $56.

This has run from $4.5 in March 2020 to $47 right now, so a 1000% increase, so the market certainly fee...

$MCD - SAFE HAVEN -

$MCD upward channel has not changed in 8 years now, any dip has been an opportunity to add and it will continue to move in this projection for another 4 years or so.

Wave 3 is at $335 right h...

$LRCX

This is a chart we have been following for over a year now and it is a hallmark chart for a long term investor.

It moves slow and steady and strictly within our projection, so it is a dream t...

$MGM - WATCHLIST -

$MGM continues to follow our projection and the price action is staying above the 200 Day MA, after bouncing on the 0.618 Fib in November.

$MGM needs to break above the $50 level, which was i...

$IWM - WATCHLIST -

Rotation seems in full effect right now and we have got a breakout from the ascending triangle and so far holding above the $205 level.

A finish to the week above this level will be encouragi...

$COST TOP 20

We have warned about this for the last few weeks....there is no was you can look at this chart and think this is a good time to enter, remember, not all companies will move like $NVDA and $SMCI, th...

US 10 YEAR

Nice rejection just below the 0.5 Fib, which was also the high in October 2023 and has not lost the 50 and 200 Day MA.

What we want to see is a lower low next below 3.78% and this will be pos...

$ETH

$ETH has been showing an enormous amount of strength and I am putting this down to how far it had lagged behind $BTC and it is simply playing catch up here as they are so closely linked.

When...

$DAL

We have waited since the 16th of Jan to make a higher high here and break out of this ascending triangle at $42.70 and we finally got it yesterday.

The price has retested this level into the ...

$NIO TOP 20

Yesterday showed the first sign of a trend change, after the pull back from Weds, there was a hold on the 50 MA on the 1hr chart and the price finished the day just testing the 200 MA at $5.77

$BLDE - WATCHLIST -

I am seeing this brand pop up a lot in the North East of the US right now, especially in JFK and Newark airport, they are a commercial helicopter ride service from the airport to manhattan.  2024-03-07 23:41:33 +0000 UTC View Post

$CP - HIGH PRIORITY - SAFE HAVEN -

Up another 2.66% today.....and for a slow mover, this has moved very positively since breaking out of its channel.

My post yesterday discusses why I am so bullish here, regardless of the clea...

$YINN

I see you Cup and Handle formation.

Bull handle here since the 27th of Feb and it is quite tight, so a breakout at $18 and this could turn very bullish, very quickly.

I am overall bulli...

$LULU

Interestingly a higher low has formed here now between the 0.236 Fib and the 0.38 Fib which is sufficient for Wave 4 to be complete now but the price action is still struggling with the 200 MA on t...

$SQ

Still no changes to the $SQ chart but getting plenty of questions about it.

We can see now that $SQ has retested the channel at $74 and has held above the level and even bounced, staying abov...