The Long Investor

$NIO TOP 20

Lost the red support line at the opening quite violently and has struggled to find much momentum today too.

$NIO has also gone within $0.03c of reaching the bottom limit of our Buy Zone at $5...

$BABA TOP 20

Interesting pop today mid day after Baird added their PT for $BABA at $90 which indicates a price move back up to our blue line which has been an important resistance/support line.

$BABA lost...

$VFC - RC -

No changes to the chart here.

We still have Wave C completing at the end of 2023 and have provisionally added in the impulse count because there was a breakout of the long downward channel an...

$XLK - RC - WATCHLIST -

$XLK this is as straightforward as any chart is going to get.

This is the equivalent of the $QQQ we chart regularly.

We can see that the bottom yellow trend line of the channel aligns p...

$CVS - RC -

Sharp pull back here since hitting the Second Target, we can see that the 200 Day MA is perfectly aligned with the 0.618 Fib level at $71.50 so this is where I expect a test will happen next and a ...

$STRL - RC -

$STRL has run from $6 to $90 since 2020, so I suspect this is as close to the top as it is going to get before a substantial pull back is needed.

I have added in the White Fib levels to watch...

$PYPL TOP 20

$PYPL is seeing a further positive continuation in the PM now and we can see that the PM price action is just at the 200 Day MA on the daily chart.

This is a very important level, we can see ...

$ETHUSD

$ETH is now approaching its 0.618 Fib and the yellow support line, which was the top of the bull channel it broke out of on the 10th of Jan.

This is an important confluence level now and it i...

$HPQ

It has been a long time since I last uploaded this but we can see that the price has just been consolidating above the 0.618 Fib and holding its structure well.

What the bulls want to see is ...

$ADYEY - RC -

Perfect bounce on our Wave C level and has bounced very aggressively and very similar to $SQ.

Rejected twice now trying to get above the 200 Day MA so it may be time to pull back to complete ...

$PYPL TOP 20

Very positive reaction to the CEO's announcement yesterday, setting forward his plans to reinvent $PYPL going forward, his exact words were: 'We are going to shock the world!'....these sort of stat...

$DLTR - SAFE HAVEN -

Nice pull back now and we have been waiting for this and do not want to see this run before the market starts to pull back.

We can see that the price action has lost the 200 Day MA now so thi...

$MED - RC -

$MED has broken down from this long wedge and this is moving fast to its Covid low line at $49.50.

This is not a stock I would be rushing into buying when it is like this, especially after br...

$AAPL TOP 20

We spoke at the weekend that $AAPL is the most obvious buy this week after finding support on the 200 Day MA and in between the 0.5 and 0.618 Fibs, we can not ask much more of a chart than this and...

$GOOG top 20

A solid performance form $GOOG again today after finding a higher support on the yellow trend line at $141 which we mentioned on the previous chart.

I believe this continues moving up to $152...

$NIO TOP 20

$NIO is getting some relief right now and we can see quite clearly that it has happened exactly on the red trend line, after the flush at the open yesterday, the trend line was recaptured quite fas...

$BABA TOP 20

Dividend payment day for $BABA today and even though the HSI was green, $BABA is still struggling to get positive, we still have a lot more of the day to go but it is struggling underneath our yell...

$PSX - RC -

Phillips has been performing very well since its Covid Low and has been able to escape the market pull back of 2021 - 2023.

I believe this is moving in its final Wave 5 count and should conti...

$SOLUSD

Very little to update here, still slowing a drift down and it is difficult to make out a clear ABC correction down so far so I believe the formation is still building.

I think this still need...

$U - RC -

$U remains of interest to me and we can see that it is pulling back nicely here and approaching the 0.618 Fib at $30, a hold here and the pull back could be complete and we start seeing a move up t...

$WULF - RC -

$WULF has been pulling back more than the other crypto companies and is working its way down through the Fib levels now, the positive is that the movement down is so far in 3 waves down which means...

$DNA - RC -

$DNA has been struggling to find support and when it lost the 200 Day MA at the end of last year, it was on a slippery slope to regain support.

Yesterday it came all the way back down to the ...

$UPWK - RC -

Second retest of the 50 Day MA now and still drifting higher with a higher high and a higher low,

$16 remains the level to test and flip to support, then this is into the bull case and a move...

$LULU

Now that we have Wave 3 confirmed at the 1.618 Fib, we can add in the 0.38 Fib which is the level we always expect and set for a Wave 4 pull back.

A pull back to $428 and holding here would s...

Hang Seng Index

So this is what has been causing the issues for the Chinese ADRS, we can see that the pull back since that this chart is remarkably similar to that of $BABA and has been in a strict downward channe...

$HOOD - RC -

On a lot of the charts today I am seeing normal controlled pull backs and rarely seeing any breakdowns in structure....with the obvious exception of NIO, even $BABA is showing a pull back but still...

$XPEV - RC -

$NIO is in good company at the moment, the relentless selling pressure is clearly visible on the $XPEV chart too and since losing the 200 Day MA, it has been sinking through the Fib support levels ...

$OPEN - RC -

At a very important level now for $OPEN, for the last 9 months $OPEN has been moving very well and bullish, holding at strong Fib levels and moving in structured counts.

The market pull back ...

$TSLA TOP 20

$TSLA continues to drift down to the 0.78 Fib which is in line with our expectations of completing its right shoulder of this Inverse H&S pattern.

Going lower than this level, particularl...

$SPY TOP 20

$SPY behaving very similar to the $QQQ chart now, pulling back as it approached the blue line, which is the all time high level at $479.

I do not think anyone is surprised by looking at this ...