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The Long Investor

The Long Investor

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The Long Investor posts

$ADAUSD

Back at the $0.62c level and holding above the 50 and 200 Day MA now, this is in a good position to start moving higher now.

I am also interested in adding $ETH now too so I will decide on wh...

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$SE TOP 20

Another bounce at the $34 support level and has performed very well today.

We spoke yesterday of the need to get above the 200 Day MA on the 1hr chart and it has done that today too, a retest...

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$BIDU - RC -

$BIDU with the double hold at the 0.618 Fib, first time at Wave 2 and now at the smaller pull back.

Also above the 50 Day MA now.

Some negative news towards Chinese tech companies today...

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$SQ

$SQ has broken above its yellow channel line in an incredible show of strength, so this is what I am looking at now.

It is still a provisional count because Wave 1 is still moving higher but ...

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$CVX

Almost an identical set up here to $OXY.

Was showing some weakness in November but has recovered well over the last week or so.

Wave 4 managed to hold on the 0.38 Fib which is the stand...

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$PYPL TOP 20

Not a lot of movement yesterday but still managed to finish the day green and holding the 50 Day MA on the 1hr chart very well here.

It it looked ripe for a breakout to the upside here once i...

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$CURE - RC - WATCHLIST - SAFE HAVEN -

$CURE is a Healthcare ETF which was brought to my attention by one of our members that is very familiar with this sector and has extensive knowledge here and looking at its chart, I can see the att...

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$NIO TOP 20

Nice recovery yesterday after the sharp decline on Weds.

I like how the price held the 50 Day MA and the First Target and bounced with strength, bulls bought the dip from the weak and fragile...

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$ETHUSD

$ETH continues to lag behind $BTC and some other cryptos lately but I believe this is an opportunity, I do not see how $ETH does not start moving in the same way shortly.

We are in Wave 3 her...

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$NKE TOP 20

BREAKING:

'Nike trimmed its fiscal-year revenue guidance on views for a negative topline performance in the current quarter.

Shares drop 11%, to $108.97, in after-hours tra...

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$ADAUSD

$ADA with the ascending triangle breakout today after I alerted this potential breakout this morning.

Looking good here for a bounce to the third targets at $0.68c next at least.

I was ...

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$COIN

I don't think anyone is in doubt of where this is going next.

The 1.618 Fib at $181 is acting like a magnet here and the trend is still remarkably bullish here.

I suspect that at the 1....

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$UPWK - WATCHLIST -

Tapped on the green line during the week and pulled back with the market yesterday but managed to find support on the 200 Day MA.

$UPWK has now managed to make a higher high and higher low th...

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$F TOP 20

$F is back at the table.

Very strong bounce here from $9.60 to $12.36 over the last 7 weeks and showing a lot of strength here too to come back that strong after the weakness losing the yello...

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$VIX

After yesterdays weakness, the $VIX retested the blue line resistance and the yellow channel line resistance level from below and rejected at both levels.

So far it is not showing any reversa...

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$SE TOP 20

Nice 8% bounce today after once again finding support just above the red line at the 1 Fib at $34's.

This is the 5th time it has bounced on this level.

News broke two days ago:

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$AMD TOP 20

$AMD has also lost its 50 Day MA on the 1hr chart yesterday and is unlike $PYPL and $BABA in that we believe it is due its Wave 2 pull back too.

I have added in the white Fibs level that we e...

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$BTC TOP 20

$BTC is up nearly 10% after bouncing on the 0.236 Fib and looks like it wants to push for a higher high next above $44700. 

Breaking above this level and Subwave 4 is in and this will co...

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$ABNB TOP 20

$ABNB has pulled back more than most yesterday which we are happy to see because we have already determined that this has completed its Wave 5 and this is pulling back for its ABC correction unlike...

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$ADAUSD

$ADA has formed an ascending triangle here since its drop down to $0.55c.

A break above $0.62c and this could run up to our Third Target next at $0.68.c

This is a bullish formation as a...

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$BABA TOP 20

There is a bit of a theme here today?

Our stocks have been pulling back to the 50 Day MA on the 1hr chart and finding support.

$BABA dropped 2.7% yesterday and now up 2% in the PM, almo...

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$PYPL TOP 20

$PYPL started the day very well yesterday and was approaching the previous high at $64.13 but then the market had another idea and there was rapid selling across all sectors.

Where did $PYPL ...

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$NIO TOP 20

I think our group handled the pull back very well yesterday, I did not see many people dropping their heads and giving up, or any panic selling, but I saw people adding to their positions and embra...

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$UNH - RC -

Is another Mega Cap and leader in the health sector and the chart has been forming very well.

It made an attempt to test its previous high at $557 but rejected before attempting to break out,...

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$RKT - RC -

Really good example of an ABC corrective wave moving sideways for 2023 to August, with Wave C finishing high, and as we know, when this happens, it is followed by 5 waves down.....this has formed p...

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$GOOG TOP 20

$GOOG is moving well this week after our buy alert and moving strong in the PM too, because it has broken above the yellow trend line on the chart, a new higher high at $140 today and the upward tr...

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$OIH - RC -

VanEck Oil Services ETF.

I had to go back as far as the 2008 GFC to properly determine the trend and wedge here to figure out the potential trajectory next.

The price action has stayed ...

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$MRVL - RC -

The last time I uploaded this chart was on the 10th of March and I have not looked at it since....and back then, the price was still in the descending wedge, we have the First and Second Targets on...

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$ETHUSD

Very little to add here, $ETH has pulled back but there is nothing to be concerned about, I believe it is nothing more than a healthy pull back before going higher to complete Wave 3 at $2956.

<...

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$BTI - WATCHLIST - DIVIDEND 9.3% - SAFE HAVEN -

I am not here to be the judge of any company, regardless of what they produce and Tobacco is not a sector I am attracted to....that being said, the chart does look well here and is similar to how $...

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