The Long Investor

$F TOP 20

$F in one week has made a deal with UAW with a substantial pay increase for its workers, it had its earnings yesterday which was a double miss, it has lost its trend line support that has been a su...

$ONON

$ONON continues to hold quite well between the amber 0.5 Fib and the amber 0.618 Fib which is a typical Wave C ending point.

And again it is another stock that is in a position to move higher...

$BAC

I think we are getting to a our very important point for Banking stocks now shortly.

$BAC keeps getting rejected by the moving averages and lately it has been the 50 Day MA which has been cau...

$LUV

Has come within a few cents of its Covid Low from May 2020 today. An astonishing position to be in for a company like $LUV

A company that had a TTM revenue of $4.3 Billion at the start of 202...

$AMD TOP 20

$AMD is up over 2.5% today, likely brought up by $INTC's strong earnings performance and we can see on the chart that it has so far found support on the 0.5 Fib at $93.62.

The concern here is...

$BYDDY - RC -

$BYDDY in spite of performing very strong production wise over the last few years, the share price has declined along with $TSLA and is still down from its highs that were reached in May 2022.

$INTC TOP 20

$INTC was on the ropes yesterday, went all the way back to its 200 Day MA and on its last chance, $AMZN and $SPY were also very similar, in difficult positions.

Strong earnings report beat wi...

$AMZN TOP 20

$AMZN really delivered for us last night with a stellar earnings beat. EPS increased by 60% and what I was most impressed about was their increase in net profit margins to 7.8%.

In March befo...

$NIO TOP 20

A well needed green PM across the board right now.

Something the market has not been familiar with for the last 10 Days.

$AMZN and $INTC being the main drivers behind this green PM I be...

$OXY

Buffet bought more $OXY shares this week, $246 million worth, adding to his already large pile.

Berkshire now owns 25.8% of $OXY right now and he is hedging himself against a weak market and ...

$FSR

$FSR right down now testing its June low at $4.80 after dropping out down out of its ascending triangle. 

A failure to hold this level and the price will come down to its All Time Low li...

$NVDA

$NVDA is also at a critical point here now too, it is just at the lows of the shoulders now and losing this level and it will likely come down to the gap area which starts at $366.

The 200 Da...

$QQQ TOP 20

$QQQ has dropped out of the bear flag now and moving close to the 200 Day MA, we are seeing a lot of this on many charts right now as we await $AMZN's report.

I think it is a little too close...

$LI

$LI has also been immaculate, Wave 4 pulled back stronger than expected but the structure never lost any shape and the 200 Day MA has been acting as a potential support level if needed.

$XPEV...

$XPEV

What I do like about $XPEV is how well it respects EW Theory and how disciplined it behaves on the Fib levels.

The chart has been completely accurate and very neat.

Ideally we wanted $N...

$IONQ - RC -

$IONQ has done as expected and in a controlled manner too, with very little surprises.

It is at a very important confluence level right now, at the 200 Day MA and the 0.618 Fib.

This is...

$CLSK - RC -

$CLSK has been showing some nice impulse moves since finding support between the amber 0.618 Fib and the 0.78 Fib and has bounced from $3.40 to $5.10.

I can see 5 waves up and a pull back now...

$DIS TOP 20

Timing has not been great for $DIS, they needed to find some bulls and with the market the way it is now, they were not going to find them.

Price is now back into the wedge again and likely w...

$SE TOP 20

Ok this has played out how we expected and we got our retest on the 0.618 Fib and so far it has held support and bounced.

The bounce has brought this up to the 200 Day MA on the 1hr chart to ...

$AMZN TOP 20

I can not emphasise the importance of $AMZN delivering a strong beat after the close today.

The market really is on a knife edge and it needs another big $MSFT performance to help this.

$NIO TOP 20

$NIO has not done much since Wednesday the 8th and has been keeping tight within this range under the 50 Day MA and the top of the buy zone and we can also see it is in a bullish descending wedge h...

$LLY - RC -

$LLY got a strong bounce on the 50 Day MA at the start of October and it decided to go big and go for the 4.618 Fib at $625 and it did manage to go that high and go all the way to $629 but as we ha...

$ENPH - RC -

Reports after the close tomorrow and is in desperate need of a catalyst to turn this around.

If we look back at their earnings reports, it is showing that they have beaten on every report for...

$GPS

A rare completed impulse wave at the moment, $GPS has made it to our Wave 5 target and it is not clear whether or not this is now complete, it could still go higher before moving down for its ABC c...

$DAL

I have still not bought any airlines stocks since this aggressive decline but I would be lying if I said I have not been thinking a lot about getting in.

$DAL is behaving like all the major c...

$F TOP 20

Some late in the evening breaking news, it appears that UAW and $F have a tentative labour deal in place and could be presented to the workers asap. This is as a 6 week aggressive strike that could...

$MELI - RC -

$MELI is showing signs here of beIng in its Corrective ABC wave. Our potential Wave 5 made a new high so the impulse wave is valid, even if it was a little short.

We can see now that the pric...

$VIX

How the $VIX is only at 20 now after all the volatility in the market over the last few weeks is somewhat of a surprise.

We do not want to see the $VIX go higher and we can see here that it h...

$RBLX - RC -

$RBLX is showing a double bottom here on the 0.887 Fib at $25 and has bounced quite well and has managed to get back into the wedge too and has been using the wedge line as support since breaking b...

$ARKK

$ARKK has moved all the way down our Wave 5 target now and it continues to show weakness with very little signs of support being found. I think it is reasonable to suggest that that the blue line a...