The Long Investor

$AMD TOP 20

In my last update, I said that this was strictly in a downward channel and I expect this to move down to the bottom of the channel support line next, where it is looking like it will meet the 200 D...

$ABNB TOP 20

While many are getting concerned about red days, I keep to my strategy.

We wanted $ABNB to pull back so we could add, and it is doing exactly what is expected of it now and working its way do...

$MOS - WATCHLIST

Very happy to see the flush down today for $MOS as it had not reached out 0.618 Fib target at $35.85 and it is looking more and more likely to be tested here next before moving higher.

The ma...

$PSNY - RC -

$PSNY is almost as tough as being a $LCID and $NIO holder.

$PSNY continues to struggle and find support and keeps breaking down from important support levels.

We can see that this is in...

$SNOW - RC -

$SNOW has effectively moved sideways for the entire year and is part of a larger megaphone formation, stretching back from late 2020.

The valuation has always been the issue for $SNOW so it i...

$OPEN - RC -

$OPEN has been holding our blue line which is also the 0.5 Fib very well at $3.15 in Wave 2.

We know that Wave 2 typically goes to the 0.618 Fib and we can see that the 200 Day MA is drifting...

$IONQ - RC -

We have not seen this in awhile but its worth of a review, Wave B broke above the previous high of Wave 5 in an intraday rally and I am not sure what caused this but it certainly got a strong spike...

$LCID

$LCID has maintained comfortably in this downward channel and not showing signs of retesting the top of the trend line yet, where the 50 Day MA is close by.

As long as this continues in this ...

$FUBO

Still battling with the 50 Day MA for support, it had lost it last week but managed to recapture it again so the fight is still on going.

This still looks like a corrective wave for me and we...

$CFLT - RC -

Still holding its structure very well and I like how Wave 3 hit the 1.618 Fib exactly and then pulled back, this is typical of Wave 3 but I want to see the price go back above the blue line and bac...

$SE

We are all rooting for $SE to move higher and so far it is finding support still on the 0.5 Fib almost exactly at $37.50, I don't think anyone will be at ease until this goes above the blue line at...

$MGM

Another controlled move down yesterday as $MGM continues to grapple with their attack and I like how the price has been moving towards the 0.618 Fib at $36.12.

$MGM is a conglomerate in terms...

$NIO TOP 20

Nothing has changed to this chart.

It is the same chart we have been looking at for the last few weeks.

I have explained this chart in lengthy detail every day, so that every...

$ZM

Another stock as of right now just sitting on its 200 Day MA and we can see that the 50 Day MA is right here too on the daily chart.

We would like to see $ZM use this as a support level and b...

$VIX

Many people will believe that the volatility has been crazy since the start of this month but in reality....or at least by how it is measured....it has not been according to the VIX.

The pric...

$XPEV

$XPEV is not immune from the EV weakness today and there is no changes to this chart either, we still have this as a corrective wave, where Wave C finishes oat the 0.618 Fib just below $14.

T...

$PFE

$PFE hit $34 today from below and just hovering around this level and may stay here until the end the close.

This is going to take time and boring to watch, I believe the market is waiting fo...

$FSR

The price right now is sitting exactly on the 200 Day MA at $6.36, there is a bit of a battle going on to try and maintain this level.....I want to see this price above the $6.41 but this will be i...

$LI - RC -

$LI is having a weak day too, more than likely brought on my $NIO's difficulties today but also, this is comfortably in Wave 4 and pulling back as expected to the Wave 4 line at $35.

Another ...

$JBLU

$JBLU has hit our first target, since the break down from the blue channel at $6.16, it has become incredibly weak and has struggled to stop for any support and went straight down to the First Targ...

$F TOP 20

On the 1 hr chart, $F is above both the 50 and 200 Day MA's so in the short term at least, the trend is starting to move bullish but on the daily chart, the 200 Day MA is at $12.70 and this is an i...

$DNA

Still waiting to confirm support here, the price went as low as $1.78 today and managed to bounce since then, if this is the start of the reversal than we need to see $DNA starting to hold above th...

$COIN

Starting to curl down now after getting rejected by the 50 Day MA from below and this relief bounce since August is in a bearish channel now, so if this can make a new low, this will likely result ...

$AMZN TOP 20

$AMZN was rightly pointed out by one of our members that this has pulled back to the 50 Day MA today at $135 today and again found good support on this level.....this is the 6th time since July tha...

$AMD TOP 20

$AMD is also a stock that we are watching closely and we can see that the 0.38 Fib is at $102.65 and the price is just at this price now at the time of writing.

The price has come from below ...

$ABNB TOP 20

Another stock that we said we were watching closely on Sunday for a further pull back and so far we are getting that, even if it has been slow. The 50 Day MA is at $139 and just stopped short of th...

$AAPL TOP 20

From our Top 20 upload at the weekend, we said that $AAPL needed to hold the 0.887 Fib or at the very least the previous low to maintain the structure right now and for Wave 4 to be in already, so ...

$PLTR TOP 20

While everyone has their eyes on $NIO, lets not get blindsided by the other stocks we said we would watch this week and potentially fall into our buy areas.

$PLTR being one. Price has again r...

$BABA TOP 20

Just about held the 0.65 Fib yesterday after losing it at the opening but recaptured the level throughout the day and finished the day at $87.

I will be honest, this is looking weaker than I ...

$NIO TOP 20

We have waited exactly 4 weeks for a catalyst to come along and bring this down lower to our $9 target at the 0.78 Fib in order for wave C of Wave 2 to complete and it finally looks like we have go...