The Long Investor

$AAPL TOP 20

$AAPL holds the key to the market and that was even more evident this week.

In our last update we said we wanted to see $AAPL get above the 50 Day MA and if it can do this, this is further co...

$WING - RC -

Not seeing anything more than an ABC corrective move here in this uptrending channel...we are already see the start of a rejection trying to get out of this channel and that is very hard to happen ...

$VRT - RC -

This Wave 3 has been vertical and parabolic and saved only because it is Subwave 3 of Wave 3, so if you are gonna see a parabolic move at all and I do not like to see them, this is the only place i...

$LCID - RC -

$LCID showed hope when it broke out of its channel and has pulled back since and has been saved by the last Fib level and 0.88, so Wave 2 is still valid but it must do better than this and certainl...

$EBAY - RC -

I am not seeing this as an impulse count, it had a very good run in 2020 and rose quite abruptly and this is not the hallmark of the start of an impulse wave.

The price has also broke down fr...

$COPX - RC -

The technician in me really does appreciate a beautiful chart and this is simply one of them, for how symmetrical the chart and the set up is.

We have a well defined large ascending wedge (my...

$TTD - RC -

Quite a complex chart with mixed reading, so I have both an impulse and corrective wave uploaded, similar in characteristics to the $INTC chart, which has not found its direction for the last 24 mo...

$KHC

Is another stock that is at its 52 week low and it has been a couple months since I uploaded this last and we have always had this coming down to the blue line, so this is on track for us.

I ...

$GIS

I am spending the weekend doing some deep analysis on potentially undervalued stocks and looking at large companies at their 52 week lows this week.

Stocks that have been really beaten up ove...

$KWEB

Long move sideways but the temps have cooled down for China over the last few sessions and in spite of the noise, the chart is looking as healthy as ever.

Holding two 0.618 Fibs here, first f...

$LULU

Earnings was a beat, a modest beat but they have kept their record of not missing an earnings since June 2020.

$LULU is the only company I know that people want to own every item, in differen...

$DAL

If Subwave 1 is in now, we are will be watching for the 0.5 and 0.618 Fib levels at $42.57 and $42.22 for support.

We can see on the 1hr chart that the 50 Day MA is at $42.57, so trying to ho...

$BABA TOP 20

Very strong day today and a very positive jump since holding the $88 line now, up 10% too from this point.

We can see that the price pulled back to the 200 Day MA on the 1hr chart and has hel...

$DNA

Very $PLTR'esque here, in a neat ascending wedge here which is a bearish formation and normally found in Wave 5's and Subwave 5's, which perfectly aligns with a need for a pull back so I have added...

$COST TOP 20

ABC looks complete now for $COST and the last hurdle is getting above the 200 Day MA which is just slightly above at $553 on the 1hr chart.

Nice upside projection here until the end of the ye...

$DIS TOP 20

I keep coming back to $DIS, although it is certainly not out of the woods yet, it is in a very attractive position right now and if the market decides to turn bullish and it is certainly showing po...

$OXY

Very nice hold at the 50 Day MA at the 0.5 Fib for $OXY and has not bounced, the price is also above the 200 Day MA here now too and moving well again in the PM.

I have a position here and ma...

$XRPUSD - RC -

A pump and dump heavy happened in July through to August, a clear ABC move up and now followed by 5 waves down.

I do not follow $XRP so I do not know the cause of this....probably something r...

$SABR - RC -

Long downward channel here too since 2021, it had worryingly gone below the blue line which was the low in March 2021, but has managed to recapture the line quite quick.

The price is just hol...

$EDR - RC -

In a clean ascending triangle here but since their earnings, they have come right down to the trend line to test for support.....luckily it has found support here. 

Will need to recaptur...

$CRBU - RC -

This stock is only on the market since 2021 and with most new companies on the market, they tend to start with an ABC correction and this is no different.

It has spent the last 12 months in a...

$ATKR - RC -

A number of requested charts to be uploaded today and so far $ATKR is looking to be one of the healthiest looking charts today.

In a very neat structured channel here since 2020 and does not ...

$NIO TOP 20

19,329 production numbers reported this morning, this is the second highest month on record and although slightly down on last month, they are well underway to hit the higher limit expected for thi...

$CAT

Very nice chart here and no changes to the last one I uploaded, we can see here that the price has pulled back to the blue line and has bounced very well since and it did not even need the 50 Day M...

$DKNG

Beware of the bounce, we are seeing a few of these set ups now and we know better, this is a hallmark Wave B bounce after climbing a very clean Impulse Wave up to Wave 5 at our Second Target.

$FSLY

No changes to this chart, just stunning with more upside to go to get to our Wave 3 target at $29.

$BKNG

Very nice test of the channel from above and bounce to hold support.

This chart is very attractive but I think the high share price puts a lot of people off from buying.

$BKNG is leadin...

$BAC

Very interesting to see this test the blue line from below and has so far rejected at this level.

The market is showing bullish signs but the banking sector is starting to feel the pressure o...

$BABA TOP 20

Nice work from $BABA today, we can see that the 200 Day MA at the 50 Day MA right beside each other now at $92.17 and the price has come down to $92.16 today exactly and has held all day.

Thi...

$EL

$EL has been a divil, very common phrase in Ireland, its when young kids are being bold and this has been a little rascal.

That being said, it has just raised its head out of this long and la...