The Long Investor

$GPS

Lets be honest, who doubted my work here?....when you saw this drop out of the bull flag, you thought the worst and the count was over.....no chance.

Held the 50 Day MA and bounced exactly up...

$FUBO

$FUBO, moving as expected, in Wave B now and about to test the 50 Day MA which is just above the 0.5 Fib now at $2.42....this is a potential rejection line, as it is a confluence level.

A rej...

$COIN

$COIN getting that $PLTR action here too....rejecting at the 50 Day MA and at our Subwave 4 level.

This is not somewhere you would want to be entering.....I have Subwave 5 just above the 200 ...

$F TOP 20

$F is flirting with the wedge breakout here which has been coming.

We know this has been due a bounce and it has been in a strong area of support, by holding between the 0.618 - 0.65 Golden r...

$SPY TOP 20

Has continued its impressive move above the 50 Day MA and getting above $459 means it has made a new high, this would further confirm that Subwave 4 is complete and we are in Subwave 5.

The M...

$AMD TOP 20

I know a lot of people are interested in this and so am I but I need to see more signs of reversing.

So far we have the 0.38 Fib held which is a good start and above the 50 Day MA on the 1 hr...

$ZM

$ZM is comfortably above the 50 Day MA here on the daily chart which is great to see.....now the big test comes, getting above the 200 Day MA at $70 on the daily chart, this is a very important one...

$PLTR TOP 20

I think we are all happy with what we are seeing here today.

$PLTR had a strong few days but it moved in a perfect 3 waves format, so we believed that it was a corrective wave bounce for Wave...

$NIO TOP 20

I have added two charts, both are the same but on the 1hr chart and the daily chart.

I wanted to show the 50 Day MA on the 1hr chart, which is the main chart above and how it is effecting the...

$ULTA - RC -

Comfortably in its Wave 4 pull back now and will likely continue down further to find support on the bottom yellow trend line before going higher.

The Wave 4 is moving typically as it should ...

$OKTA - RC -

Up 11% right now in the AH after its positive earnings beat. EPS was beaten by 43% and revenue increased by 4%.

This has been moving sideways since May and moving around the 200 Day MA, as it...

$CRWD - RC -

No changes to the chart, earnings report released after the close today and EPS beat by 34% and guidance was reiterated as projected.

So with a beat and no surprises, we are sticking with our...

$SKX

A very nice support level on the 200 Day MA for $SKX.

More momentum needed here now to capitalise on this support and it can test the blue line next at $55, do I believe $SKX can get above th...

$LULU

Earnings tomorrow after the close and the price managed to recapture the ascending triangle this week.

Considering the market pull back this month, $LULU was largely unaffected and is in a go...

$VIX

Yesterday I said to watch for the $14.04 level which is the 0.78 Fib, if this level is lost, the market is strong and the $VIX is weak, it is just at this level now and hit $14.03 today, we want th...

Opportunities - 30th August

$ABNB holding above the 50 Day MA on the 1hr chart at $127.40 is a buy for me.

$AMD holding above $103 and making higher lows from here and higher highs is a good long term hold here.

$...

$AAPL TOP 20

$AAPL has passed the first test and has broke out above the 50 Day MA, this is significant.

3 weeks ago I advised that buying $AAPL anywhere under the blue line at $182 and you are getting mo...

$SQ

The positives here is that $SQ has held the blue line support and this is the 2hr chart so I could fit in this yellow channel clearer but we can see that the price is holding above the 2hr chart an...

$PYPL TOP 20

I have added in the subwaves now for $PYPL, buyers appear to be attracted to this and it is moving quite well.

I have just released a Buy Alert for $PYPL because I have added here again, I am...

BUY ALERT

$PYPL

$ABNB TOP 20

It wasn't clear on the daily chart yesterday that $ABNB had completed its ABC count on Wave 2 but we can see on the 1hr chart that this is more clearer.

It is shallow and short but still val...

$SHOP

Held the 0.38 Fib at $53 and has bounced since, it is now testing the yellow trend line from below and we can see that the 50 Day MA is just above too, getting back into the channel will be its fir...

$PLTR TOP 20

$PLTR has not quite tested its 50 Day MA here yet at $16 and we have Wave B going slightly above this too.

I expect this to reject around the blue line, if it can flip the blue line from res...

$SPY TOP 20

The $SPY has burst through the 50 Day MA and the trend line at $445 now and is performing very well.

This could be a turning point for the market, if we can see a retest of this line and it c...

$NIO TOP 20

Yesterday was a wild day, with a pretty rough earnings report and opening with -14% down, it recovered almost all losses for the day at finished 1.18% down.....even going 0.90% green in the AH's tr...

$VIX

The $VIX continues to show that the market is healthy and we should see the indices moving higher next....so does would mean that $VIX continues to decline, I think if the $VIX loses $14.04, it is ...

$UBER

$UBER continues to perform very well and holding the 1 Fib very well too.

I believe there is a lot more upside here for the next 6 months, chart is looking strong and controlled here.

$...

$RIVN

$RIVN has been textbook here too.

Used the 200 Day MA as a moving support level and waited for the right moment to bounce.

We will monitor how this moves but Wave 5 for $31 is the likel...

$IQ

$IQ couldn't hold its bullish subwave count at the start of the month and like just about every stock, it felt the selling pressure, did it lose its over impulse wave structure? No.

It has p...

$AAPL TOP 20

As we stand right now, this set up right here concerns me.

Since $AAPLs bounce at $172, it has moved exactly up in 3 perfect waves, this is what we expect to see exactly on a Wave B bounce, b...