The Long Investor

$SE - Chart invalidated

I will upload this chart for now to show where support needs to come for $SE and we were monitor this for the day to see how it behaves.

For now, it needs to hold the blue line at $41, any lo...

$NIO TOP 20

We can see that the price is just sitting on the 200 Day MA on the 1hr chart and has held all day on this chart yesterday, $12.10 is still the level we want to see hold and failing this, as was the...

$PATH

Announced today that they will report earnings on the 6th of Sept, this stock has been consolidating above the 200 Day MA since the start of the year. It needs a positive catalyst to trigger this t...

$LI

$LI's chart has been very structured and just like $NIO it is also in its Wave 4 pull back, a very clear Wave 4 pull back too.

I would be watching for the 50 Day MA at $37 as a potential supp...

$ENPH

We have been monitoring this in the background to see how it has been handling support levels and I am watching the 0.887 Fib level in white at $138, we can also see that this is a 0.618 extension ...

$DNA

I have been impressed by $DNA's structured pull back and Wave 2 looks like it could be complete now so I am watching for signs of reversing now, as the pull back came down to $1.71 and we have Wave...

$AMSC - COTW from the 8th of August

Another strong day today and finished up 14% for the day.

We can see that the 200 Day MA has been a strong support line on the 1hr Chart since June and held our Wave 4 pull back perfectly. 2023-08-15 00:00:12 +0000 UTC View Post

$NIO - 2020 -

Isn't this chart from 2020 simply beautiful.

Followed EW Theory perfectly and in spite of its strong rise in price, it was incredibly stable and structured.

The price resemblance right ...

$NFLX

I see an corrective wave here for $NFLX, the price could continue in this megaphone pattern until the end of the year and still make new highs but overall I do not see this being anything more than...

$LULU - CHART OF THE WEEK - COTW

One of the best setups for me at the moment, so it makes the COTW.

Earnings on the 31st of August, so we are seeing a potential break out of this ascending triangle before earnings, which may...

$MARA - RC -

No changes to the $MARA chart, pulled back now to the 50 Day MA which we were expecting for Wave A, this would be the ideal place to bounce for Wave B before going lower again to complete Wave C, I...

$CHPT

$CHPT has been struggling to hold the blue line but it is managing to stay in this wedge....the direction is unclear here and both are a possibility, a break down here from the wedge and the target...

$AMZN TOP 20

Showing signs of wanting to break out of this bull flag, remember we have $AMZN and $GOOG still in their uptrend and since holding the 50 Day MA, it looks like a breakout and holding above the bull...

$PFE

This is getting close.....testing the trendline here again and we can see that the 200 Day MA is just at the trend line too as more resistance, so a break and hold above $36.20 and this will have b...

$COIN

This has been a tough decline for $COIN, we have had Wave 3 in red at the 50 Day MA since this decline and the price is just at this level now, I suspect a relief bounce will come here shortly....t...

$DIS

Testing the wedge from above now, we have been waiting for this and we can see that the 50 and 200 Day MA are just below the trend line as potential support levels too, this is an important area no...

$NIO TOP 20

No changes to the chart uploaded on Friday morning.

We can see some weakness in the PM but we can see that the 200 Day MA is just below at the 0.618 Fib at $12.10, we are looking for a test o...

$QQQ TOP 20

$QQQ is now a lot clearer, it has lost the 50 Day MA and is on course to our Wave 4 target....I suspect this will be driven by $NVDA dropping and more pressure on the Semi and Ai industry. $NVDA is...

$TSLA TOP 20

We have been concerned about this stock since its earnings release and the chart is very clear here and it has lost the 50 Day MA this week too.....the main concern is the 3 strong waves leading up...

$SPY TOP 20

In line with the Mega Caps Charts we have seen today, if you were to look at this chart, you would hardly expect any pain in the market but some individuals stocks are struggling, thankfully not ma...

$SE TOP 20

Earnings this week on Tuesday before the market opens.

It has all the markings and structure of a stock that could really benefit from a solid beat on earnings and start its reversal.

C...

$MSFT TOP 20

Like $AAPL this has been textbook so far, pulling back comfortably for Wave 4 and sitting on the 2 Fib now. 

We have been charting this all year and know that $MSFT's Wave 3 ran a lot hi...

$PYPL TOP 20

We uploaded this during the week but with little to report, still struggling to find its feet and support and firmly in the middle of the buy zone and in this long wedge, can it go further down to ...

$PLTR TOP 20

Needless to say I am happy with $PLTR pulling back, it extended a little higher for Wave 5 but that is no problem, the ABC waves always come, as we saw with $DNA when it extended too.

Some of...

$NKE TOP 20

$NKE is turning into one of those slow moving stocks, along the lines of $KO.

It has not done much in a number of weeks, bare hold this channel and consolidate.....but I have no issue with th...

$INTC TOP 20

Our concerns for $INTC have started to materialise a bit now, as this has broken down from its ascending triangle and the Double Top may be enough to spook this lower.....that being said $NVDA, $AM...

$GOOG TOP 20

Forming a small triangle now as the market has shown weakness, this is quite bullish and tells me that $GOOG is ready for a move higher once the market sentiment changes.

Like all of the othe...

$F TOP 20

This pull back has been aggressive and has lost some crucial support lines but I am absolutely not buying this pull back as anything more than an unnecessary over reaction. This is not a weak, risk...

$BABA TOP 20

Had a bit of rollercoaster week, dropped before earnings and then bounced very well after a fantastic report and then gave back some gains the following day, we wanted to see a break above the $102...

$AMZN TOP 20

A lot of the Mega Cap stocks I am uploading from the Top 20 list today are all comfortably keeping within their impulse structure, not a single chart is not doing what we have expected, as long as ...