The Long Investor

$SQ

Positive start for $SQ, we know there are number of gaps above that will be filled eventually, what we want to see now is momentum to the upside here.

In March we saw a large drop to $56 afte...

$PENN

Earnings out today before the market opens, I suspect in the next hour.

Price is showing a strong move in the PM due to their announcement yesterday with ESPN.

This chart was showing mi...

$TWLO

No changes to the chart here after earnings reported yesterday and it was a beat.

A break above the yellow trend line at $66w would mean the price is into the Bull Case and it is at a lower r...

$DIS - Short and Long Term Charts

Earnings are out after business today, a lot of optimism around now since ESPN has decided to partner with $PENN to bring easy accessible gambling to their platform.

On the short term chart, ...

$NIO TOP 20 UPDATE

We have been waiting for $14.10 to hit and it went down to our level yesterday. Hit a low of $13.73 and recovered well towards the end of the day.

I was impressed with the ascending triangle ...

$SE TOP 20 UPDATE

I like to take a clean chart sometimes and draw without any preconceived bias towards a company.

So I have done this with $SE as an exercise.

A very straight forward Head & Shoulder...

$BTC - WATCHLIST -

Testing the 50 Day MA from below now, a flip here to support and this could be the start of the move for $BTC to the upside.

Levels to watch is holding the 50 Day MA at $29,900

Holding ...

$LUV

We have spoken about this a bit today in our Telegram group, we have been impressed with how the bulls have been defending the 0.65 Fib and as I said in the last update, $LUV and $DAL could move to...

Discord

https://discord.gg/ywBwJjwP

$QQQ TOP 20 UPDATE - IMPORTANT NOTE -

Price is just above the 50 Day MA on the daily chart above.

But the price has lost the 50 and 200 Day MA on the 1hr chart.....which means the trend is still to the downside and where we have ...

$IONQ

Like clock work, once you start hitting this high extremely extended Fib levels up to 3.618 or the highest one at 4.618, then you are going to get a strong pull back and that is what happened here....

$LABU - RC -

Needs to find support very quickly, like the chart says, 'Needs to hold above this line' at $4.

Working its way down the Fib levels below the standard 0.618 Fib right now.

This is a lev...

$SNPS - RC -

Very nice structured upward trend here since 2019.

There is still more upside here as this moves strictly within this channel.

I expect Wave 3 to continue to the 1.618 Fib at $486 befor...

$BABA

Getting some red after that disappointing export report came out this morning from China, Exports are down -14% from last year which is not a good sign but even more pressure will be put on policy ...

$TLT

When $TLT lost the support line at $99.40, it really lost it and dropped aggressively.

A nice bounce in the PM at the moment but for me, this just looks like a relief bounce before going lowe...

$VIX

The $VIX has been making moves, which is to be expected while we witness a lot of stocks in their Wave 4 pull back.

The $VIX is still in its downward trend but we can see that it has certainl...

$ADBE

Wave 4 is due now after a strong run from $320 to $550, a pull back now to $460 before moving higher to finish the year at $580 would be the expected move for $ADBE now.

$DKNG

I see ARK is selling some of their $DKNG holdings over the last week which amazes me because they are finally doing the right thing, selling at the top and not at the bottom.

ABC corrective w...

$DDOG

Before and after guys, from May and today.

We know when Wave C ends high, we get a corrective wave down next.

PM has this down -22% to $83 right now.

$DLO - RC -

A requested chart that I have been watching for a week to see if there is any break to the upside before earnings on the 15th of August, but it is not looking likely until a catalyst comes along an...

$DNA

Giving us a standard ABC correction now and we can see that the price action is having difficulty getting back above the 200 Day MA on the 1 hr chart, as it has hit the resistance times a number of...

$TSLA - LONG TERM PROJECTION -

I have been looking over my long term projection chart for $TSLA and noticing the large inverse head and shoulders forming at the moment.

The right shoulder also bottoms out at the 200 Day MA...

$AMSC - COTW -

Chart of the week could not be going better, we said to wait until the 1.618 Fib where Wave 4 has been set to look at entering and yesterday we got a strong pull back to $8.88 yesterday before reco...

$NVDA

Has fallen out of this bearish channel lately but we have been here before with $NVDA, it has ungodly strength at times so let's remain cautious here.

On the this daily chart, we can see that...

$COIN

Impulse wave is now invalidated, the price action crossed aggressively below the blue line which would impede on Wave 2 and this breaks the rules of EW Theory.

$COIN has been under a lot of p...

$NIO TOP 20 UPDATE

PM continues to keep to the plan here.

i alerted yesterday in the TLI Telegram group that I still believe that another low would need to come in for Wave 4 to complete and we are seeing that ...

$LCID

Report has just been released. Missed on Revenue and Losses have increased but they have projected that their annual production guidance remains on track with 10,000 vehicles.

It's not a grea...

$ZM

$ZM is one of my holdings that I spend the least amount of time looking at, because in terms of risk v reward, the reward favours $ZM here, we have seen over the weekend how the economic cycle of a...

$ENPH - RC -

Is starting to get into trouble now.

It has not held the last (white) Fib level at 0.887 - $138. So it's last attempt to hold this structure is to try and hold at the blue line which was the ...

$FCEL

Rejected trying to get out of this long descending wedge and to add misery here, it has formed a fairly perfect Head and Shoulders pattern which looks complete now.

So watch to see if it can ...