The Long Investor

$GME

When we spoke about $GME during the week and its possibilities, it was still in its smaller ascending triangle, as long as it held in this formation, I was leaning towards a break out to the upside...

$CVNA - RC -

A run from $3 to $58 in 7 months is going to bring an aggressive pull back with it.

We can see that the price stopped out exactly at the previous high from August 2022 at $58, it has since dr...

$FSR - MEDIUM TERM -

Adding my 18 month projection for $FSR here so we can reference it when we need to.

$PENN - RC -

Rejected again trying to get out of the descending wedge and pulling back now and working its way down through the critical support Fib levels.

It has also lost the 50 Day MA too and the 200 ...

$XPEV - RC -

In our last update of $XPEV we spoke about how extended this has been, especially for Wave 5 and at that point, we could see that it was on track to hit the 3.618 Fib, I have said before that I hav...

$ATVI - RC -

The trend here is clear but if we look at all the analysts who reported in July, every one of them downgraded $ATVI....we saw this with $SOFI too, in spite of its upwards trend.

I know the UK...

$BKNG - RC -

Big fan of Booking.com and have been using it for over 10 years now, one simple feature which allows you to pay when at the premises and free cancelation up until the day before you go, makes this ...

$BTC

Very slow movement from $BTC over the last 6 weeks, barely moving in either direction but slowly drifting down the Fib levels but using the 0.38 Fib at $29k as a base level.

We can see that ...

$PYPL

Ok this is what we are dealing with now with $PYPL.

Price just held support today at the 0.78 Fib, we still need more price action to confirm that this is a support level and we will watch f...

$SOFI

$SOFI finished the week exactly at our Subwave 4 level, there is no changes to this chart from the previous ones I have uploaded.

Tough week for finance stocks, the 10 Yr probably played a bi...

$DAL

While $LUV may only be starting Wave 3, we can see that $DAL has held our Wave 4 level at $44 today and may be starting its Wave 5 next.

However, we could still be in Subwave 5 of Wave 3 her...

$LUV

So far holding the golden ratio between the 0.618 - 0.65 Fib and above the trend lines.

Still need to see signs of reversing  and the 50 and 200 Day MA are just above together on the da...

$BIDU

Like $BABA, $BIDU is maintaining its structure and performing well.

Comfortably above the 50 Day MA and 200 Day MA and it is on course to test the blue line soon which was the previous high ...

$OXY

Fantastic bounce for $OXY on the 0.5 Fib which was also the 200 Day MA on the 1hr chart.

In spite of its earnings miss, $OXY is about to make a new high since March this year and the count r...

$SQ

$SQ chart is now invalidated, the selling pressure has been heavy.

So I am watching these support levels now on the white Fib lines.

I am open to the possibility that the climb up to ...

$ABCL

Testing the lower end of this channel right now, we have seen this on a number of charts lately, the PM is showing a dip underneath it so we want to see this regained quickly today

Earnings o...

$FSLY

A reminder, following our chart very well here and testing the upper limits of the channel now.

Wave 2 held the 0.618 Fib at the bottom of the channel and has bounced since, so lets see if it...

$TSM - RC -

OK 18 month projection for $TSM.

Nice pull back after hitting Wave 5 and we have set the Fib levels for the ABC correction....conveniently we can see that the 200 Day MA is in line with the 0...

$AAPL TOP 20 UPDATE

$AAPL down -3% in the PM now which brings the price exactly to our Wave 4 target at $185.

Remember, this is only Wave 4, this is still more upside here.

There is no way, on any planet...

$AMZN TOP 20 UPDATE

OK I am just provisionally uploading this and will upload again over the weekend as part of the Top 20 List, after seeing some price action today.

The earnings were smashing and I am delighte...

$IQ - IMPORTANT NOTE -

The unfortunate truth is, when a stock runs, we hope for a pull back, when the pull back comes, we don't buy.

This is true for 90% of people who invest.

The 10% that do buy are the ones...

$GPS

$GPS has not been putting a foot wrong.
Held by the 200 Day MA on the daily chart and pulled back and making another attempt and breaking above this level at $10.95.
A break above and holding...

$NIO TOP 20 UPDATE

We got our answer yesterday, whether we were still in Subwave 4 or not, since we went above the previous high, this confirmed that Subwave 4 is complete and we are in Subwave 5 of Wave 3 now.
2023-08-04 11:56:42 +0000 UTC View Post

$SQ

Earnings report was released yesterday and although it is a double beat, it is down in the PM, possibly following $PYPLs lead, and concerns with the 10 Year yield, which does appear to be going hig...

$AFRM - WATCHLIST -

The last time I uploaded this was on the 18th of July and advised to put this company on your watchlist as it was attempting to break out of its long wedge.

Breakout has happened and has hel...

$CVS

Looks like a clean rejection at the 1.618 Fib for Wave 3....as we expected.

Pulled back instantly and on track towards our Wave 4 target now.

We need this to hold above the Blue Line a...

$LULU

$LULU is thinking about making another attempt at breaking out of this ascending triangle.

It has made one attempt on the 19th of July but it only momentarily broke out but did not hold above...

$F TOP 20 UPDATE

$F has held the 0.618 Fib again at $12.87, after going as low as $12.86 today, this is the third time that the 0.618 Fib has held support.

We can also see that the 200 Day MA is exactly at th...

$BLNK

I have still been watching this in the background and I like how it has held the 0.618 Fib so far and moving tighter into this wedge....likely because earnings will be out next Tuesday after hours....

$LUV

These are the facts:

1. Broke out of a long 2 year downward trend.

2. Pulling back and holding at the 0.618 and the lowest point holding above the 0.65 Fib.

3. Holding outside...