The Long Investor

$HD TOP 20 UPDATE

Down heavy in the PM after releasing their earnings report and showing a decline in sales....from my update over the weekend, we said that we would be surprised to see a good earnings, considering ...

$JD - RC -

Like $BABA it has shown a positive move since holding at a very important level, in this case at the previous low on the blue line, big test next will be breaking above the 50 Day MA on the daily c...

$ADA

Maintaining the 200 Day MA and at the 0.618 Fib, the structure here is very good, we should be watching for a break above the 50 Day MA and the blue line above, these are the next 2 test levels.......

$TSLA TOP 20 UPDATE

I continue to see only 3 Waves for Subwave 4 here and the selling pressure appears to be still present. It is below the 50 Day MA again now and I feel, if it loses the $164 yellow support line, thi...

$TDOC

Very little to update here but I know a lot of members are keen to watch how this moves, so I have no issues updating it regularly. 

It is another stock that has moved well since hitting...

$COIN

I have added in a wedge it has formed here, it is still below the important blue line after getting rejected but it enjoyed a positive day from the market yesterday. As long as it stays below the b...

$ABNB TOP 20 UPDATE

It is quite remarkable at times to see how powerful the Fib levels are at finding support and resistance levels. We have shown for a number of weeks, maybe months here that we expect the price to c...

$PLTR TOP 20 UPDATE

Big drop since hitting the previous high and at our blue line, it came all the way down to the 50 Day MA on the 1hr chart and then bounced, we will see how it behaves after this bounce but if we lo...

$DAL

Moving within the range of the small bull flag still and being held above the 0.618 Fib, the trend line as part of the larger wedge, I have added while it has consolidated in this area.

This ...

$ZM

I am impressed with how $ZM is behaving now, dropped deep into the buy zone, found support, consolidated and then started a structured move higher, and just above the 200 Day MA now and back out of...

$BABA

$JD and $BIDU have both reported this week already and both have reported really good earnings, $BABA is next on Thursday with their report being released before the US market is open.

So far...

$NIO TOP 20 UPDATE

Very little to add here, I spoke above Subwave 4 possibly being complete now, so if we are in Subwave 5 now, the bounce yesterday was likely wave 1 of Subwave 5, I am sure people are aware now that...

$BUD - RC -

$BUD has had disastrous ad campaign lately, I won't get into what they did but they did not read their market very well. 

Up until that Ad got released, this was looking like a very nice...

$GEO - RC -

Earnings has bounced this well but has stopped out at the 200 Day MA here, where we had already set Wave 4 and at the 1.618 Fib level too.....I feel this will reject here and start moving down next...

$NU - EARNINGS OUT TODAY

Earnings out after the close today, the chart is looking very interesting here, just at the blue resistance line, after going on a strong run here since $4. A positive earnings and this could go hi...

$FOUR - RC -

What a beautiful structured set up here. Textbook impulse wave so far. Hovered around the 1.618 Fib, for Wave 3, couldn't go higher so came back down the 1 Fib and held 3 times, this is where we al...

$DM - RC -

So far it has held at the 0.887 Fib and looking to recapture the 0.78 Fib level next, it still has a lot to do to move to the targets above however. The Price drop just before earnings was a bit du...

$BAC

Very clear direction here. Under the 50 Day MA and moving down in sync, the RSI is bearish and the MACD is trending bearish too. What I will be waiting for here is how it behaves at the 1.618 Fib l...

$JPM

The neckline is a bit unorthodox here but there is a head and shoulders pattern formed, after getting rejected heavily at the 0.887 Fib level, in line with where Subwave A topped out.

My coun...

$QQQ TOP 20

No changes here to last weeks chart or the previous weeks chart either, it is following our Wave 3 nicely here, the 1.618 Fib is the likely spot to see a pull back, I have $MSFT above its 1.68 Fib ...

$NKE TOP 20

Strong pull back down to the first bull flag again but it is likely pulling back to the 0.78 Fib level to complete Subwave 2 of Wave C.

The RSI on the 1hr got as low as 16, meaning it was dee...

$GOOG TOP 20

This $GOOG chart is unlike the other Mega Tech stocks, its chart set up is not impulsive but it has broke out above the bear channel and we have seen this from $AAPL and $MSFT, the difference betwe...

$GOLD TOP 20

$GOLD is just being held under the upper trend line limit, where I have had Wave 4 for a number of months now, it was looking like $GOLD would continue higher at the start of May but for now, it ma...

$COST TOP 20

Getting close to the top of the trend line now, it is above the 50 and 200 Day MA and Morgan Stanley raised their PT from $520 to $535 on Friday, will this be enough to push this through the trend ...

$HD TOP 20

Trending in the direction we want to see, the Subwave 2 was a little messy but its the days leading up to earnings, so it's likely to be met with some volatility.

Earnings are due out before ...

$ABNB TOP 20

Interesting week for $ABNB, it climbed very well leading up to the earnings, raised its head out of the bull flag and almost too aggressively, possibly the market was getting excited for another gr...

$VIX TOP 20

The momentum has slowed down here a lot, the only change is that it continues to hold on the outside of the bull channel but barely above it and barely above the previous low too.....the VIX chart ...

$TSLA TOP 20

I upload this chart a lot but I wanted to add in a larger time scale to show what is potentially a play here.

I have also added in the downward wedge, which the bottom trend of the wedge conv...

$SPY TOP 20

I suppose there is only so many times I can say that there is no updates here to this $SPY chart. It has been moving sideways since the 17th of April now.

It is staying below the top blue lin...

$PLTR TOP 20

I have added in the gap limits here, after opening after the earnings report with a very large and obvious gap, will history repeat itself, like it did after the last earnings report? and gap fille...