The Long Investor

$DELL

Continues to move well here and like $NVDA, looks like another leg up is ready here over the next few sessions to $130 to complete Wave 5.

Price is above the 50 and 200 Day MA's now too, the recovery here continues to look good.

AML - ASTON MARTIN - LSE

Remember, as days continue on, the wedge trend line moves down, and so does the support level, as it is slanted.

Price is clearly holding on the outside of the wedge here, testing it over consecutive days.

More importantly, the price is getting squeezed in between the 50 and 200 Day M...

TWEET: $HIMS

$HIMS If the 50 Day MA here offers some resistance, we could see the right shoulder in this Inverse Head and Shoulders pattern forming.....so a retest of the 200 Day MA would be next

I know what I am doing at this retest if it happens.

Short term PT is $25.

Potential Inve...

$NVDA

$NVDA is surviving this week fairly well and has used the 50 Day MA now to propel higher and is up comfortably in the PM now, the wedge top line is at $126, so this is the next target if $NVDA can stay in this set up.

A breakout to the upside out of this wedge and the ATH line at $140 is th...

$TMF - SAFE HAVEN -

I want to be very clear here, every pull back in $TLT and $TMF over the next few weeks is an opportunity to buy the dip.

I would not say this on other positions but Bonds will increase when the Fed continue to Rate Cut and the 10 Year Yield moves down.

I have added in the green fib le...

HSI

HSI still finished up 0.6% today, in spite of the pull back in the afternoon trading in Hong Kong, up another 4% at one stage today too.

Price has not hit the 1.618 Fib yet but has come very close, so we will see over the next few sessions if it can hit this level before needing to pull bac...

$V TOP 20

This pull back could not have worked out any better so far, the price finished exactly at the confluence level yesterday above the 200 Day MA, between the 0.5 - 0.618 Fib levels.

So let's wait for a hold of support here

We spoke about this in the chat group yesterday, this is the firs...

$CLSK

There has been some consolidating below $9.75 level over the last 10 sessions, right now we can't rule out a lower low to where Wave C is but if we can get a higher high next above $9.75, then this could start moving higher very quickly

It will also likely come down to whether or not $BTC c...

$RBLX - WATCHLIST -

Bringing this back to your attention too because we have a breakout of the wedge, followed by a successful retest and hold.

We could see a movement up to the blue line next at $53, so a break and hold above this blue line and $RBLX is out of this range and into the Bull Case and Wave 3 is c...

$LYFT - WATCHLIST -

We have a breakout here out of the wedge.

The 200 Day MA is just slightly above at $14.50, so a breakout, followed by a retest of the wedge would be the ideal move next, which is what we are seeing on the Aston Martin chart now too.

Getting above the 200 Day MA and making this a suppo...

$SLV - SAFE HAVEN -

$SLV commentary is identical to Silvers chart.

$GOOG TOP 20

$GOOG's price action is right in between the 50 and 200 Day MA's right now, this is suppose to be the worst performing week of the year, so if the price can stay within this tight range between these two MA's for this week and the month of Sept then I will be happy with this hold of support.

$BIDU

It should be no surprise to see that the blue line and the yellow top trend line is where the price action has stopped today, telling us that the market has identified this important support/resistance level.

I have added in the 1.618 Fib extension anyway because if we do get a breakout abo...

$HIMS

We now know that the pull back to the 0.38 Fib was subwave 4 and now we have a bounce up to the 50 Day MA.

We will need to see how the price handles this potential resistance level, any rejection here and we are looking at the subwave abc pull back next, with the target support level expect...

SILVER - SAFE HAVEN -

Silver is getting a strong bounce today and I believe this is down to China coming out aggressively with a stimulus package, this will likely flood the Chinese market with liquidity, China has also been buying up Gold and Silver this year too, so with this extra liquidity, this will likely contin...

$BTC TOP 20

Price action has knocked on the 200 Day MA for 6 days in a row now under $64k, price went slightly above this level yesterday but no conversion to support, there is no rejection at this level either, it is still a series of tests and can breakout at any time.

A rejection here is not what we...

$V TOP 20

DOJ is really doing us a favour here, $V is being accused of monopoly practices now, which is quite odd since they've had this control on the market for what must be decades now but the moment it starts running, the DOJ steps in....I find the timing of this peculiar but aligns perfectly with our ...

$BABA TOP 20

This is the other chart I have shared here but mainly the one I share on X with less details

We can see that the First Target aligns with the new 1.618 Fib, uploaded today

$120 is an important level, which is why we have a blue line there, it was the 2023 high, a break above this leve...

$YINN

$YINN is up a whopping +16.2% now in the PM and finished yesterday up +5.8%, a 23% gain in 24hrs.

Wave 3 has also run aggressive here after todays news so I am looking at the blue line here or the 2.618 Fib at $32, which was the previous high to complete Wave 3 before a pull back is needed ...

HSI

No changes to the HSI chart here, which is aligned with the new update on the $BABA chart.

We can see a clear Wave 3 move over the last week and there is no denying how bullish this looks now in this impulse count.

Holders of $YINN should be licking their lips now at this development,...

$BABA TOP 20

Ok this catalyst from China has blown the original 1.618 Fib through the roof at $88 and I think it might be more suitable to consider the larger impulse count, from the low at the start of the year, to the high in May, as Wave 1, and to the low in July as Wave 2, from these points we can find th...

$NIO TOP 20

Up over +7% in the PM now and we can say that Subwave 4 is complete now and we are Subwave 5.

China released a wrath of QE measures overnight, including reducing banks reserve cash and said they would inject Billions of Yuan into the economy and market, pushing Chinese ADRs and the HSI up ...

$TLT - SAFE HAVEN -

We are seeing a pull back here after a run up to the 2.618 Fib for Wave 5, which would be the standard extension for Wave 5 without any extended runs of euphoria

Pull back has gone below the yellow line too and there is a trend to the 50 Day MA now

So I have added in the Green Fib sup...

$DOCN - RC -

Wedge breakout here and looking like a retest to a VERY strong confluence level at $35:

• Wedge breakout line

• The 50 Day MA

• The 200 Day MA

• and the 0.5 Fib

All at $35, so a retest and hold at this level and you have your Buy...

$CAT

Bringing this back to your attention because the chart is so beautiful and not changed but also about to test its previous Wave 3 high at $381, clearing this level and this clears the way to move higher to complete Wave 5, which can complete in normal circumstances between $410 - $440.

Movi...

AML - LSE - WATCHLIST -

Ok we have the breakout, we have the test of the 200 Day MA and now we have the retest of the breakout level at 157P exactly.

No we want to see a bounce from here above the 200 Day MA and conVerting this to support, remember you are very early so no rush, converting the 200 Day MA to suppor...

$HIMS

$HIMS continues to be very popular in our group and it is a big position for me.

Price has not tested the 50 Day MA but tested the 0.38 Fib on Friday at $15.77, since then it has made a higher low but it is difficult to say that this pull back is complete just yet.

If there is a furth...

$IQ

Continues to test the bottom trend line from below at $2.20, this line needs to be flipped to support to take the pressure off here and rule out a flush down to the $1.65 blue support line.

Getting above the trend line and we could see the same reaction as $BIDU, moving higher to the 50 Day...

$TGT - WATCHLIST -

This would be an interesting set up if we continue to see a pull back to the 200 Day MA here at $150.

We'd have a hold on the Primary 0.618 Fib in August at $133

A second 0.618 Fib hold at the start of Sept at $146

And then a possible third hold between the 0.5 - 0.618 Fib at at...

$YINN

Textbook.

Higher low, breaking back above the confluence level of the 0.618 Fib and the 50 and 200 Day MA, makes a higher high and just takes off, on track to move to our Wave 3 target, can not ask much more of a chart than this.