The Long Investor

$GPS

The american apparel resurgence continues and look at Gap wiggle its way around our Wave C projection pushing higher with enormous strength.

Not a single change to this chart in about 9 months now and $37 remains the target by the end of 2025.

$TLT - SAFE HAVEN -

$TLT has not started its reversal to the upside just yet as the market has not confirmed its correction either...so we are not seeing the inflows into $TLT just yet.

What I am watching is for a hold on the 0.5 Fib or 0.618 Fib at $91 and $89.

That being said, a slow accumulation of $T...

$XLV - ETF -

I continue to like this set up and we are seeing a retest of the blue line shortly here, which is conveniently on the 50 Day MA right now at $143, so we are watching for a hold of this level on the retest.

A successful hold here and this is a bullish signal as the consolidation from 2021 wa...

$XRP

Still no break down of the structure here for $XRP in spite of the aggressive pull back for $BTC and $ETH.

$XRP appears to be still waiting for the ruling from the SEC, due out at the end of this month.

Price action is still above the 50 and 200 Day MA and above the breakout level in ...

$ZS

$ZS started the week by battling to hold the 0.5 FIB level again at $195 and successfully held into the close above this level.

Also the 200 Day MA is moving up to this level too to offer further support to reaffirm our Wave 4 level.

As long as $ZS continues to hold these levels, it c...

$PYPL TOP 20

$PYPL battle is ongoing today for the $64.20 level and so far the bulls are coming out on top.

We really want the bulls to convert this level to support to be optimistic about our impulse projection

$PYPL can not afford to reject and come back down to the 200 Day MA at $60, as there w...

$COIN

Getting a strong pull back now after rejecting at the 2.618 Fib which was also our Wave 5 level,  we also saw some significance selling into the extended Wave 5 too by insiders.

Price action has run from $31 to $260 since the start of 2023, so this was certainly an impressive resurgenc...

$DG

$DG is slowly recovering after its post earnings drop and has found support on the 0.5 Fib now at $148.

Price action also found support on the 20 Day MA too, I would like to see more support before confirming that it is moving back up to our Wave 3 target.

There has been no break down...

$OXY - WATCHLIST -

$OXY has finally tested the wedge breakout level and has also just popped its head above the $63 level too, this is a significant gear change for $OXY and moving well now in our projection.

What we want to see now is a full flip of the $63 level to a support level and this will be one of th...

$BOTZ - ETF - RC -

$BOTZ continues to move incredibly structured and the pull back at the end of 2023 was impressive bouncing exactly on the 0.618 Fib at $22.28 and bouncing now for our Subwave 3 of Wave 3.

Members sometimes get put off buying stocks that show a 100% jump over a 18-24 month period because it ...

$DAL

$DAL we have been observing how $DAL has managed the retest of the ascending triangle breakout level at $42.70 and so far the price action has tested this level a number of times now and has been holding on this level well.

We want to see a bounce on this level this week to confirm that thi...

$CLSK

Responding well today and now above the 50 and 200 Day MA, with a bounce on the 0.5 Fib at $14.96.

Right now this is following our Wave 4 projection very well and we have any reason to believe that this will run up to our Wave 5 target leading up to the halving event.

Bulls want to se...

$AMD TOP 20

$AMD has now dropped from $228 then to $184 this week after a firm rejection at its 1.618 Fib which is what we love to see for Wave 3.

All year $AMD has been a model chart and has barely put a foot wrong, apart from its weak pull back for subwave 2 of Wave 3 but that can be forgiven.

...

$SPY TOP 20

$SPY chart is not as brutal looking as the $QQQ chart right now but it is still showing a rejection at the 1.27 Fib at $516, so we are still seeing some rotation into other stocks in the S&P 500.

Taking from the top and trickling down through the system as sellers are reluctant to leave...

$TSLA TOP 20

$TSLA remains one of the worst performing stocks in the S&P 500 for this year and its a reflection of the EV sector as a whole....there are concerns that people are not as convinced about EV's as they were before but I believe that interest rates have played a big part on people's spending, t...

$QQQ TOP 20

This has been a bearish week for the $QQQ, we can see that the price has broken down from its bearish ascending wedge formation and also rejected at the 1 Fib at $444, having tested this level a number of times and unsuccessfully flipping this level to support or breaking out.

The 50 Day MA...

$PYPL TOP 20

$PYPL is on watchlist this week as the price ended the week above the 200 Day MA and the red channel, we are also seeing the potential for the 50 Day MA to cross the 200 Day in a golden cross next week too.

I have maintained for awhile now that $PYPL is not following the market, it is poten...

$PLTR TOP 20

Showing signs now that our Wave 5 is complete here and we are moving down in a corrective wave manner which aligns with our projection and I have added in the ABC count here to give us further guidance. 

I have added the 1hr chart above because it shows the loss of the 50 and 200 MA, t...

$NKE TOP 20

For the last number of weeks we witnessed the 200 Day MA being the main resistance level for $NKE but this week it has dropped lower and now the 50 Day MA has become a resistance level which also aligned with the 0.618 Fib, meaning at this confluence level, we saw another rejection towards the en...

$MSFT TOP 20

$MSFT made a new high this week but rejected at the 2.618 Fib at $424 and fell towards the end of the week with the market.

$MSFT has showed strength relative to the other Mega Caps lately but I find it difficult to comprehend that this will not pull back if the other Mega Caps confirm thei...

$INTC TOP 20

There were mixed reports coming from $INTC this week....there is a suggested that they will not receive the $12 Billion grant from the US administration for expanding operations in the US but at the same time, Biden is expected to be present at the new opening of a facility in Arizona next week.<...

$GOOG TOP 20

We spoke last week about the 200 Day MA offering support and it has done that perfectly here. We want to monitor if this is Wave B, so if we get a rejection at any stage below the blue line again at $152, we can assume this is Wave B complete and $GOOG will be into Wave C next.

$GOOG and $A...

$F TOP 20

It is still quite incredible to see that $F has been outperforming $TSLA and the EV sector by some considerable margin since November and is still in a good position to move higher to follow our count.

The price is right between the 50 and 200 Day MA's now and it is getting tight....when th...

$DIS TOP 20

Signs of breaking down from this ascending wedge this week, which we highlighted last weekend.

Price has already hit our Wave 5 target, so we are happy to see that this impulse wave is complete and we are about to confirm the start of the corrective wave.

Wave C aligns with the comple...

$COST TOP 20

$COST has been in a decline since its earnings, the earnings were healthy but the gains were made leading up to the report as they were expected to be good.

The price has pulled back to just above the 50 Day MA so far and found some rest bite during the week as the market started to feel so...

$BABA TOP 20

Consolidating sideways here as the market eagerly awaits how the HSI behaves at the perfect retest of its breakout level.

A bounce in the week ahead will carry all boats together in the Chinese market.

This has taken its time but as long as $BABA and $BIDU remained undervalued at thes...

$AMZN TOP 20

No breakdown just yet but we are seeing signs of stress and a number of rejections at the yellow trend line and the red neck line to finish the week below this level.

I have already sold 40% of my position in $AMZN and I am prepared to forego a potential run to $188 from this 40% in order t...

$ABNB TOP 20

We have almost become accustomed to $ABNB always moving higher each week as it has been in a steady climb since the October low at $114 and reached $168 this week.

No break down of the structure here and this has not even tested the 20 Day MA, never mind the 50 Day MA which is all the way b...

$AAPL TOP 20

$AAPL and $TSLA are now the two Mega Caps that are really struggling and confirmed in their ABC correction. $GOOG I believe is too but appears to be starting its Wave B already.

$AAPL got a death cross on the 50 Day MA crossing down through the 200 Day MA on Friday.

The last time $AAP...

$BTC TOP 20

Finally starting to see some weakness now and a firm rejection at the previous high at $69k.

The price was able to run as high as $73.7k but on the retest of the $69k level, it rejected and on the 1hr chart, we are seeing a loss of support on the 50 and 200 MA, and even a retest of the 200 ...