The Long Investor

$ONON

Looking very bullish now and looking on track to test its 52 Week at $37 very shortly.

This has looked very nice since breaking out of its wedge and with the 50 Day MA about to cross through the 200 Day MA, I expect the move to continue as expected and we get a move up to the 1.618 Fib, at ...

$ABNB TOP 20

Another higher high today and 52 Week high and now above the $155 level at $157.

As always we look for a breakout and retest of the level to confirm the support and when this happens, it's a buy signal for us to add.

This continues to move comfortably and with a hold above $155, I see...

$CELH

Beat on earnings and up 9% today after an impressive breakout from its channel and beautiful retest and hold at the breakout level at $61 and now at $74.

Firmly in Wave 5 and proceeding to our Wave 5 Target at $83.

This is the standard Fib level to run to and can proceed higher and th...

$AMD TOP 20

Channel breakout today and up 6% so far, structured channel holding above the blue line at $164 and the 50 Day MA has caused a clean breakout today.

Holding above $185 now as a new support level and this can proceed higher to our Wave 3 target at $220 as expected at the 1.618 Fib.

$PYPL TOP 20

I like how $PYPL has been moving, slow and under the radar as a lot has been going on in the market today.

The price action has tested the 50 Day MA from below today, which was also above the red wedge line, it has not broken above the 50 Day MA just yet. The 200 Day MA is also just above t...

$YINN

Amplified pull back here compared to the HSI due to the 3 X leveraged position but moving as it should and we spoke about this in the upload yesterday, a retest of the 50 Day MA...which has not come yet or a retest of the wedge breakout level at $16 is ideally what we want to see, so this was a g...

$IWM

Ascending triangle forming here on the $IWM chart and the level to break above is $205.

$IWM overall has been moving bullish after breaking above the blue line at $198.

The impulse wave remains in tact and there is a notable difference of this chart compared to the $SPY and $QQQ.
W...

$XBI - BIOTECH ETF -

$XBI has been running very well this up and up 16% for the month of Feb.

Once $XBI broke out of its channel and retested the breakout level, the price action got the green light to bounce and it has bounced hard.

This sector had been beaten down over the last 2 years but showing stron...

$AMZN TOP 20

$AMZN continues to behave differently to $MSFT, $GOOG and $AAPL, mainly due to the fact that it has not made a new ATH yet.

An impulse wave in this set up is unlikely going to finish below the blue line, as this would imply that the move has been a corrective wave since its low at the start...

$ABNB TOP 20

$ABNB is still moving in the right direction and it is getting tight into this ascending triangle now.

The $155 level remains the important line to flip to support for this to move higher to our Wave 3 level at $182.

Any break down out of the triangle and $ABNB may be getting pulled w...

$SHOP

$SHOP appears to be following $MSFT, $GOOG and $AAPL right now, after topping out at our Wave 5 at the 2.618 Fib and rejecting quite hard.

I have added in the ABC correction to see how it can potentially look for the next 6-9 months here and it appears to continue to follow their Mega Caps ...

$GOOG TOP 20

$GOOG is starting to really struggle now and there is every possibility that we have started the Wave A correction right now, as the price is currently sitting on the first Fib level at the 0.236 Fib at $137.

If support is not held here then we can expect a test of the 200 Day MA just below...

$NIO TOP 20

Further to my TLI chat message, we can see that $NIO is really struggling at its 200 MA on the 1hr chart and the exact rejection at this level yesterday and at the blue line at $5.83 has not helped its performance today.

Chinese ADRs are also in a sea of red today too, $XPEV also hurting al...

$COIN

Wave 5 target has also hit, which was at the 2 Fib along with $BTC, so let's see if the price action can continue pushing higher.

The 2.618 Fib is next at $249 and we won't talk about the 3.618 Fib just yet.....which would be absurd.

$COIN has been an excellent exposure to crypto and ...

$ETH

This has been a monster move from $ETH and I am glad to see it in Wave 3 and nowhere else.

We know the top is coming as moves like this are not sustainable but the hardest thing for holders is sticking with it until there is a rejection and believe me, I have been thinking about it too.

$FSR

Nobody scare it.

$FSR has moved from $0.52 to $.70c this week with the lead up to their earnings tomorrow.

I am not adding or selling here because for me the risk is too high....they need to post a strong and positive report to help their situation, no slip ups will be tolerated from ...

HSI

HSI has been moving positively since the 9th of Feb and has been testing the break out of the channel this week.

We can see here that it is forming a triangle leading into a potential break out too.

Pull back today and holding on the 50 MA on the 1hr chart too....so although there is ...

$DELL - RC -

$DELL has been flying under the radar but it has had a fantastic 15 months, bouncing from the $31 level on the 0.618 Fib and moving cleanly through this Wave 3 now to the target at the 1.618 Fib at $111.

There appears to be 20% still left on the table here to the Wave 3 target or you can wa...

$PSTG - RC -

Earnings after the close tomorrow.

It's hard to see this moving in any other direction then its current trend right now, unless there is a massive surprise that the market is not aware of.

The price is cleanly in this yellow upward channel and above the 50 and 200 Day MA and continues...

$ZS

Making a full recovery from this Wave 4 pull back which held the 0.38 Fib nicely.

Earnings are due out on the 29th of Feb too, so a positive report and we get the continuation again up to our Wave 5 target at $290 - $311

No changes to the chart

$CVNA

What a breakout this has been for $CVNA and what a year. 

From $3 to $82 in one year.

Second target seems inevitable here too at $90.

I am not sure who go on this but the ascending triangle was well structured, it remains my favourite bullish set up.....which is why I like ...

$MSGS - RC -

Has been caught in this yellow channel since the Covid Low and it is not a certain whether or not it will break out of it again at the next test at $217, so I have added in the WXYXZ count if the consolidation continues.

Bulls however will like that the recent pull back has held on the 0.61...

$YINN

$YINN is bubbling. 

This could move very quickly to $27, to the 200 Day MA if HSI has a strong move this week.....$BIDU earnings report tomorrow could be the trigger.

But please be mindful of this ticker, its 3 X leveraged, I do not have a position here, I prefer to hold $BIDU an...

$ONON

We got a pull back and it was shallow to inbetween the 0.236 - 0.38 Fib levels and has bounced to a higher high now.

We can not rule out a full retest of the wedge line happening, we can see that the 200 Day MA is right on this wedge breakout area and the 50 Day MA is coming up from above a...

$SE TOP 20

$SE the upward movement continues and right now the price is above the 200 Day MA and coming close to our blue line at $48.40, which was the previous high from October, it is critical that the Bulls get above this blue line and convert this level to support.

Earnings are due on the 4th of M...

$ETH

$ETH keeps pushing higher so we need to reassess.

I had originally used the Waves 1 and 2 in the White Circle to find the 1.618 Fib level at $2933.

But I believe the price has action has followed the 1.618 FIB level taking from the Wave 1 and Wave 2 that I have shown here with the gre...

$BEAM

$BEAM is also up +11% now in the PM and is on a fast track route to our 1.618 Fib for Wave 3 at $45.90, the PM level has brought this up to $40 so far.

Massive massive beat on their earnings report.

EPS beat by 350% and Revenue beat by a whopping 825%, so this PM move is justified and...

$ZM

$ZM is up +8% in the PM now after a double beat on earnings and a surprise 23% beat on EPS.

Leading up to earnings, the share price had fallen all the way back to the final support Fib level at $60.70, so they needed to beat convincingly from this report or $ZM could have been in trouble. 2024-02-27 14:24:23 +0000 UTC View Post

$TSLA TOP 20

Higher high now from $TSLA in the PM, which moves this nicely up our Wave 3 projection to the 1.618 Fib at $215.

The EV sector enjoyed some green yesterday, with $LI having an extremely good day, up over 18%, which is now the front runner of the EV sector in terms of recovering, something ...

$BABA TOP 20

In the PM now, $BABA has broken through the green resistance level and is moving up to the Inverse Head and Shoulders neckline at $77.

For me, this is the important level to flip to support for the bulls.

A successful hold of support here and $BABA can move higher next, with the Chine...