The Long Investor

$AAPL TOP 20

I am watching $AAPL very closely here....it has not jumped on the bullish train today just yet and is still battling to breakout of its 200 Day MA resistance level at $183.60.

A flip of this level to support and I will add a position here to catch the run up to complete Wave 5.

Bullis...

$ABNB TOP 20

$ABNB is again looking interesting here, bounced for the second time on the 200 Day MA and is moving to test of the $155 level again, what we are looking for is a breakout of this level and a retest to confirm for support. 

I will be adding again if we see this happen to catch the next...

$ZS - RC -

Beautiful completion of Wave 3 here exactly at the 1.618 Fib level and price fell down to the between the 0.38 Fib and 0.5 Fib and has bounced since and back up to the 50 Day MA, it is not clear whether Wave 4 is now complete just yet as this has moved very quickly but it is worth keeping an eye ...

$TOL - WATCHLIST -

$TOL has been on our watchlist since last summer and continues to move beautifully through this Wave 3 and continues to make higher highs and higher lows and is on track to hit our Wave 3 target at the 1.618 Fib at $137.

No changes to the chart of course, the bull case and impulse wave are ...

$DAL

I can not ask more of $DAL than what it is doing right now.

Making higher highs and higher lows in a controlled manner, above the 50 and 200 Day MA and Wave 2 held at the 0.5 Fib.

The next big test will be getting above the red line at $42.72 and there I believe it is free to move a l...

$RIVN

$RIVN is down -21% now in the PM after reporting a less than impressive earnings report and reduced their production numbers for the year.

The market has not responded well to this and analysts have all cut their price targets for $RIVN to between $13-$22.

$RIVN has not made a lower l...

$CELH - WATCHLIST

$CELH gave us the retest of the channel yesterday and is performing well in the PM now along with the market.

A new higher high here and this will continue its journey back up to the top of the yellow trend line and drift towards our Wave 5 target at the 2 Fib at $83.

$SQQQ

$SQQQ is down a whopping -5% in the PM now due to the $QQQ being up nearly 2%....this is why we have not said it is time to buy the $SQQQ just yet because if you get in too early and the market rips higher, you will be heavily penalised here....which is what is happening now.

Counting chart...

$YINN

7% up to finish the day yesterday, +4% up in the PM now....this is following the HSI very closely.

Remember this is a leveraged 3 X ETF on the Chinese shares, and until we get a clean breakout of the HSI channel and a retest, please be aware of the risks here, there is a lot of upside so wa...

$BOTZ ETF - WATCHLIST -

$BOTZ ETF has now made a higher high in the PM now after $NVDA's performance yesterday.

There appears to be a lot of runaway upside here from this ETF and everything is moving in the right direction now.

Price is above the 50 and 200 Day MA, higher highs and higher lows.

The pul...

$QQQ TOP 20

Like clockwork, the $QQQ hit the 0.38 Fib on $NVDA earnings day, they delivered with a stellar performance and Subwave 4 now for me looks complete and we are into the final Subwave 5 of Wave 5 now.

Trending above the 50 and 200 Day MA now and the wind will be behind the market for the next ...

HSI

HSI has got the follow through today and this is now above the 16600 green line again and and just slightly raising its head outside of the channel.

This has been moving very well here and the last hurdle now will be a clean breakout and retest of the yellow trend line from above.....if the...

$TSM

I expect $TSM to follow $NVDA and $AMD higher next as this momentarily stall has been resolved from a strong earnings beat from $NVDA.

Wave 3 remains at the 1.618 Fib at $166 and I expect $AMD to move with this too.

CEO of $NVDA has said that demand still outweigh supply right now, so...

$AMD TOP 20

$AMD is enjoying the fan fare after the $NVDA earnings beat, $AMD has had a tough two days, as the market was shaking leading up to the report.

But it is up +2% in the AH now and holding the blue line too.

The price action broke down and up and back down out of the wedge, trading side...

$AFRM

$AFRM is moving in a controlled manner and through our count right now and has recently lost the 0.38 Fib for Wave 4 but the 0.5 Fib is just below and this is also our First Target so it is a strong confluence level.

So I am keen to watch if the price can hold support on this level at $32.<...

GOLD - SAFE HAVEN -

Gold is just sitting on the 50 MA on the weekly chart now, waiting for the go ahead from the market to breakout and go into the Bull Case, this is incredibly slow moving so it has all the time in the world to wait.

i believe when the US markets top out and we see firm indications of rejecti...

$FSR

$FSR is in serious trouble now, it has lost all supports and there is no supports that I can find below the price right now.....apart from the death zone of zero. They have still not announced when their earnings will report and the market was expecting it this week. They have also been given not...

$GOOG TOP 20

I like $GOOG, the bulls are fighters and normally stays under the radar and proceeds strongly.

Hold of support on the yellow line so far and bounced back to the 50 Day MA today.

It is still too early to say that this is out of trouble now with $NVDA reporting later, holding this posit...

$NVDA

The big earnings report is due in less than 3 hours now.

The main cause of the market running over the last year has been due to the hype around AI/Semis and Tech in general and $NVDA has so far delivered on their hype by reporting blockbuster revenue growth and justifying their attraction....

$BABA TOP 20

$BABA performing better than the broader market today and again we can put this down to the positive movement from the HSI.

Working its way through its Right Inverse Shoulder now and we'd like to see a move up to the red neck line at $77.80.

This will be an important level to flip to ...

$YINN - WATCHLIST -

$YINN is showing a breakout in the PM now and up +8%, it is also breaking above the 50 Day MA here too.

A breakout and hold above $17.80 and $YINN is showing the first signs of a reversal.

Remember this is a 3 X Bull ETF, so it must come with a disclaimer, as the HSI has not held abov...

$LI

$LI is looking like the first Chinese EV to start its recovery and it deserves it if we are all being honest.

Their execution has been miles ahead of $NIO and $XPEV, so seeing it move more positively first, is not a surprise.

I have added in the primary impulse wave here, as there has...

$BIDU

$BIDU, HSI and $BABA are mimicking each other lately as they all wait for the go ahead to break out and reverse, they will likely all move together when the HSI holds support above the critical 16600 level which we have been monitoring very closely.

My Impulse wave remains the same here, th...

$QQQ TOP 20

You have got to love these Fib levels.

Price action has moved down in 3 waves for Subwave 4 to the 0.38 Fib yesterday and held there on the day that $NVDA will report earnings after the close today

So a positive report from $NVDA today and it saves the market again and we'll get our l...

$NIO TOP 20

$NIO held support once again on the $5.83 blue line yesterday and recovered nicely and showing a bounce in the PM now, likely due to a strong performance from the HSI.

Getting above $6.28 remains the important level for me, to get us out of this consolidation range, which we have been in si...

HSI

So we got the ascending triangle breakout today and the breakout above the yellow channel above 16600 that we have been waiting patiently for.

The top hit 16756 today which is a strong show of strength, as we have learnt here in this group, confirmation of support is key to confirm a revers...

$DOGE

Those that feel they have missed the $BTC, $ETH, $ADA and $SOL runs might be looking elsewhere to catch the other smaller coins and $DOGE could benefit from that now.

A breakout of the small bullish channel and a hold on the 200 Day MA, means this is in a good position to move to the upside...

$ETHE

You can buy $ETH or $ETHE, whatever works for you but both are mirroring each other as they are effectively the same thing.

Another Cup and Handle formation with a run up to the top blue line expected later on in the year to $47.

What is becoming clear is that many people believe that...

$PANW

Not every company is as strong as $NVDA and the market needs to come to terms with this.

Just because a company is in the AI and Semi sector, the hype will only carry you until earnings and then reality bites, earnings needs to deliver to justify the hype

"Palo Alto Networks Inc. ...