The Long Investor

$INTC TOP 20

$INTC is making its move.

It was one of the 7 stocks we highlighted at the start of the week that is looking bullish.

$ONON, $DAL, $INTC, $ABNB, $CELH, $COIN and $SQ 

All of them have moved up this week and moving very bullishly. 

Target remains the same here for...

$ABNB TOP 20

Normality has resumed.

Earnings dump looks like a stop loss raid now and all losses from the earnings have now been recovered and the 50 Day MA came to the rescue just above the 0.618 Fib.

My plan remains the same, add when there is a break out and hold above the $155 level.

No ...

$ONON - WATCHLIST -

$ONON has just taken off.

It has broken out of the wedge cleanly and now above its previous high from Mid December.

$37 is the 52 Week high here and the next level to watch.

A retest of the wedge is becoming increasingly unlikely as it pushes higher....Bulls are saying they do n...

$TSLA TOP 20

$TSLA has now formed an Inverse Head and Shoulders pattern.

Bulls are stepping in to stop the carnage below from happening.

It has just been revealed that Elon now owns 20.5% which is up considerably since his last update. I think this is a good move for $TSLA and Elon, taking back mo...

HSI

HSI has since made a higher high and higher low since finding support on the 0.618 Fib on the 5th of Feb, when Chinese policy makers started getting aggressive with supporting their market.

Big test next will be getting back above the 50 Day MA at 16169, this will at least indicate to us th...

$UPWK - WATCHLIST -

Solid earnings reported yesterday with a double beat and the share price jumped +9% leading up to earnings and is up +3.5% in the PM now.

Above the 50 DMA again now and we may see another tested of the $16 level once again....this has been a tricky resistance level to breakout of so if it d...

$AAPL TOP 20

Same chart as I have uploaded for the last few months, we are still in Wave 5 and we have not topped out yet.

The price is at the 200 Day MA right now in the PM and we can see since October that the price action has lost the 200 Day MA 3 times and regained it quickly to move higher.

B...

$DAL

I am going to be covering this chart very closely now while I have started a position and like this bullish set up.

I alerted yesterday that I bought and that I would consider buying again above $40.95, which was the previous high level, a hold now above here, which looks good so far, so I ...

$NIO TOP 20

$NIO can't afford anymore slip ups now, there has been a drastic reduction in chatter and support for $NIO over the last 3 weeks....which is maybe a sign that capitulation has happened and losing the $7 support level was a big turning point for the Bulls and a lot of people sold, these are normal...

$ETHUSD

The march onwards to the 1.618 Fib at $2933 continues and we are getting close now at $2800

There is no need to rush to sell or trim yet as there are not signs of this reversing or rejecting just yet.

There may likely be one small pull back before going higher to complete Wave 3 too.<...

$COIN

What a response from $COIN on the 0.618 Fib at $114 and now at $159 after jumping 13% today.

If $BTC jumps, then $COIN does the same.

Nearly 40% gain in 1 week here, from simply holding support where it needed too, coupled with the $BTC rally.

Seems straight forward.

$BOTZ - ETF - WATCHLIST

$BOTZ is very closely to breaking above $30.30 to trigger Wave 3 confirmation and move up to our Wave 3 target at $58.

The 50 Day has also crossed the 200 Day MA for a golden cross and I am really impressed with how the pull back in October hit the 0.618 Fib exactly and bounced at $22.28. 2024-02-14 20:08:09 +0000 UTC View Post

$JETS

$JETS has started to make its move today too, along with $DAL, we can see clearly here too that the 50 Day MA has given us a golden cross through the 200 Day MA as well.

I do prefer to buy market leaders instead of an ETF but buying $JETS is just as good as buying an individual airline stoc...

$SQ

$SQ bouncing 4% today as if yesterday did not happen.

Held support very well on the 0.38 Fib yesterday too and has moved well with $BTC's bullish move earlier.

A break above the 50 Day MA here at $69.25 and it is game time.

No rush here until a break out

$OXY

Earnings report is out after the close today

Big question is, will Buffett and TLI be correct here and we get a move up to start Wave 5 today or will this break down from the Buffett BUY ZONE and test the bottom of the wedge at $52 next?

Buffett is known to heavily influence managemen...

$DAL

I have started a position in $DAL now.

Reasons:

-It has formed an ascending triangle = bullish formation

- Pull back held the 0.618 Fib and the smaller pull back held a higher low at the 0.5 Fib

- It is moving in an impulse wave.

- Price is using the 50 Day MA for su...

$XRPUSD - RC -

Overall $XRP is still moving sideways with a slight slant higher but remains disconnected from the two leaders, $BTC and $ETH.

Price is still below the 50 and 200 Day MA.

This was once in the Top 3 leaders in the sector.

Bulls may come back when they believe there is value avail...

$DDOG

Reported earnings before the open yesterday, overall it was a beat but managed to finish the day red with the market.

There are no changes to this chart since the last one I uploaded and I believe this is in an Impulse Wave as long as it stays above our blue line at $120.

PT's have be...

$MGM

Released earnings yesterday after the close and the EPS beat by 49% and the Revenue beat by +5%.

Down in the PM now, likely influenced by $ABNB or both are influencing each other.

This might present an opportunity here to add for Subwave 2 of Wave 3.

I have added in the green Fi...

$BEAM - RC -

$BEAM had a tough day yesterday but there is a lot to be bullish about here.

Price broke out of its long wedge and retested and bounced

Price is above the 50 and 200 Day MA's now

Wave 2 held the 0.5 Fib and bounced

Price has made higher highs and higher lows now

We c...

$NIO TOP 20

The EV sector did not need that reaction yesterday to a higher than expected Inflation figure....the market decided that since EV's are considered a luxury good and a new purchase, high interest rates will delay people upgrading their car and postpone until rates come down....the sector reacted a...

$ETHUSD

One of the biggest surprises for me this year was watching how disciplined Crypto has been to EWT and Fib levels for support and resistance....this bodes very well for the sector and for us.

Since Crypto has very little fundamental influence, it solely comes down to technicals for me and a ...

$BTC TOP 20

$BTC is running fast now since finding support on the 0.38 Fib at $39.7k and is now up over 22% now in 3 weeks.

I have been building up my $ETH position so I have been benefiting from these two front runners during this rally.

$BTC I believe will continue to run up to at least our Wav...

$ONON

$ONON survived yesterday with very little damage, while the market took a beating....finished the day -0.30% down and up +1.30% in the PM now and this price brings the price action above the wedge line again.

$30.30 is the level to hold above now in order to trigger the Bull Case and Wave 3...

$ABNB TOP20

Pump and dump after the earnings report was released after the close yesterday, going from +10% to -4% .

Wedbush has just released their PT in the last 10 minutes:

'Wedbush Raises Airbnb's PT to $160 From $150 After 'Strong' Q4 2023 Results, Keeps Neutral Rating'

The PM...

VIX

Today was a day for Macro charts so we can remind ourselves of the big picture and not one red day for the market.

With the market expecting no Fed rate cuts in March now and possibly unlikely in May, we may not get a cut until the summer, so everything moves further along.

I believe ...

GOLD

Gold is still kept under the $2080 level and with the FED likely to delay Rate Cuts until the summer time now, GOLD should continue to move sideways until the market pivots.

The 50 and 200 MA's on the weekly average are still below the price action right now so the Bulls are still in contro...

$AMZN TOP 20

I highlighted the yellow trend line again yesterday and we can see now that it has rejected at this level, along with the $SPY and $QQQ.

I have added in the green Fib levels now as potential support levels for this pull back and what is immediately obvious?

The 0.618 Fib aligns with t...

$SHOP

$SHOP hit our Wave 5 target at the 2.618 Fib today and rejected hard, in spite of a double beat.

In the last hour, the price has also lost the 50 Day MA too as a potential support level but it has plenty of time to recover this level at $78.32 today.

I have added in the large ABC corr...

$AMD TOP 20

It has been a volatile ride for $AMD over the last 24hrs, initially looking like it was about to break out of this triangle to then rejecting at the top line and now dropping DOWN out of the wedge....we spoke about this at the weekend, that this would be the best outcome for us and the green Fib ...