The Long Investor

$TLT

$TLT giving a perfect ABC pull back here, initially holding at the 0.38 Fib, bouncing and rejecting to the 0.236 Fib and now making a lower low, enroute to the 0.5 Fib at $91.50 or possibly lower to the 0.618 Fib at $89.39

Watch both of these levels closely, a hold at these levels and this ...

$COIN

I think we are getting a Subwave 2 pull back here from $COIN now and I have added in the white fib levels to show where support can come to complete Subwave 2 of Wave 5.

$COIN held the green 0.618 Fib level at $114 which was our blue line and bounced extremely well....had CPI came in on est...

$HD - FORMER TOP 20 -

$HD is the new $COST chart for me.

Wedge break out and moving up our projection and making higher highs and higher lows.

Again a retest of the 50 Day MA at $348 or even better, a retest of the wedge break out level at $335 and holding, then this is a buy to take advantage of the next ...

$TSM - OPPORTUNITY -

If $TSM presents you a price at the blue line or the 50 Day MA around $110, this is a screaming buy and an opportunity that you should take full advantage of.

$TSM is already undervalued, which is rare to say for a company in this sector right now and we believe this is in Wave 3 too with a...

$JBLU

Carl Icahn, who is one of the best activist Investors to ever exist has been buying up $JBLU when it dipped and we do not blame him.

He saw how undervalued $JBLU was and the quality of their brand and was not happy with their mismanagement of the company and has come in now to make changes ...

$QQQ TOP 20

$QQQ and $SPY have been moving in sync which we highlighted at the weekend, so both Subwave 3 and Subwave 4 were at the same level and now reacted together.

The 0.618 Fib is at the 50 Day MA now at $412, so this should be a level of interest for us and a confluence level, support here and S...

US 10 YEAR

US 10 YEAR got the catalyst it needed to get a bounce on the 200 Day MA, so I have added in the ABC count now in amber, I suspect it will continue higher but a rejection at the 0.5 Fib or 0.618 Fibs at 4.4% or 4.54% will come before moving down lower.

A sticky inflation count delays the Fed...

$SPY TOP 20

So CPI came in hotter than expected and the market threw the toys out of the pram in a fit of rage....or was the $SPY hitting a trend line, where we had Subwave 3 and needs to pull back now for Subwave 4 as we were showing before it can move higher to complete Subwave 5 or Wave 5?...Both are prob...

$AMZN TOP 20

I am not sure how I missed my favourite companies chart yesterday but here we are.

Price has been testing the top yellow trend line which has been in place since the start of 2023.

We could see the price action just glued to the top yellow line for the next few weeks but ultimately I ...

$XOP - RC -

Oil and Gas ETF here that is looking like every other Oil and Gas chart right now and no different to $OXY which has not changed either.

$XOP is in a very long wedge here and moving up, down and around the 50 and 200 Day MA.

The price can continue through this wedge but ultimately a d...

$CP - WATCHLIST -

I need to bring this back to your attention again because $CP is testing its breakout level now too at $85.50 today.

A break and hold above this level and the price action is into the Bull Case and Wave 5 is looking good to complete at least to the 1 Fib at $113.

This is our 6th compa...

$SQ - WATCHLIST -

Remember $SQ is heavily linked with $BTC because of its $BTC holdings.

When it bottomed at $38, not only was it undervalued at that level, it also reversed when $BTC decided to run high in Wave 3.

$SQ is up +3% today, exactly the same as $BTC and it just needs to get above its 50 Day ...

$DAL - WATCHLIST -

$DAL is looking strong here, very strong.

Price held the 0.5 Fib twice on the large primary wave and the subwave now.

Price is also above the 50 and 200 Day MA, with a golden cross too.

There is also no earnings in the way now to move higher...

The red line is the next big...

$ABNB TOP 20

$ABNB has gone just 6 cents short of testings its 52 Week high from July '23....I suspect this will be tested shortly again.

Earnings are out tomorrow after the opening and earnings do tend to trigger this stock if it is a positive beat and it moves very well to the upside.

I have mad...

$ETHUSD

$ETH has been moving strong and back out of the channel now again and moving in sync with $BTC's bullish move today too.

$BTC also passed the $50k mark today too

$ETH remains on track to reach its Wave 3 target at the 1.618 Fib at $2933.

$ONON - WATCHLIST - HIGH PRIORITY -

$ONON has just raised its head above the yellow trend line today, so we want to see this level flipped to support next at $30.10

The First and Second Target have been on this chart for the last few weeks but today we have added the impulse wave and we can see that the 1.618 Fib aligns perfe...

$TLRY - RC -

$TLRY is still in this downward channel which it has been in since Sept 2022 and not showing any signs of reversing either, just drifting lower.

Price is below the 50 and 200 Day MA, which we had labelled as the danger zone on the chart many months ago.

They have missed on every eveni...

$BERY - RC -

No changes to the $BERY chart either and we can see that the market did not like its earnings last Weds as it reported a double miss.

The price also rejected trying to break and hold into the Bull Case, so the projection now is favouring the Bear Case down to our Wave C target.

Bulls ...

$ORCL - RC - WATCHLIST -

$ORCL has been on our watchlist for some time now and you can see why from the chart.

First of all there has been no changes to the chart and it is comfortably moving up Wave 3, after recently breaking out of the bull flag and above the 50 and 200 Day MA now too.

A break above the yel...

$FOUR

$FOUR chart has not be uploaded for awhile so here is an update for holders and there are no changes.

Moving within our ABC count and I particularly like how it held the 0.618 - 0.78 Fib in November and has bounced very well, out of the bull flag and forming an ascending triangle here.

$SE TOP 20

$SE has just filled its First Small Gap now, a gap left behind since their earnings report in November, this is certainly progress and puts this in a good position to move higher to take on the larger earnings gap from August.

Where it all went wrong for $SE.

Next previous high for $S...

$NIO TOP 20

$NIO has just made a higher high at the opening which has not been able to do for some time.

Back into the buy zone comfortably now and a move up to the $7 resistance/support level would be a big achievement for the bulls now this week.

HSI is closed for the next few days too, so this...

$SOXL

$SOXL is a 3 X leveraged Bull ETF for Semiconductors and it has been awhile since I last uploaded this but no changes here, it still has another $11 to go to reach its Wave 3 target at $50, so there may still be more to go in the short term in the Semi sector.

This is a leveraged ETF so ple...

$SPY TOP 20 - IMPORTANT NOTE -

I added a very important note on the $QQQ chart about how to use the safe havens and when to buy into them, so please take the time to read the commentary.

The commentary under every chart is everything I see on a single chart so taking the time to read this will help you and understand wha...

$QQQ TOP 20 - IMPORTANT NOTE -

$QQQ is at our Subwave 3 level and running in sync with the $SPY chart too and I will show you next that $SPY is approaching a resistance level which was been in place since the low of October '22.

I am not seeing any signs of reversing yet so I do not see any need to pivot any of our posit...

$TSLA TOP 20

$TSLA is showing mix signs right now.

50 Day has crossed down through the 200 Day MA but the RSI and MACD are showing a positive response and signs of selling easing.

On the weekly chart, it is still looking quite bearish but we know the weekly indication has a lag on it.

It rem...

$PYPL TOP 20

$PYPL did not give us the victory lap we were looking for this week post earnings but there was a strong performance and response on Friday and finished up 5% for the day.

We needed $PYPL to find support after sinking on Thursday and support was found on the 0.618 Fib at $57....it is absolu...

$PLTR TOP 20

$PLTR made the move of the week and rose over 45% post earnings, the EPS was a beat by 5.7% and the revenue beat by 0.9%....nothing too impressive but their guidance and Karps flair got the market very excited and you can see on the chart from the volume made that day was its highest day ever. 2024-02-11 18:50:34 +0000 UTC View Post

$NKE TOP

$NKE declared a 0.37c dividend this week and the market liked it....price bounced out of the drift down danger zone to a lower Fib and regained the 0.618 Fib and may make an attempt to test the 50 and 200 Day MA above at $107.

Flipping these levels to support will be a massive win for the b...

$MSFT TOP 20

$MSFT is just above to test the upper limits of the normal Wave 5 range now at the 2.618 Fib at $424....it can of course go higher than this and as high as it likes but lets remember it is going into extended territory then.

The 3.618 Fib at $461 has been added here and this would be quite ...