Stocks and crypto will push your patience to the absolute limits....nobody is immune from feeling this pressure, it is how you behave in these moments that will separate you from the novice investors to the experienced and successful investors.
The key is not to get triggered.
The mar...
2024-01-26 17:24:29 +0000 UTC
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$SE is just raising its head above the red trend line that has been a difficult resistance line for $SE since October.
For some reason, $SE is heavily linked with Chinese stocks, so a turn around in Chinese stocks may have a positive effect on Asian stocks in general.
The $40.60 level...
2024-01-26 17:16:06 +0000 UTC
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We spoke about this possibly happening yesterday.
$BTC has held where it needed to hold and bounced today and we are not surprised in this slightest by this.
Crypto miners have reacted positively to this too.
I believe $ETH will also react positively to this
If we get a se...
2024-01-26 15:52:47 +0000 UTC
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I alerted in the TLI Chat that I have started a position once the price broke above $144, as we saw multiple holds above the 50 and 200 DMA on the 1hr chart at $140.
So I have provisionally added in an impulse wave but it can not be confirmed until this Subwave 1 is complete, for now, I hav...
2024-01-26 15:48:02 +0000 UTC
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We expected more from the Innovation Day announcement but we got a vast improvement on the product and I spent some time yesterday going through the details and I believe it is certainly a step in the right direction.
They are being active and addressing the concerns of their customers and ...
2024-01-26 15:41:30 +0000 UTC
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$PANW has had a monster few years...the price was at $41 in March 2020 and now at $340.
The market appears still bullish and there is still some distance to go to the 1.618 Fib at $409.
There is a large gap between the price action and the 50 and 200 Day MA now and this is usually fou...
2024-01-25 22:12:29 +0000 UTC
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No changes to the $NVAX chart, the price has lost the wedge bottom line and is on a fast track to the bottom blue line at $3.56 was was the 2020 low before Covid broke out.
We can see that $PFE broke below its Covid Line too so it won't be a surprise to see the same thing happen here too.
2024-01-25 22:05:33 +0000 UTC
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$TSM has lagged $NVDA, $AMD and $INTC but it looks like it is having its moment now.
Our Wave 3 target has not changed at the 1.618 Fib at $166 and the price action has cleared the top blue lines now and comfortably in the Bull Case.
The price is also above the 50 and 200 Day MA now, ...
2024-01-25 21:58:37 +0000 UTC
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$BTC is just sitting on the 0.38 Fib now, holding the level it should be holding to complete Wave 4....it has been a delicate hold so far for $BTC and momentarily lost the level but immediately recovered it.
The 0.5 Fib is still a possibility below at $36,880 and the 200 Day MA is moving up...
2024-01-25 21:49:19 +0000 UTC
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$INTC have just released their earnings and although it was a beat, their guidance is not in line with what the street expected and the share price is down -7% in AH right now.
This brings the price action exactly down to the 50 Day MA and incredibly close to our Wave C target to complete W...
2024-01-25 21:41:03 +0000 UTC
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8% move so far over the last 11 days and we can see that the price action is testing the 200 Day MA from below now, after successfully getting above the 50 Day MA and holding a strong support on the 0.78 Fib at $70.
A flip of the 200 Day MA at $77.50 to support and OIL is in a strong positi...
2024-01-25 21:34:19 +0000 UTC
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Well that did not take long whatsoever and the earnings report has catapult this towards our top blue line at the Wave 3 target.
The chart was showing that the market was bullish leading up the earnings and the market was correct.
Firmly in Wave 3 here, so holders should continue to h...
2024-01-25 21:24:45 +0000 UTC
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I am watching how this wedge has been forming here for $ONON.
The support line has been in place since the start of 2023 and has held 4 times here.
This line also keeps the price action above the blue line and in the bull case too.
So a break down from this wedge and the last su...
2024-01-25 21:20:52 +0000 UTC
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It is worth seeing where the buy zone came from.
It is the historical support and resistance level since $NIO IPO'd and is a level we have considered to be undervalued with a margin of safety.
We can see from the blue line where $NIO showed support and resistance between this area bac...
2024-01-25 18:30:19 +0000 UTC
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$OXY bouncing again in the Buffett Buy Zone, price of oil has also started to slowly drift higher too, both are closely correlated and our charts are showing that oil will move higher over the next 12 months too.
Buffett has been relentless buying in this zone over the last 12 months.
2024-01-25 18:18:37 +0000 UTC
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We spoke before about possibly adding $SPY each day to our regular uploaded list but I don't feel there is a need when it moves so controlled like this.
The 200 Dma on the 1hr chart has been acting a support level for the last month and has behaved as a springboard to move this higher.
<...
2024-01-25 18:14:06 +0000 UTC
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Here is a quick look at what PayPal is planning:
- A revamped checkout process, letting customers log in with their face or fingerprint.
- Fastlane, a one-click guest checkout system.
- Smart Receipts, which will let customers track their purchases and uses artificial inte...
2024-01-25 17:39:53 +0000 UTC
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$DAL looks like it is starting its move after holding our Wave 2 level, we can see that the price action has jumped to the 200 Dma on the 1hr chart and has not flipped this level yet, on the daily chart the price is just above this the 200 Day MA at $39, so $DAL is at an important point now.
<...
2024-01-25 17:33:31 +0000 UTC
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$TSLA missed on earnings and the street did not enjoy the earnings call either....in fact, Elon went on the offence and the sound bytes taken from the Call were generally about how well the Chinese build EV cars.
Inverse Head and Shoulders was not protected by the bulls and $TSLA is sufferi...
2024-01-25 17:28:09 +0000 UTC
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'Innovation event' is expected to be begin at 1230 EST, so in about 10 mins time.
We can see that the price is holding above the wedge and above the 50/200 DMA on the 1hr on this chart, this is also the 200 Day MA on the daily chart too.
So the price is holding an important level and ...
2024-01-25 17:22:25 +0000 UTC
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$RIVN, $TSLA, $NIO, $XPEV, $LI, $FSR, $PSNY, $BYDDY, $LCID are all struggling right now....no company is exempt from the EV sector selling pressure.....so it is our job to take advantage of the sector decline and look at companies that are still performing well (fundamentally) and add or start po...
2024-01-24 22:43:15 +0000 UTC
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$NET has been moving quite well and just made a slightly higher high this week and holding so far above the yellow line in the Bull Case.
I am particularly attracted to the Wave 2 hold here in November, which held exactly at the 0.618 Fib at $53.
Our Wave 3 target remains the same at ...
2024-01-24 22:37:11 +0000 UTC
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I am highlighting this Healthcare ETF again because it should be of interest to many of us and I believe this ETF will do well for the next 2 years.....more and more of our members are keen to map out the next 2 years and build their portfolio around strong stocks or ETFs and I really want to enc...
2024-01-24 22:17:33 +0000 UTC
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Something appears to be brewing with Copper, managing to test the 200 Wk MA 3 times over the last 3 years and potentially a 4th time and comfortably holding support while making higher lows.
If this continues we could start to see $COPX start to drift up to $42 next to test the smaller asce...
2024-01-24 22:04:38 +0000 UTC
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Starting to see a bend in the price action now and a test of the 50 Day MA, I would like to see the price lose this support and come down further, we can see that the covid low line cuts through the 0.38 Fib at $125, so a retest to at least here would suffice for us to complete Wave 2.
I ha...
2024-01-24 21:47:47 +0000 UTC
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For those who felt they missed the $SQ run from $38 to $80, the pull back is giving you a chance to either start a position or add to your position.
I have added in the impulse count now as long as support is held either on the 0.5 Fib which is at 200 Day MA, or the 0.618 Fib atr $54 which ...
2024-01-24 21:37:00 +0000 UTC
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10 YR has been battling to hold above the 200 Day MA which is also where the 50 Day MA is too.
We do not want to see this move too much higher if we want $SOFI, $PYPL and $SQ to start moving higher.
I have added in the potential resistance levels, the 0.38 Fib and 0.5 Fib at 4.4% is o...
2024-01-24 21:30:28 +0000 UTC
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Hang Sang Index went very close this week to losing the October 2022 low....losing this level would have opened up a world of pain for Chinese stocks and ADRs, so it was no surprise to see policy makers come out aggressively this week to try and save the market.
We can see on the $BABA and ...
2024-01-24 21:24:46 +0000 UTC
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I am not a fan of these set ups but we can see how popular they have been, especially on the $META chart where people continue to buy as the trend is drifting up within a tight wedge or megaphone pattern that looks incredibly delicate.
$NFLX's decision to increases prices and crack down on ...
2024-01-24 17:59:28 +0000 UTC
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$PLTR is just not a buy for me right now as it rejected three times at this red line at $18.40.
I believe $ABNB looks more bullish as it held the 0.5 Fib twice but has still only bounced in 3 waves so far.
I am willing to wait for $PLTR to either break out above this level or pull bac...
2024-01-24 17:48:01 +0000 UTC
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