The Long Investor

$PLTR TOP 20

I do not blame anyone for starting a position in $PLTR at the moment, especially if you are using a DCA strategy and intend to buy more if it moves lower to the 200 Day MA or even better to the 0.618 Fib at $12.

$PLTR has pulled back in a controlled manner and I believe it is close to compl...

$NKE TOP 20

$NKE is struggling to find its feet and was not able to hold the 0.618 Fib so I believe it comes down to the next Fib level at $96 next to try and find support....we can also see that the 0.78 Fib is very close to the historical yellow support line too, so this would be a very strong confluence l...

$INTC TOP 20

Many might believe that $INTC has not been moving with $AMD or $NVDA but we can see that they moved ahead of the sector and got a very aggressive move from November until the end of the year in their Wave 3, so although it did not move as aggressive last week, it needed to blow off some steam for...

$F TOP 20

The main area of interest here will be holding the 0.618 Fib at $10.74 and the blue line which is just slightly below at $10.40. This is where the bulls need to defend to show us that this is the start of an impulse wave.

A failure to hold here and we are back into the buy zone and $F is on...

$DIS TOP 20

Many people disregarded $DIS because there was only 10-13% gain on the table here but we need to remember that a low risk gain is always better than a high risk 20-30% gain with an even bigger downside risk.

$DIS has moved as expected and held the 0.38 Fib, held in the flag and now has brok...

$COST TOP 20

Another shallow pull back but this is expected more in Wave 4's but not as much in Wave 2's but we can see that the 200 DMA and the 0.236 Fib were there to offer support and this confluence level was enough for the market to pre empt this move and start adding in early.

Comfortably into Wav...

$QQQ TOP 20

$QQQ gave us the shallowest pull back, only to the 0.236 Fib and bounced, the price did not even test the 50 Day MA either.

We can see that the price action also tested the ATH blue line and took off.

$NVDA lead the market this week and $AAPL held support on its 200 Day MA and ...

$TSLA TOP 20

Big week for $TSLA ahead, it has lost over 25% in only a number of weeks and Elon is once again under severe pressure.

How many times have we seen this happen?

At the end of the day, earnings will trump everything and if its a beat with not much damage done to their margins then $TSLA...

$MSFT TOP 20

$MSFT is up there in the $GOOG category of best behaved charts.

$PYPL TOP 20

The bulls could not have done any better over the final days of this week if they tried.

We expected some resistance at $64 and we said that we needed a catalyst to help break through this level.......and we got it, the CEO came out swinging, saying $PYPL would 'shock the world' on the 25th...

$BTC TOP 20

I uploaded this during the week to show that the price action has been working its way down to the 0.38 Fib which is the standard Wave 4 level at $39,700, so a hold at this level and we have our next leg up top complete Wave 5.

$BTC went bullish with the market at the start of November too,...

$BABA TOP 20

Healthy finish to the week for $BABA but it still remains at the hands of the Hang Sang Index and unless that can show signs of reversing, $BABA is still in a delicate position.

That being said $BABA is generating a lot of attention online now, strong debates for and against for $BABA.

$GOOG TOP 20

$GOOG I have said for the last 12 months is one of the best behaved stocks, it is incredibly strict on the Fib levels and is up there with $COST and $ABNB as the easiest charts to read....and $BTC.

Which is why we took advantage of its pull back to the 0.618 Fib at $132 in December when $AM...

$AMZN TOP 20

It still amazes me how $AMZN is so far below its ATH line at $188 while the other Mega Caps (tesla exception) and the market is pushing to their top lines.

This has been one of the main reasons we have been bullish of $AMZN for the last 13 months and why we have taken advantage of any signi...

$AMD TOP 20

$AMD has gone quite parabolic this week as it stretched for its ATH line at $164 and even went to $174 during the week.....this Wave has been relentless and impressive and members who have been here since the summertime and have bought when we did will be sitting on some strong gains here, some u...

$ABNB TOP 20

Has given us a double bottom on the 0.5 Fib now and consolidating now so there is a strong argument that the pull back is complete....just like on the $AAPL chart, a double test of an important support line should be enough for us.

The one variable is that the price is still below the 200 M...

$AAPL TOP 20

Last weekend we said that $AAPL was the most obvious buy for the week ahead after holding support on the 200 Day MA and doubled tested the level too, which also fell in between the 0.5 Fib and 0.618 Fib....that should be enough for anyone to see in order to make a buy....it did as expected and bo...

$TLT - SAFE HAVEN - WATCHLIST -

I love charting $TLT, $DXY, $BTC, US 10 YEAR etc because they strictly follow counts and respect Fib levels.....the larger the Market Cap for a company too, the more reliable their counts are in respect to adhering to Fib support and resistance levels.

There are no changes to this chart now...

$COIN - RC -

Pull back here has been strong too after a very aggressive run in November and December....and in spite of over $100 Million worth of shares sold by insiders, this was still getting pumped.

The pull back can not go lower than the 0.618 Fib at $114.67, otherwise this is a breakdown.

A ...

$DXY - IMPORTANT NOTE -

Dollar index bounce here looks like it has a hit a major barrier at the 200 Day MA and the 0.5 Fib level.

We can also see that the 50 Day MA has passed down through the 200 Day MA which is a bearish indication which may have contributed to the bullish end to the week.

A full rejection...

$CELH - WATCHLIST -

Strong pull back yesterday but I am not seeing any concerns here but a retest of the 200 Day MA and this is where we have had Wave 4 set for the last few months.

A hold at the 200 Day MA at $50.50 and this could be an excellent opportunity to buy and hold until Wave 5 completes at $82.

$CLSK - RC -

Still drifting down towards the 0.78 Fib here but we can see that the 200 Day MA is waiting at this level too so this is shaping up to be a strong confluence level at $5.57 now.

Crypto coins and companies are experiencing a pull back now after running very strong over the last 3 months.

$SOLUSD

Still no breakout of this triangle yet but the price has managed to hold on the 50 Day MA so far, the price also has not pulled back to the 0.38 Fib yet so this is not a chart I am considering starting a position here unless there is a stronger pull back.

That is why I added to $ETH yesterd...

$ADAUSD

$ADA is not showing signs of reversing to the upside just yet but it is still staying above the 0.5 Fib and just above the 0.38 Fib right now at $0.51c.

A hold here and we could start to see a move up next, getting above the First Target would be a bullish sign and a move back up to the Sec...

$JETS

If buying $DAL or individual stocks is not your thing then maybe consider the $JETS ETF which looks very similar to $DAL right now too.

I don't think the pull back is done just yet but it has managed to hold the 50 Day MA at the moment so this is worth monitoring, otherwise a pull back to t...

$LULU - WATCHLIST -

My main watchlist at the moment is $ABNB, $PLTR, $CURE, $DAL, $LULU and $AMD when it finally decides to give us back some value which may not be for awhile now.

$LULU is moving down nicely but found support on the 50 Day MA and retesting the blue line from below now....a rejection here and ...

$ETHUSD - ADDING -

Second test of the 0.618 Fib now and the yellow line which is the top of the channel.

From a technical point of few, we could not ask for a better set up here to move higher.

The price has also bounced well on the 0.618 Fib, I think I will add a small amount here to catch the next mov...

Important note.

I make 450 charts a month and in about 300 of these charts I will say:

'The price needs to breakout and hold this level'

or

'Confirmation of support and hold'

or 

'This Fib levels needs to hold to confirm Wave ...

$DAL

$DAL moving extremely well and getting close to the 0.618 Fib, we can see that there is support so far around the 0.5 Fib but the price action is still below the 50 and 200 Day MA so there is still a risk of the price coming down a little lower still.

I have added in the provisional waves n...

$PYPL TOP 20

Today and yesterday could not have gone any better if we we drew the price action ourselves.

Blasting through the $64.11 level and above the 200 Day MA.

What I am watch for here is that the strong pull back to $56 at the start of the week was in fact Wave 2 completing......because it ...