The Long Investor

$SOFI

$SOFI's impressive bounce on the 0.618 Fib has done a number of things:

- It has allowed me to bring our Wave 3 target forward a few months

- I have provisionally removed the corrective waves down as the 0.618 Fib for Wave 2 held and did its job.

I think the last big hurdle for ...

$NIO TOP 20

$NIO day was a success, for design, tech and infrastructure and they made a significant impression on the global EV market with the ET9.

I am particularly interested in how the market digests the inhouse chips they are developing that are on pair with $NVDA's processing chips for autonomous...

$TSLA TOP 20

$TSLA has been moving in the direction of our green impulse wave since November and the bulls have been stepping in, the mother of all battles is about to take place at the yellow trend line.

This has been a resistance line since 2021, so breaking above this level will be very bullish for $...

$NKE TOP 20

We waiting patiently for $NKE's pull back and it arrived with a bang!
Although their earnings were a beat, they lowered their guidance for next quarter and said to expect a 1% growth for 2024.

The market took advantage of this, that being said, the pull back was due and we were waiting f...

$INTC TOP 20

$INTC signed a $25 Billion investment deal with Israel to expand their operations there for 'favourable' conditions.

I suspect $INTC got a very lucrative and tax advantage deal here considering the climate there at the moment.  

Our Second target looks like it will hit very short...

$DIS TOP 20

$DIS has been drifting down towards another test of the 0.38 Fib level again ay $90 where the 200 Day MA is waiting patiently here too to offer support....making this a strong confluence level, to add to this, the 50 Day MA is coming up from below to offer further support and both MA's are gettin...

$COST TOP 20

$COST hit our second target after beating on earnings and increasing their dividend in a surprise move which pushed this even higher....holders must be very happy with $COST here.

We can see that the 0.38 Fib is at $599, this is the standard level we set for a Wave 4 pull back and rejecting...

$AMD TOP 20

$AMD has been showing some signs of slowing down but we are still not seeing any meaningful pull back yet that would entice us to add here.

The previous high at $132 will be an important level if the price can pull back here, if this level is lost then we will be watching for the White Fib ...

$MSFT TOP 20

Could $MSFT be the next one to make a move like $AMZN and $GOOG?

If $MSFT breaks above $377 then a higher high is made and Final Subwave 5 of Wave 5 is triggered for me.

I believe there is 10% available at the very least here, I have Wave 5 going to the 2.27 Fib at $411 but we are see...

$QQQ TOP 20 - 6 YEAR PROJECTION - SAFE HAVEN -

I forgot to add this to our Safe Haven collection to prepare us for the pull back next year.

Both $SPY and $QQQ charts are now added to the Safe Haven collection.

We will be keeping a close eye on their Wave 5's first.

$GOOG TOP 20

$GOOG has gone perfectly here for us since our buy on the 0.618 Fib at $133.

It held support on this level for a week, even recapturing the level and holding, happy that this was a secure support level and we added again.

The price has since broke above two trend lines and made a high...

$BABA TOP 20

We have seen some nice movement over the last 10 days since hitting $70.

On the 1hr chart we can see that the 50 Day MA has been moving very quickly up to the 200 Day MA and both moving averages are getting very tight here......as we know, when they get tight here, a direction will need to ...

$BTC 6 YEAR PROJECTION.

Wave 2 has done its job, it is always the hardest Wave 2 hold through too but what we always say is:
'If you can hold through Wave 2, you deserve Wave 3.'

$BTC looks very bullish here for the next few years.

$SOLUSD

From $7 to $118 is extraordinary and pushing the limits of the Fib levels, the absolute limit for me would be the 4.618 Fib at $130 and as we know, I have yet to see a stock go above this level without a pull back first.

Although the run has been crazy, the Wave count has not, it has logged...

$PLTR TOP 20

I think we need to call it that we are in Wave 2 here now.

The price rejected at the yellow line, which confirms the lower high, it has also struggled to get back above the 50 Day MA and Wave 1 extended to the 3.272 Fib at $21.63 (we also just saw that $ABNB also extended to its 3.272 Fib f...

$PYPL TOP 20

Weekly chart here to provide some context because I think everyone is aware of the price action in the red descending wedge right now.

$64.13 needs to be broken first and then the very important $66.64 level on our blue line.

This is also a:

- Strong resistance/support line

$ABNB TOP 20

Another company I am going to rinse and repeat as long as it follows this strict structure.

It has been an excellent profit maker for us this year and I intend to keep going with this.

Pulled back eventually at the 3.27 Fib at $149 and hit $139 on Friday.

Look at where the 50 an...

$AMZN TOP 20

One of my best buys of the year was getting $AMZN at $118 on the 26th of October.

For anyone who has been here for most of the year, especially after June, I said I was buying $AMZN regardless of what would happen if it hit $120 or below and after the outstanding earnings report in August, ...

$AAPL TOP 20

Remember what we always say?
$AAPL holds the key to this market.

It hit its All Time High Line before the $SPY did and has already pulled back in a nice controlled manner.....observe the RSI too, it was in the overbought territory and now declining rapidly.

This is good to see and ...

$SPY TOP 20

$SPY gave us an historical EOY rally which surprised everyone with how much force it had, on the brink of near collapse in the last week of October, to pushing to new all time highs into the last week of the year, it has been a turn around for the ages.

RSI hit 86 on the 14th of Dec, furthe...

$ETHUSD

Long term projection here for $ETH and I like how it is looking now for its next bull run, having comfortably completed Wave 2 in June 2022 and has been slowly drifting up since then.

I do not think the big moves have started yet and I like how this has been lagging $BTC, money will rotate ...

$BTC TOP 20

Platform forming on the 1hr chart on $BTC, which is putting this in a good position to push higher for Subwave 5 of Wave 3 once its breaks above the Subwave 3 level at $44729, this will be the trigger that Subwave 4 is in and next stop is at $50k for Wave 3.

Any rejection at the $44720 leve...

$WULF - WATCHLIST -

Is $WULF next to pull a $MARA, $RIOT and $CLSK?

The chart is showing many bullish indications and this is starting to look parabolic.

Price is now above the 50 and 200 Day MA, with the 50 Day moving swiftly up to the 200 Day MA for a bullish cross.

If this does move like the ot...

$X

What is amazing about this chart is that just before the Japanese announced they were buying X, the price was right at the channel trend line at $35, the news broke and this broke out, jumping from $35 to $50.

Maybe people were aware that this was going to happen or the Japanese company cou...

$ROKU

$ROKU is getting the pull back we anticipated, we have Wave B pulling back to the bottom trend line at $80 but lets see how it handles the 50 Day MA first and the 200 Day MA below potentially that is also drifting higher. 

So there is a number of support levels that this can hold at in...

$INTU - RC - WATCHLIST -

I am not sure why this is requested again because there are no changes to this chart but it is worth showing it again, considering how bullish this chart is and how well this is moving up our Wave 3.

I see very little in the way of resistance up to our blue line which was the previous high ...

$SOXL - RC -

$SOXL a 3 X Leveraged Semi ETF.

Why did Nancy Pelosi spend millions on $NVDA CALLs this week?

Maybe she can see how bullish the Semi's charts are.

$AMD, $INTC, $NVDA, $TSM all remain bullish with considerable upside and $SOXL looks the same.

Above the 50 and 200 Day MA he...

$CELH - RC - WATCHLIST -

$CELH chart is looking good here, we got our pull back and is now sitting on the 200 Day MA as support, this would be the ideal area to bounce and start moving higher for Wave 5 next.

The trigger you should be looking for is a break above the 50 Day MA at $53.50.

We can see that the 5...

$SKX

$NKE guided lowered yesterday and there is a concern that they are losing market share too faster moving apparel companies like $SKX, $LULU and $ONON.

I expect $NKE to respond and continue to be the market leader but that being said, it is encouraging for these companies to see them grow. 2023-12-22 20:02:56 +0000 UTC View Post

$ZM

$ZM may not be done here completing Wave 5.

It has moved sideways since the 8th of Dec and although it has not made a higher high, it has been able to hold up very well and we can see that the price action already tested the 0.38 Fib, which is the standard pull back for Wave 4....so there i...