The Long Investor

$SPY TOP 20

The last 24 hours have been a ride, many will want to forget about it quickly but I believe we have taken the right approach to this pull back and the vast vast majority of people have embraced it and can see the opportunity ahead of us in our group.

I can not see any other group, or charti...

$PYPL TOP 20

As with $SOFI and a number of other popular finance stocks, $PYPL is hurting today and is in the middle of the two important Fib support levels.

We must expect a test of the 0.78 Fib at $59 before support can be confirmed and/or expect a reversal.

There is also another factor now, the...

$VSCO

Clothing companies that make their products in Asia, particularly Vietnam got murdered today and the share price was unforgiving.

All gains since the hold on the $17 level have been erased and a lower low has been made here too.

Price is now moving down to the blue support level again...

$BIDU

On this chart it is barely recognisable that the markets are under enormous pressure right now.

The price is just sitting on the 200 Day MA now $89.90, having flushed down to the 0.78 Fib at the opening but has held well throughout the day.

$BABA has had moments of being green today t...

$NVDA

I think it is clear that the dominant count right now is the corrective wave happening for the Mega Caps and the US market.

$NVDA is approaching the $100 level now and the impulse wave would be under pressure and invalidated under $93

$AMZN, $GOOG and $NVDA will be my prime targets t...

$DELL

$DELL is down -10% and moving to the .618 Fib at $76.

This would be a standard pull ABC level under normal circumstances, below this level and I believe there is weakness and that is understandable right now

So levels to watch out for next if the $76 is not held is the blue support li...

$OSCR TOP 10

The PM is turning a darker red for the market as Americans are waking up and wondering if this was all a dream but unfortunately not.

Trumps reciprocal tariffs are incorrect and based on false pretenses and the market does not like it.

But we will take advantage of this mess by grabbi...

$NKE TOP 10 & TOP 20

At what level would you be comfortable at accumulating here?

My number is $50, right in between the 0.618 Fib and $0.78 Fib, the obvious test is the $46 level but I think the entire market can see this level and anticipating it now.

The psychological level of $50 is important here 2025-04-03 10:56:41 +0000 UTC View Post

$BTI - SAFE HAVEN -

I brought this to your attention again last week because there is still more upside and has a +7.2% dividend too.

Price is showing a rare green in the PM too at +2.2% and I believe there is still a +15% upside left from this standard move back up to the top blue line at $47.

$ONON

In a very similar situation to $LULU, in that they also make their clothes in Vietnam and the share price is down -14% in the PM now.

I would expect both of these companies to put pressure on the Vietnamese government to make a deal with the US quickly or they will have no choice but to mov...

$TLT - SAFE HAVEN -

Yields are going down, Bonds are going up.

$TLT is now at its blue support/resistance line and is green today.

The 200 Day MA is just slightly higher at $92.70, a flip of this level to support and the bull case is triggered.

Wave C then comes into play too.

+3.6% Dividend ...

$GOOG TOP 20

Exact same plan here as with $AMZN, approaching the 0.38 Fib at $148 now and below its blue support line, a hold on the blue line and we could see a bounce for Wave B next but certainly be greedy now for support confirmation before jumping in.....we have just seen how weak $AAPL is and it is alre...

$AAPL TOP 20

$AAPL is now looking very weak, down a whopping -7.5% in the PM now which is a colossal amount for the largest traded company in the world.

A lower low has been made and this is below the 0.38 Fib too, so there is weakness for a standard Wave A pull back and this could go as low as the 0.5 ...

$ETH

No changes to the chart here and why is that?

Because $ETH has already completed a harsh ABC correction and below its 200 WMA and wedge trend line, so it has completed a strong pull back already.

The downside risks however have not changed either, the 0.78 Fib may be needed as suppor...

$LULU

$LULU is taking a big hit today and it has been a very difficult week for $LULU, they guided down during their earnings release last week and now Trump has announced a high tariff on imports from Vietnam, where $LULU makes their products.

-11% in the PM on this news too.

Price is alre...

$BTC TOP 20

Still holding relatively well against the market but I do not believe this is sustainable and a rejection below the 200 Day MA is possible next and a drop to the 0.38 Fib at $73.2k is likely next and again to complete Wave A at the standard support level.

We can also see that a death cross ...

$SOFI

Still has a higher low, still above the 0.5 Fib and still above the 200 Day MA.

A lot of finance positions will likely take a hit today as the market factors in an increased likelihood of a recession due to these tariffs and that will affect borrowing.

A recession slows down the eng...

$BABA TOP 20

With potential tariffs of +54% on China, $BABA is only down -2.8% and the market realises that $BABA is very dominant in Asia and has little reliance on the US, so it is not heavily affected by these absurd tariffs.

HSI is only down -1.5% and $BIDU is down -2.3%.....all of these figures I ...

$AMZN TOP 20

We have been all over this and something I am very happy about.

A rejection under the 200 Day MA, failure to hold on the blue line and now the price is testing its lower low breakdown level now and coming very close to the 0.38 fib at $181.

This is where I expect all Wave A levels to ...

$QQQ TOP 20

$QQQ chart is almost identical to $SPY and the commentary, price is also testing the 31st of March low too now and we can see that the 0.236 Fib aligns with the impulse invalidation red line at $447 too, meaning we can rule out Wave 5 and the Melt Up scenario below this line, so that is clarity f...

$SPY TOP 20

Yesterday we spoke about the Bull and Bear Case options depends on how aggressive Trumps announcements will be and quite clearly he went in aggressive, a total of +54% Tariffs on China is absurd.

Especially when his method of calculation has been revealed to be misleading and quite frankly ...

$HIMS

I am liking going to have a lot to cover today so I will prioritise charts and commentary that need it the most but it is a good start to share the $HIMS chart and observe that very little has changed here, price is just slightly below the 0.618 Fib and is still above the lows from the 31st of Ma...

$NVO - WATCHLIST -

$NVO is not a weak company, it is a strong sector leader, with a ground breaking product and undervalued both fundamentally and technically now while being under the 200 WMA and with this Wave A falling as low as the 0.618 Fib at $66.

I believe at the very least a relief bounce will come an...

$LYFT

$LYFT is testing the 50 Day MA from below now which is just under the descending wedge breakout level at $13, so if this level can be flipped to support than the only barrier left is the 200 Day MA which is only slightly above that again at $13.40.

Therefore above this confluence at $13.40 ...

$QQQ TOP 20

Trump is expected to speak in the next 30 mins so all eyes will be on the market and the $QQQ too

The $SPY chart commentary is both relevant here too so if you did not get a chance to read this chart uploaded earlier too then I suggest you take a quick look before Trump speaks.

Bull C...

$VST

A lot of people were looking for this in Jan because it was moving fast and but it was in a clear Wave 5 move for us, with waves overlapping and finishing in an ending diagonal Wave 5

So we added in the ABC correction count with Fib support levels

Wave A has been strong and fell as lo...

$VSCO

Slowly showing signs that the bleeding has stopped as the price holds above the large white 0.887 Fib at $17.62 and the smaller green 0.78 Fib too.

We do have a higher low once this price continues to hold

A hold here and we start to see the beginning of a new impulse wave, with a hig...

$BABA TOP 10 & TOP 10 - WITHOUT EWT

A simple Cup and Handle formation, with a breakout at $121.45

A retest of this level, the same retest we saw on the $HIMS and $PLTR charts before they went parabolic this year too and the implied move is up to $176

It must be said that this does align very well with Elliott Wave Theo...

$PLTR TOP 20

The $PLTR weekly chart is exactly what you would expect from a price action rejecting at the Wave B level and moving down Wave C now.

The RSI and MACD painting clear pictures now of the downward trend and are not showing that support is looking likely soon here.

The 0.618 Fib and the ...

$TEM

Another retest of the $44 level this week and so far holding and has made a higher low but there is still weakness now, a drop below the 0.618 Fib during a pull back and I always suggest you be greedy for support confirmation, so you will want to see $44 be confirmed as a double bottom and streng...