The Long Investor

$FSR

$FSR is still stuck within the position of breaking out of the downward channel but still underneath the large wedge that it was in for the last 2 years.

$1.70 still remains the level we want to see broken, this will mean we will get a new higher high and will put us back into the wedge. 2023-12-18 20:44:13 +0000 UTC View Post

$NIO TOP 20

I am just adding what I am observing here, $7 level has held twice now, with both attempts at $7 showing strong support at this level, so we can consider that $7 is a fortress and a double bottom pattern is likely here.

Above is a conservative projection for the next 10 months and we will n...

$UPWK - WATCHLIST -

Ok this should be on peoples watch list:

 - Wave 2 held the 0.618 Fib at $10.14

- Wave 2 move down in 3 waves.

- Price is now above the 50 and 200 Day MA

- Price is about to test the Bull Case line and previous high at $15.88

- A break above this level and holds...

$MNST - RC -

Monster Beverage has been in the Top 5 best performing stocks over the last 25 years and they continue to innovate and gain market share.

Their marketing of sports events and their can designs have been exceptional to attract young adults and gym goers, their strong move to sugar free drink...

$FUBO - RC -

Requested chart here too but folks there is no need to request a chart when it is following my projection perfectly.

There is no changes to this chart and clearly moving up in 5 waves.

Just because there is a pull back for Wave 4 does not mean anything has changed.

Please only r...

$HD - FORMER TOP 20 -

$HD has broken out into the Bull Case now after breaking out of its wedge, we highlighted this possibility last week, so there is no changes to this chart, the First and Second Targets remain the same.

$HD is giving the same look as $COST here, so a hold above the wedge trend line or a rete...

$ADAUSD

$ADA has been declining with $BTC and I don't believe this has found its short term bottom yet.

It is in no mans land here between the Second and First Target and trending downwards, so I would not be surprised to see this move down to the First Target again.

I can see 5 waves up from...

$NIO TOP 20

We needed a catalyst and we got one today.

Massive vote of confidence from CYVN today to invest a further $2.2 Billion into $NIO and now account for 20% of $NIO's holdings. Although this was a dilution and giving up share of the company, it means CYVN have also become a large shareholder an...

$QQQ TOP 20

My commentary for the $QQQ is almost identical to that in the $SPY and on the $AAPL chart.

Price action is very close to its All Time High line here too, only $3's away....I suspect there will be some resistance at this level too and this is also not a bad thing either.

The market nee...

$SPY TOP 20

$SPY is fastly approaching its All Time High Line at $479, a far cry from $409 only a few weeks ago, a lot of people are talking about the extraordinary run during this time and these are not normal times and this is not typically how markets move.

That being said Wave 4 was longer than nor...

$TSLA TOP 20

Very nice response from the bulls this week, held the Subwave 4 level and above the 200 Day MA and bounced well, also bounced above the ascending triangle level too at $247 and made a new high aswell.

These are bullish indications and a run up to our Wave 5 level next at the yellow trend li...

$PYPL TOP 20

i upload $PYPL quite regularly so I think we are all comfortable with the plan here.

We got a very bullish week for the market and the finance sector and $PYPL was able to enjoy some of this momentum, our Wave 3 target hit exactly and it immediately started its pull back for Wave 4.

B...

$PLTR TOP 20

$PLTR bulls continue to buy any dips and the price continues to hold above the 50 Day MA, I do not think this is in Wave 3 yet at all, so it is possible that there can be one more leg up again to complete Wave 1 but Wave 2 has not come in for me yet.

So the chart continues as shown, losing ...

$NKE TOP 20

Best thing about my Weekly Top 20 upload is that there is very little for me to update most weekends as our charts move as projected and it makes my life a lot easier.

Wave 1 here is showing the importance of letting your stocks run until they are ready to pull back....$NKE has been moving ...

$MSFT TOP 20

We wanted to see $MSFT pull back this week we have seen that, the 0.38 Fib level has been at $361, the price action has got as low as $363 so it remains to be seen whether or not the price will kiss the 0.38 Fib before bouncing next for Subwave 5.

The 0.38 Fib is the most commonest level to...

$INTC TOP 20

$INTC has been enjoying itself out there lately and generating a lot more positive talk about their progress from analysts, which has not been seen for the last 2 years.

$INTC can still compete with the best in the market but still need to evolve faster to catch up with $AMD and $NVDA but I...

$GOOG TOP 20

$GOOG has just held the 0.618 Fib at $133.50 for the week, there was very little movement in either direction and we are still waiting for the price action to break above the 50 Day MA at $135, once this level is flipped to support, I believe that $GOOG is into Subwave 3 of Wave 5 next.

I h...

$DIS TOP 20

I have said to put this on your radar for the last 2 weeks, as the price has held the 0.38 Fib at $89 very well and also the 200 Day MA. The price has jumped to $94 this week and I believe this is in a strong position to move higher once again.

My Wave 5 target remains at $102, so there is ...

$COST TOP 20

$COST has had an amazing week and beat all expectations....they also increased their dividend payment to $15 per share which was on top of their earnings beat.....Charlie Munger would have been very proud of this performance....it is also one of our favourite charts of the year.

Very close ...

$BTCUSD TOP 20

We said during the week that we expect another leg down from $BTC to 40k and this is what we are seeing now.

A lot of cryptos are letting off steam after running very aggressively over the last 6 weeks.....the market could do with doing the same too.

$40k remains the Subwave 4 target ...

$BABA TOP 20

Chinese financial stimulus package certainly helped $BABA this week and at the perfect time too to intervene.

The price was struggling on the 0.78 Fib at $71 and although dropped slightly below and into the Buy Zone, it only managed to stay in this zone for a few hours on 2 days and bounced...

$AMZN TOP 20

Bullish breakout from its wedge this week and we highlighted this last week too.

$AMZN also got a number of increased PT's this week too with a number of analysts calling it their top pick for 2024.

The bullish wedge also meant that a breakout was likely and that happened comfortably<...

$AMD TOP 20

$AMD has been in the right place at the right time and continues to push out positive bullish news and the market is loving it.

The bounce and chart now although appears great for holders, the bounce is not built on solid foundations, it needs a pull back or the structure is looking delicat...

$ABNB TOP 20

$ABNB continued to push higher towards the end of the week with the bullish euphoria from CPI figures and the FEDs dovish approach.

We can see that the price action is pushing towards the 3.618 Fib now which is quite extended from Wave 1 and 2, so I won't add until there is a pull back here...

$AAPL TOP 20

$AAPL managed to make a new All Time HIgh this week on a very bullish week for the market and all caps.

But finished the week just below this $198 line.

I would be surprised if this line offered no resistance to be honest.

Price action needs to flip this level to support first i...

$MP - RC -

Last time I uploaded this chart I said to watch for support on the 0.887 Fib at $15.52

It has managed to find support on this level which was also the channel support line too.

The price is above the 50 Day MA now but I still need to see more to say that a reversal is happening now. 2023-12-16 19:23:07 +0000 UTC View Post

$CROX - RC -

$CROX has managed to hold support on its Covid 2020 support line that hit a low in June 2022 too.

It looks to be forming a very large wedge here shown in green.

My count remains as the dominant count here but lets see if the bulls can break this out of the wedge at $130 and push this ...

$NVTA - RC -

I have not uploaded $NVTA since the 22nd of May and there is no changes to this chart since then, I said back then that the price would move down to the First Target and needed to hold at this level.

So far it is doing this but really struggling to stay above this level.

However, late...

$PSNY - RC -

$PSNY has done something this week that it has not been able to do since June 2022, it has raised its head above the very long yellow trend line.

The price did not hold above this level but managed to stay at the line into the close.

A break above this level at $2.46 and holding above...

$PINS - RC -

$PINS has been labeled by some Wall Street analysts as their pick for 2024 and it immediately reacted positively to this news but what I like most about this chart is what happened in May 2023.

The controlled pull back in 3 waves for Wave 2, held the 0.618 Fib extremely well and bounced in ...