The Long Investor

$NKLA - RC -

Another chart request here too and there are no changes, it has broken out of this very long wedge and remains above the previous low and holding our blue lines for support, so our potential Targets above remain the same. It has been consolidating sideways for the last few months and may continue...

$LLY - RC -

No changes to my $LLY chart, it has tested the 4.618 Fib level a number of times now and our members will know that this Fib level is a formidable resistance line and will take a pull back first before it can be broken out from....even $NVDA has not been able to break above this level.

Both...

$ADBE - RC -

$ADBE has been following our impulse projection all year and I think it will continue moving higher with the market to its All time high line at $700.

Pulled back over the last week but I believe this is only an opportunity to add before going higher.

$DOCU has also been linked to a t...

$DLTR - SAFE HAVEN -

Dollar Tree is another safe haven like Dollar General that will likely perform very well during a market correction.

The price has jumped from $103 to $133 since we started charting this but what we will be looking for is an entry point for the end of Wave 2.

The price has bounced on ...

$ADAUSD

$ADA has just dipped below the $0.62 level and lost the 50 Day MA on the 1hr chart so no buy for me at the moment here while support has not been found.

The 0.5 Fib has been tested so far, so this is a level I'll watch and the 0.618 Fib is slightly lower at $0.59c and we can see the 200 Day...

$FSR

$FSR seems to be doing most its work in the PM and AH trading and then reports a modest move during the live session.

I have no issues with this as long as it continues to move in the right direction and there are a number of things I am happy with here:

- A rounding out around the $1...

$DAL

I like $DAL and I like airlines stocks but $DAL has jumped 40% now since the wedge trend line and the 0.618 Fib and has not even turned back for a wave goodbye yet....as much as it is still attractive, I can't add here until I see a pull back.

It has broken through the 200 Day MA nicely, so...

$BABA TOP 20

$BABA is starting to make its move and we are seeing a number of bullish indications and positive news flows from China too.....the largest ever recorded Financial Injection into the Finance sector was reported today, this was a real intent from Xi and policy makers that they intend to help the e...

$NIO TOP 20

$NIO is still knocking on the $8 door to try and convert it to a support level, which would also mean holding at our First Target level too.

So far $NIO has been able to report a higher low (barely) but not a higher high yet, if the price can get above $8.28, then I think it can hold above ...

$LAC - RC -

The price of Lithium has been falling rapidly all year and although this is good news for EV companies, not so much for $LAC right now.

That being said, it has worked its way down through the Fib levels of this Wave C and is still trying to secure confirmed support on one of the levels.

$BTC TOP 20

Bitcoin is struggling with the 50 and 200 Day MA's on the 1hr chart, which is why we think there is more to this pull back to complete Subwave 4 before it can go higher to complete Subwave 5 of Wave 3.

The 50 and 200 Day are at the same level and as we have seen lately, when this happens, a...

$PYPL TOP 20

$PYPL is moviing in a very controlled mannered and hit our Wave 3 target exactly at the 1.618 Fib, our Wave 4 level is also exactly at the 0.38 Fib which coincidentally aligns exactly with the ascending triangle top level at $60.20.

A hold at this level and this is a buy signal. 

$TROW - RC -

$TROW got very close to its Covid Low level in October but has managed to ride the bullish wave since the start of November, the price action has also been able to test above the 200 Day MA here too but still below it at the moment, a flip here and next the yellow trend line at $112 and the price...

$TWLO - RC -

A very unorthodox looking chart here with this megaphone pattern, which I believe is a corrective  wave but still moving higher in the short term to our Wave Y level at $92.

The move from $50 to $75 here is very aggressive too, which is a common look in this rally at the moment, I susp...

$NEM - RC -

$NEM has spent the last 2 years in this ABC correction and recently found support on its historical yellow support line in between the 0.618 - 0.78 Fib levels.

It was also in a descending wedge leading to this this point too, it has bounced well and has broken out of its wedge, a break abov...

$F TOP 20

Stocks hate staying in the buy zone, regardless of peoples opinions and macro concerns on many stocks, when a price is undervalued, it attracts buyers....value hunters prioritise revenue and margins over opinions.

Bulls will want to see $F hold above the yellow trend line again at $11.60, i...

$INTC TOP 20

Another follow through by $INTC yesterday and continues to perform with a lot of strength after bouncing on the First Target, looking like very little will get in its way to move higher now to the Second Target.

Hitting the Second Target will mean a 100% gain since March this year.

$ONON

Very nice move yesterday from $ONON, it had pulled back during the week and found support between the 0.5 - 0.618 Fibs and assisted by the 200 Day MA and bounced.

Making a higher high and a higher low.

Moving well here through our Wave 3 and on course to go to the standard 1.618 Fib a...

$DNA

$DNA consolidated for almost 2 months on the 0.887 Fib at $1.20's and has done well here to hold this level.

Price decided to wake up today and bounced very well and went above the 50 Day MA and testing the 200 Day MA now.

The impulse wave is still valid as a new low was not made and ...

$MSFT TOP 20

Are we surprised to see $MSFT just doing exactly as it should and making its way to the 0.38 Fib in the most controlled and structured manner?....no.

In what looks like its 3rd wave down for Subwave 4 here and we will be watching the $361 level closely for support.....holders here should co...

$FSR

A few volatile days for $FSR and what a appears a very nasty Stop Loss raid just under $1.40 yesterday....it only went down to $1.35, so it was less than 5%......nobody should be setting stop losses less than 5% so I hope many did not get caught here....that being said, it has recovered nicely an...

$TSLA TOP 20

We said the $TSLA bulls needed to step in yesterday and they have done that very well.

Recaptured the 50 Day MA very quickly and this Subwave 4 managed to not infringe within the Subwave 2 area, this is a bullish look for $TSLA.

I am still leaning on this to keep moving higher to our ...

$BABA TOP 20

So far $BABA is showing a double bottom on the $70 level and has since regained the 0.78 Fib level at $71, broken above the 50 Day MA on the 1hr chart and back into the wedge now too....what we want to see is a hold within this wedge now.

$72.60 is the wedge trend line, so although I am bul...

$IWM

Continues its impressive form here and has gone right up to our blue line which has been a resistance level all yer at $199.

We can see that the $SPY and $AAPL are getting close to their ATH lines too, so everything keeps pushing higher....some mega caps are struggling today which is probab...

$NIO TOP 20

$NIO needed this bounce today and went straight back up to the First Target again at $8.

Yes it did not follow through from there yet but it is safely away from the danger zone at $7 and again, an attempt to hold above the 50 and 200 Day MA's again at $7.52 would be a sign of strength.

$PYPL TOP 20

This is not witchcraft or crystal ball stuff, this is price action respecting Fib levels and the 1.618 Fib level is one of the most reliable levels we use to find Wave 3's.

$PYPL hit $64.13 exactly at the opening today and it was great to see, pulling back now as the euphoria resides. Wave ...

$XPEV - RC -

Wave B was short but bounced in 3 waves and Wave C pulled back to in between the 0.618 - 0.78 Fib, all very normal counts here.

What the bulls will like here is the descending wedge here which is a bullish formation, we can see how effective the ascending wedge was in Wave 5, it was perfect...

$PLUG - RC -

I have been following $PLUG in the background for some time here and we can see here that this has been in a very long tightening wedge here dating back to May 2021.

What is of particular interest to me here is how our First Target aligns perfecting with our the 200 Day MA on the weekly cha...

$COIN

Outrageous show of strength from $COIN lately and broke out of its ascending triangle too yesterday.

Wave 3 remains at the 1.618 Fib, as absurd as it looks we need to respect what the chart is showing us.

A lot of insider selling at the moment so even they believe that the price is ov...

$SOFI

$SOFI and $PYPL have finally joined the party, they needed the conditions to be right and yesterday presented a number of a positive catalyst that allowed them to break above very important resistance levels..

$SOFI has struggled with our blue resistance line at $8.24 since August.

I ...