The Long Investor

$IWM

$IWM continues to move higher and make higher lows and higher highs.

It is testing the 200 Day MA here at $180.50 now, a flip of this level to support would be bullish for small caps here and would put this on course to test the blue line again at $199.

A break above this level and we...

$ZM

We got a number of breakouts at the opening today after a wave of optimism swept through the market.

$ZM even broke above its 1.618 Fib level at $68 and remains above it now, this would be a show of strength if the price can stay above the trend line or the 1.618 Fib now.

In the past,...

$F TOP 20

$F has made it back above the Blue line today after an impressive 5% jump at the openings.

There was a report out today that some EV's are struggling with Batteries and Charging issues so this may have helped $F to break above this level, as they slow down their EV production numbers.

$PYPL TOP 20

$PYPL got its break out above its previous high today and broke above the $60 market today, cooling down slightly now as day traders take some profit but I am happy with the momentum today and making a new higher high.

Subwave 3 target remains the same here at $63 and Subwave 5 is set at th...

$ONON

We have got the 200 Day MA breakout we have been waiting for and the price is up 4% today too.

What we want to see today is the price holding above the 200 Day MA at $28.85, a retest of this level would be even better and holding.

Very happy with how this has gone for us.

$NIO TOP 20

Yesterday was almost judgement day for $NIO, a battle took place and sellers tried their best to bring this down to $7 and break that low support but remarkably the bulls stepped in and won the battle.

Something we have rarely seen lately for $NIO.

I uploaded this 5 min time frame yes...

$RIOT

$RIOT should be on watch for Crypto Fans, $MARA and $CLSK have broken out and moving aggressively up Wave 3 now but $RIOT looks like it is just starting.

It too has stayed above its 200 Day MA and breaking out of the channel now in the PM, a solid hold outside of this channel and this could...

$GOLD - IMPORTANT NOTE -

This is getting very entertaining.

Gold has been driving a lot higher and a lot faster than previous times and getting very close to the $2080 level which has never been broken above.

It appears the market is preparing for a much earlier pivot than expected, many believed this would n...

$SMTC - RC -

Quite a large drop here from $94 down to $16 over the last 2 years and $SMTC is still stuck in this downward channel, in a further corrective wave.

The blue line at $8.83 is the 2002 low, 21 years ago, as it has lost all other supports to this date.

There has been a bounce on this tre...

$TSLA TOP 20

That did not take long, we spoke about the possible wedge breakout at the weekend to move higher for Subwave 5, it has happened today and flipping this wedge trend line to support will confirm that this will move higher to at least our Wave 5 level at $263.

The main area of interest now wil...

$ABNB TOP 20

$ABNB is still sitting on the 200 Day MA and the 50 Day MA and slightly above the 0.38 Fib, so this is a strong confluence level and staying above this level will be important.

It is also in a bullish flag too.

We want to see this break to the upside and complete Subwave 5.

So w...

$FVRR - RC - (REQUESTED CHART)

$FVRR has been moving down its descending wedge for this entire year, consistently posting earnings beats but the market does not appear to be convinced that it is ready to reverse.

The price is testing the 50 Day MA now at $24 and will need to push higher to the wedge line at $25.25 to bre...

$CLSK

$CLSK, like $MARA and $RIOT have all done exactly as we projected and have all moved together, a long with all of our projections for each crypto too.

$CLSK has now doubled since the start of October and has not put a foot wrong from our chart.

Very happy with how this and our other c...

$SKX - IMPORTANT NOTE -

Another stock we have been watching closely for the last few months and have been waiting for it to break above its blue line which was the previous high in 2021.

So if you have missed $NKE, $LULU, $PDD, $V, $BIDU, $MARA, $RIOT, $ONON, $CRWD, $FUBO, $AMZN, $MSFT, $GOOG, $AAPL, $SPY, $ZM, $S...

$SQ

$SQ has just smashed through its 200 Day MA like butter and is up 4% now for the day.

$SQ said today that Afterpay Sellers recorded 70 million transactions during black friday and cyber Monday.

It is safe to say that $SQ is back.

And now back to its 1st of August price again. 2023-11-28 16:00:27 +0000 UTC View Post

$SE TOP 20

4th time now since August that $SE has bounced around this level.

This is of course welcomed but we need to see a lot more now and we need to see the start of the gaps being filled.

First large gap is at $42.50 to $45.75, this would be a good start.

$PYPL TOP 20

Just sitting on top of the 50 Day MA and the 0.38 Fib level, after finding support on the 0.618 and bouncing.

We need $PYPL to make a higher high, so break above $58.55, so it has bounced in more than 3 waves since hitting the low at $50.20.

Once this is done, the risk is off slightly...

$ADAUSD

Cardano has had a slippery few days and managed to form a larger wedge but continues to make a higher low and keep strictly along the bottom trend line of the wedge.

Crypto stocks have performed well today and $BTC is having a positive today too.

A lot of smaller coins are really at t...

$AMC - RC -

It is difficult for me to see a support level for $AMC after losing the historical blue support line at $10.

The price has also rejected at the blue line when it tested it again at the start of November.

This is not a good sign for $AMC....the price may continue to drift down this wed...

$BABA TOP 20

Moving down as $PDD moves higher. Looks like $BABA will continue down to the wedge trend line at $73 to test support at this level.

I will interested to add at this level, as our count is showing that small wave 5 (v) will complete and this level and this wedge line would make it a confluen...

$MARA

$MARA is moving like clockwork.

Following our count and once it broke above the 200 Day MA and firmly found support, it has taken off.

No changes to our chart here and looks good to keep moving up for our Wave 3 target at the 1.618 Fib at $14.15.

Very nice move here since findin...

$SHOP

$SHOP continues to push higher and in record breaking time, fueled by a strong holiday sales performance and higher focus on online sales.

I have circled a very small pull back around the 10th of November, this to me can not be regarded as any real pull back but buyers keep stepping in.

$GOLD

Gold continues to drift higher towards our bullish projection target at $2088, a level which it has never gone above before.

A rejection here and it may not have another chance of breaking above this level for another year, which is what happened in 2020, 2021 and 2022.

However, a bre...

$PPD

$PDD smashed their earnings reports with Revenue doubling for their Third Quarter, an impressive show of strength.....and our chart was showing that the market expected a big beat leading up to their earnings too.

I uploaded this a few days ago again to show that $PDD had made a new high an...

$NIO TOP 20

$BYDDY 48300

 $TSLA 16700

 2023-11-28 12:28:43 +0000 UTC View Post

$VIX

The $VIX is comfortably in the blue line range now where the markets has been enjoying a bull run, I believe there is still more downside to go until this bull run is over and Wave 5 is complete, so far the market is really enjoying this time of low 'volatility'

If you solely took your read...

$MELI

$MELI keeps pushing higher and although we set Wave 5 at the 1.618 Fib, which is normally the Wave 3 level, we can see that $MELI has been benefiting from the holiday sales too and has had a very strong month so far.

So let's see if $MELI can keep pushing higher to our standard Wave 5 level...

$BIDU

I am really impressed with how $BIDU has been moving and I suspect this is a glimpse into how $BABA will start moving once it gets the momentum behind it.

$BIDU is up 20% now after bouncing on the perfect 0.618 Fib at $107.

Next test will be the 200 Day MA at $133, big test here, as o...

$SOFI

Bulls are fighting to defend the 0.618 Fib level at $6.83, having held it again today.

The price has been consolidating along this level since 26th of October now, so a full month the bulls and bears have been battling.

$SOFI I believe does offer value at this level an is significantl...

$ONON

$ONON is positioning itself for a move here, the price has been able to stay above the trend line and 50 Day MA but has still yet to break above the 200 Day MA at $28.80.

This will be a very important level to break out of and flip this level to support, if successful, this can run almost 2...