The Long Investor

$NEE - RC -

Another chart that has been following our count perfectly, glued to our Wave C projection and we can see that the 0.618 - 0.65 Fib is exactly on the yellow trend line that has been in place since 2017, so this is certainly a confluence level to watch for.

The price has bounced a little over...

$NVTS - RC -

A very distinct Cup and Handle formation here since its IPO price back in 2021.

The price is moving down now to test the 200 Day MA again for support, which it also did in May 2023 and was very successful, another hold at support here and we will see a continuation of Wave 3 higher to $17.<...

$BROS - RC -

This appears to be an ending diagonal triangle to finish this corrective wave, as the bounce from the low in May 2022 to the high in August 2022 was a clear 3 waves up for Wave 4 of a corrective wave.

Unfortunately there is still more pain for $BROS as I see this coming down to the trend li...

$LAC - RC -

Wedge breakout here for $LAC, testing the 200 Day MA too, I would like to see a retest of the wedge line at $19.10 (where the 50 Day MA is also at) or a break above the 200 Day MA and a retest of that level from above, so we can get confirmation that there is support on the outside of the wedge.<...

$GTLB

The last time I uploaded this chart was all the way back in May, I showed the break down  and break out case of the wedge....price managed to hold in the wedge and bounce directly up to our First Target and has been moving sideways in this channel since hitting the First target.

This w...

$DNA

$DNA is not ready yet either, a number of people added as soon as it hit $1.90 and I understand their strategy as this could reverse at any moment and I suspect that they are comfortable if this goes lower as long as the structure stays valid and may add if it goes lower.

We want $DNA to fi...

$MGM

$MGM is firmly on my radar if it can continue pulling back to the 0.618 Fib at $36.12.

I like the short term pain here and like taking advantage of it and the structure is still strictly in an impulse wave and I believe that if $36 is hit, this will test the blue line again at $50, this is ...

$BRK.B

A new 52 WK high today for the greatest value investors. And it does not look like running out of a steam anytime soon either, as we have Wave 3 completing at the 1.618 Fib at $392.

So far Buffet has returned 22% for the year so far.

He is not immune from picking weak stocks as well, ...

$CVX - RC -

No changes to our chart here, looking very good in Wave 5 now and very similar to $OXY's set up.

Broke out of its descending triangle and above the 200 Day MA and retesting from above now, I expect this to hold too and soon we will see the 50 Day MA passing through the 200 Day MA from below...

$FSR

So we are getting the pull back we spoke about in our last update, so far $FSR is testing the 50 Day MA on the 1hr chart at $6.53 and we know the blue line is just below at $6.41.

We want $FSR to hold one of these levels, the 200 Day MA is at $6.40 on the daily chart too so, there is strong...

$U - RC -

I do not like how $U has been moving lately. Rejected at the top blue like which was a strong resistance line, came back down below the second blue line and then got rejected under the 50 Day MA, the price action has also lost the 200 Day MA today too, complete breakdown of the potential impulse ...

$SQ

Has not held the blue line which was a struggling support line and the price looks like it wants to test the yellow trend line now at $41, this has happened with $PYPL on its on own support line and then bounced.

Their outage last week has damaged their reputation and it was struggling befo...

$LULU

Has not held above the ascending triangle just yet, price has come down to the 50 Day MA on the daily and has so far held, we want to see another attempt at getting out of the triangle and staying above this level at $395.

Chart remains bullish and favouring an impulse structure, the market...

$MARA - RC -

$MARA is in the exact same position as $RIOT but it hasn't jumped 5% today like $RIOT has.

Also exactly at the 0.618 Fib and the 200 Day MA, so this is a strong confluence level.

Are the crypto mining charts trying to give us an indication of where $BTC is going next?.....all charts a...

$PDD - RC -

Short attack 2 weeks ago on $PDD had zero impact on its charts.

Looking very attractive here and is likely to test the blue line at $106.70 which is the previous high, a breakout and retest is the ideal scenario here, this will then be in the bull case and Wave 3 is confirmed.

Another...

$RIOT - RC - WATCHLIST

One of our eagled eyed members spotted this important confluence level over the weekend and brought it to my attention again.

The 0.618 Fib is aligned with the 200 Day MA here and possibly why we are seeing a 5% jump today.

This chart and structure has been spotless too, so it has eve...

$NIO TOP 20

I have added in two extra indicators today so we can try and see things from a different perspective. 

First is the Anchored VWAP and is taken from the $7 low on the 1st of June and we can see that the share price is just sitting in the middle of the band.

The low of the VWAP ban...

5 Stocks I am watching this week

$PLTR
$AMD
$ABNB
$DNA
$FSR

All charts have been uploaded this weekend or on Friday with very clear commentary and price levels to buy so we are fully ready.

When support is found they are buys, do not listen to noise.

$TSLA TOP 20

All eyes will be on where the white circle is at $288, this is the trend line that $TSLA rejected heavily at in July and a resistance line that has been in place since November 2021.

We said before that $TSLA would reject at this line and it did so at its earnings in July.

Getting abo...

$SPY TOP 20

$SPY concerns me a little more than the $QQQ chart, I have added the $453.70 yellow line just above the price action and until the share price can go above this level, the alternative Wave 4 is still a possibility.....this is also not a bad thing, this could mean that the larger Wave 4 we are exp...

$QQQ TOP 20

It wasn't too long ago where the $QQQ chart just mirrored a combination of the $AAPL and $MSFT chart but we can see a clear break away from this now.

This chart is more inline with just $MSFT now.

So far the bulls are very much in control here and I am seeing a triangle now over the l...

$PYPL TOP 20

Nice recovery from the dip of Subwave 2 to a new high and the share price had a flat day on Friday while a lot of stocks struggled.

We can see that the price is shortly approaching the 50 Day MA which is just at our blue line at $66, this blue line is a resistance/support line, so getting a...

$F TOP 20

$F was in the news all week as talks broke down between a consortium and UAW about pay and conditions.....we spoke before that it was difficult to understand why $F had such a large decline between $15 down to $11 and now we know why, the market anticipated this strike action and it is possible t...

$COST TOP 20

$COST has been rock solid for us and people have been making safe easy money on this since its breakout of the wedge trend line in June, it has never looked weak or breaking down since breaking out.

We got our ABC pull back and has had a great weak recovering to its upward trend and now bac...

$MSFT TOP 20

$MSFT was performing very well during the week and on Friday it pulled back slightly with the market and just went below the 50 Day MA on the daily chart, it has not lost it yet but just on the line, so it is not fully clear of losing this level yet, we will know more early next week.

The c...

$PLTR TOP 20

$PLTR is top of our list for buying, only when the price drops down from this bearish channel, the price has been rejected at the 50 Day MA a number of times and coupled this with a bearish channel, I still expect this to move down as shown, this chart has not changed in some time now and our mem...

$INTC TOP 20

What a turnaround it has been for $INTC, pulling back slightly on Friday and if it can continue to pull back to the yellow trend line at $37.10 on Monday or Tuesday and hold, then we are looking at a good buying opportunity here...finally! My Wave 5 conveniently ends by the end of the year at $50...

$GOOG TOP 20

$GOOG has stayed around the 2.618 Fib for the week, although we have 5 subwaves in for this Wave 5, it is still looking quite healthy, the same goes for $AMZN, both have been pillars of strength over the last 2 months, so there is still a possibility that both will experience Wave 4 soon but for ...

$DIS TOP 20

Good week for $DIS, managed to get out of the buy zone and away from its Covid Low line at $78, however it did get stopped out at the 50 Day MA exactly and I can only see one wave here so far, so it is not possible to tell if this is the start of its impulse wave or this is another corrective wav...

$BTC TOP 20

$BTC has been moving sidewards for the last 6 weeks.....which must be said has been impressive considering the wild swings by some Mega Caps and an uneasy feeling in the market. The price is still above our Blue line and the count is still valid.

The variable here remains the 50 Day MA cros...