The Long Investor

$AMZN TOP 20

Members will know how happy I have been with $AMZN this year, especially since the price continued to hold the 50 Day MA in March and we then saw the 50 Day cross the 200 Day MA in May, I have added to my position on all pull backs because $AMZN will be a long term hold for me, trimming profits o...

$AMD TOP 20

Having a tough time getting above the 50 Day MA and still in this strict bullish flag, this is still positive, it means that the price can come down to the bottom of the flag next and the 200 Day MA will likely meet the price there too.

We haven't bought here yet but I am always in the mark...

$ABNB TOP 20

We have been patiently waiting for a pull back without chasing here, even though we really want to buy $ABNB but we are keeping to our strategy of buying on the pull backs.

We can see here that the 50 Day MA is just at the 0.5 Fib level now around $137, this is the area I will be watching f...

$AAPL TOP 20

$AAPL has been struggling the most out of the main Mega Caps and is fighting to hold the last of the Fib levels at 0.887 at $174.

However, as long as it holds above the previous low then Wave 4 is in and we won't see this move down to the 200 Day MA, where I have provisionally put a Wave 4 ...

$TLT

This has been tracking very well with our projections and little extra to report here, except that we want to see this hold support at the Blue line at Wave B at $91.80.

The trend has been downwards and the arc of the 50 and 200 Day MA is showing how aggressive the downward trend has been s...

$SPLK

$SPLK got its ascending triangle breakout and looking like it may come back down to test the breakout line as a potential support line next at $112.

A successful hold at this level and this will be a bullish indication and a buy signal, this is also why the ascending triangle is my favourit...

$IQ - RC -

Not much new to report but that the price has been testing the 0.78 Fib level twice and so far finding support, the one concern is that the price is still below the 50 and 200 Day MA, so holders can sit more comfortably when the price gets above these levels and starts moving to the previous high...

$BIDU

Looking at the $BIDU you would never suspect that their was any issues or concerns with Chinese ADRs, the price is currently sitting above the 200 Day MA and has been moving sideways in a bull flag for the last few months accumulating.

The trend leading into the bull flag was bullish, so we...

$LLY - RC -

$LLY has shown incredible strength and this Wave 5 is one of the most extended waves I have seen and this is a company valued at $550 Billion, so to see movement like this, it is similar to how $NVDA behaved.

The 4.618 Fib goes as far as $625, remember how we have never seen a stock go beyo...

$CROX - RC -

When I posted this in June, I said that I have never shorted a stock before but if I did ever start that $CROX would be the first one, solely going on how weak their chart was looking and this would have been a good short.....I believe some members did short this based on our chart.

The 50 ...

$PTON - RC -

Hard rejection at the blue devil line at $6.66, the text on the chart has never changed, if the bear case support line is lost then the $3.30 target as a potential support line is next.

This chart does not fill me with optimism right now and comfortably below the 50 and 200 Day MA, after ge...

$BAC - RC -

Testing the blue line from below twice now and has so far rejected for now....it may attempt to test this line again but a further rejection could signal that there is selling pressure and this could move down quite quickly to our $24.50 level.

$BAC has certainly shown more weakness than $J...

$DAL

At an important junction now, just holding above the 200 Day MA which is conveniently exactly at the top of the wedge trend line, we can also see that the blue line is just slightly above which was the previous highs at the start of the year....when the price went above the blue line in June, the...

$MGM

The MGM systems are still under attack and they can not sell any rooms in any of their hotels in Las Vegas, so no new bookings, this has been ongoing for a number of days now and likely to continue until next week.

The share price is already down 20% now and has lost the 50 and 200 Day MA t...

$AMD TOP 20

She's not ready just yet....still the 50 Day MA to negotiate above first to signal a reversal and just hovering around the 0.38 Fib now at $102.

The 200 Day MA is just below at the 0.5 Fib at $93....which makes this an interesting confluence level too.

When it is ready to move then it...

$FSR

Yesterday we said we could almost start to get excited for $FSR and that feeling has translated into a very positive day for $FSR, also considering how weak the market is behaving too today.....so this is a very positive move for $FSR.

Like I said yesterday, getting above the previous high ...

$ZM

In the last post we said that we are happy to see this find support on the confluence level at the 50 and 200 Day MA, now we need to see this getting above the yellow trend again, last time it broke out but on the retest it did not hold support so this is important now, as this trend line is in s...

$PFE

Tentatively sitting on the 0.78 Fib at $34 here, its showing support but this is definitely on a knife edge so we need to see more of a bounce and then a retest to show that $34 is a support line and willing to hold for us.

Moving sideways along this line will help too but we are not seeing...

$DNA

Hit $1.90 exactly today and so far is holding support, very interesting here now.

Ideally what we want to see now is a bounce and retest of the support line and we can confirm that we have support here.

Members may start adding now since it hit our level today too.

The chart is ...

$BABA TOP 20

'Chinese industrial output jumped 4.6% year-over-year in August, ahead of expectations among economists surveyed by FactSet of 3.8% growth and marking an acceleration from July's 3.7% increase. Chinese retail sales — which have a clear read-across for the big e-commerce names — surged 4.6% an...

$NIO TOP 20

$NIO continues to work its way through this Cup formation and had a comfortable day yesterday, we can see that $NIO is up nearly 3% in th PM now, I still expect $NIO to trade within the range as shown and what in the range we have been experiencing but a bounce is still well over due.....however ...

$VET - WATCHLIST -

Another energy stock that should be on your watchlist.

If the price of oil continues to move higher, many energy stocks will benefit, I am already heavily exposed to $OXY but for those that missed the lower price, $VET appears to be starting Wave 3 now and held perfectly at the 0.618 Fib an...

$ROP - RC - WATCHLIST

A reminder of this stock and chart.

Looking very good and strong here and approaching our blue line which was the previous high in the middle of 2021.

A break and hold above $505 and we are into the bull case and Wave 3 is again confirmed.

It is slow and steady but safe.

$NVST - RC -

Nice looking chart here if it can break to the upside out of this channel once it hits the 0.618 Fib at $26.

The main concern is that this stock is only on the exchange since late 2019 so there has only been two main waves so far and the whole structure can still be an ABC count as shown to...

$TMDX - RC -

Following the chart very well here and we can see that the 1 Fib for Wave 4 is exactly on the blue line which was the previous high in early 2021, so this is a strong confluence level, so looking for support here would be ideal.

Once support is found then this can move higher for Wave 5 and...

$ETSY

A number of requests for this to be uploaded again but as you can see, there is nothing for me to update here, it is just at the blue line and because this is Wave C of Wave B, it has no problem going slightly below the blue line, it does not invalidate the count.

So the projection remains ...

$DNA - HIGH ALERT -

$DNA is in our target area between the 0.5 Fib and the 0.618 Fib, between $2 - $1.90.

We can also see that the price is just at the 200 Day MA on the 1hr chart acting as support, we need to see this support held now and I am happy that Wave C could be complete and we start a move to the ups...

$COIN

While the 50 Day MA is still acting as a resistance line and we are below our blue line, bull case trigger, then I still expect this to come down to finish Wave 5.

Noise has started to cool down on the crypto concerns front and buyers have been adding slowly here since August but I suspect ...

$BRK.B

It has been awhile since I put up the Berkshire chart and wow has it been following our projection to the money.

Very impressive show of strength here form $BRK and following the strong Mega Caps like $AMZN and $GOOG higher, I do not believe that Wave 4 is in yet so there may be an opportun...

$SE TOP 20

Short update: In the last upload we said to watch for support on the green fib levels and so far it has held the 0.5 Fib very well, so now we want to see a retest of the 0.78 Fib level at $40.56, which is also our blue line, a flip here to support and we have good momentum, obviously still a lot ...