The Long Investor

$NIO TOP 20

Strong movement in Hong Kong, Sin and in the US PM today.

Likely drawing a lot of attention to it for a number of reasons, one big reason will be the production numbers due out tomorrow....a record number and $NIO will be showing that they are past the concerns that held them back over the ...

$F TOP 20

So all eyes are on the 0.618 Fib which is conveniently sitting on the 200 Day MA right now....it is almost too perfect.

The 0.618 Fib is where we love to see Wave 2 completing, this is on a lot of our charts that have performed well after bouncing when hitting this level.

Only issue i...

$VIX TOP 20

We are not seeing any surprises here on the $VIX chart, the bullish momentum is still with the market and the $VIX is staying below its 50 Day MA and right in the centre of this downward channel.....we can see that the channel is bringing us right down to the end of the year.....and ultimately, t...

$TSLA TOP 20

Really struggling since their earnings report and finished the week below that important $268 level for us. If we are in this corrective wave, I still expect a further bounce to complete Wave 2 before rejecting at a lower high and then losing the $268 level again....if this happens, this should m...

$SPY TOP 20

Same commentary as last weeks $SPY chart, there is still a lot more to go here for $SPY to reach our Wave 3 target at the 1.618 Fib at $470....so I am lead to believe that any selling from the Mega Caps will just transfer capital to the large cap stocks and the money will still stay in the market...

$QQQ TOP 20

No changes here and we will see shortly how the $QQQ chart differs from that of the $SPY chart.

We can see that the price has extended beyond the 1.618 Fib, this is likely down to $NVDA and $MSFT, bursting through these levels on their own charts, as we know how powerful the AI bubble has b...

$PLTR TOP 20

$PLTR is due to report on Monday week, on the 7th of August.

All signs are pointing to this completing its 5 waves up now, since its last earnings and although I do not think the earnings will be bad on the 7th, this certainly needs to cool down, for everyone involved.

A healthy pull ...

$NKE TOP 20

$NKE remains my only red stock and I am just at -11% on it now, so it's not quite down enough for me to sell, usually at -15% I would consider trimming my position or selling....so I am sticking with it for now, it is my second smallest position, so I am in the camp of wanting to add more instead...

$MSFT TOP 20

$MSFT is the only chart I have had to update. The price lost the 50 Day MA briefly during the week before regaining it, so I am just be slightly cautious here, because if we get out pull backs from $AMZN, $GOOG and $AAPL this week, this will likely pull back with it.....all these pull backs will ...

$KO TOP 20

Testing the red trend line now, so far holding support, a bounce from here and the impulse wave is confirmed and we will be looking for this to move up to $72 next over the next few months.

We know this is slow, it is not something that is going to make you quick money but it is an EXCELLEN...

$INTC TOP 20

Very positive earnings, smashed expectations and beat earnings by 443%.

The share price has increased accordingly. A break above the previous high at $37.20 and I can eliminate the corrective red wave and this will continue higher to $42 for Wave 3 and then eventually up to $48 for Wave 5.<...

$GOOG TOP 20

Earnings last week and it was a good positive beat, no surprises and has performed well since, as expected and moving well now higher, for what we believe to be Wave 5.

We can see that the 1.618 Fib held very well for Wave 3 and then we got out pull back.

We added at $116 and enjoying...

$COST TOP 20

Broke out of the wedge and just has not looked back, likely will run now to the First target before any meaningful pull back....$COST has a cult following and any small dips continue to be bought up, I see nothing in the way here to the First Target.

$BTC TOP 20

Very little movement over the last week and no changes to the chart here.

We are more than happy to accept that subwave 2 is complete here and this can move higher now, in Subwave 3 of Wave 3....the most aggressive move.

The price is holding the 50 Day MA now.

Fans of $BTC shoul...

$AMZN TOP 20

Pulled back at the start of last week on rumours that the FTC are looking into an Antitrust lawsuit into $AMZN. These rumours did little to gain momentum and $AMZN started to move higher towards the end of the week, as the market gained bullish momentum on the strength of Powells progress speech....

$AMD TOP 20

For me, this, $AMZN and $PLTR is what I am watching closely for now for a pull back to add. I will get to those charts shortly.

$AMD, we are still waiting for a further pull back to get this price at least at the 0.38 Fib at $102.

We can see that the 50 Day MA has flipped from a suppo...

$AAPL TOP 20

Ok folks I am not going to labour on this evening with the commentary because I am just repeating myself here because these charts have not changed in weeks now, it makes my life a lot easier and it helps us execute with charts follow our projections this accurately. And this goes for 95% of all ...

$SPLK - RC -

I do like the look of this chart for a number of bullish reasons.

1. It has broken out of this long downward yellow channel.

2. The pull back in June came all the way back to the 0.618 Fib and bounced.

3. The price is above the 50 and 200 Day MA.

4. An ascending wedge has ...

$PI - RC -

This has been on an aggressive decline since its earnings miss in May. The price action has been relentless too, breaking back down into the yellow channel, losing the 200 Day MA and now the 50 Day MA has crossed down through the 200 Day MA, which we know is a bearish indication.

The only h...

$STJ - RC -

Likely will continue in this ABC corrective count after getting rejected at the 200 Day MA and we can see that the 50 Day MA has now crossed down through the 200 Day, which is a bearish indication.

Holding support at the 0.78 Fib or 0.88 Fib will be important here to turn this around and sh...

$SIL - RC -

I needed to chart this on the weekly timeframe to evaluate its trend and we can see that this has been consolidating sideways for over 10 years now.

Under the 200 Day MA still on the weekly, so the trend is leaning bearish for now but we can see that the price action has managed to hold the...

$ROP - RC -

A very nice chart here with strong fundamentals to add.....noticing particularly that they have a profit margin of 78%....assuming this is not a typo, that is net, not gross....incredible margin.

A break and hold above $505 and this is into the Bull case and the green impulse wave is confir...

$SWKS - RC -

Definitely a mixed bag here. Bullish and Bearish indications, so no entry until one of the cases can be eliminated.

A break above the green line at $124 and the corrective wave is eliminated, a rejection a the green line and we will need to watch for its movement down.

My concern here...

$PTON - RC - WATCHLIST

Broken down from a our bull flag but now in a bullish descending triangle now, both formations are equally as bullish as the other. But lets delve deeper, we can see that the pull back hit exactly on the 50 Day MA, the bottom of the trend line and at the 0.618 Fib level......3 bullish supports. W...

$LMT - RC -

It has been about 5 months since I last uploaded this and not much has changed, we expected it to reject going above the yellow trend line and has lost the 200 Day MA now, so we expect our projection to continue down this 5 red waves down.

The potential support line will be the bottom paral...

$IONQ - RC -

Behaving very very similar to the $XPEV chart, where we can see that Wave 5 is very extended now and working its way through the .618 Fibs....next test could be at $20 if it doesn't reject at the opening on Monday.

After 5 waves, as we know, we get our 3 correct waves and this saves the str...

$DAL

Nice pull back here, working its way through the subwaves nicely, we can see that the 50 Day MA is coming up quickly from below as a possible support line, ideally if the price can hit here and hold, we should move this higher to complete Wave 3, so watch for a hold at $44.

I expect $LUV an...

$SE - WATCHLIST -

$SE looks ready, $SE looks VERY READY to take off!!

$SE is where $IQ was before it erupted.

A break above $64.30 and holds and this could get a strong move.

Another former Chart of the Week producing the goods.

$PSNY

Showing the importance of keeping with your count and that pull backs are all part of the process and more times than not, they are presented as opportunities to add or start a position.

$PSNY hit our Wave 4 level and bounced. Very nice day today and enjoying the benefits of all EV's climbi...

$XPEV - RC -

$XPEV has been on an incredible run with a lot of positive catalysts in their favour.

VW partnership being the most important catalyst.....coupled with optimism coming out of China and a recovery in production numbers....nowhere near where it was this time last year but a recovery away from...