The Long Investor

$OPEN - RC -

No changes here from the last time I uploaded this but I am highlighting that we are close to our Wave C target in amber and potentially a spot where this can reverse down in 5 waves if it can not go above the blue line which is the previous high. 

Above the 200 Day MA now so if this i...

$ITB - RC -

Very similar to the previous chart I just uploaded today, except it is an even longer projection.

Very close to the blue line here which was the previous high, a break above here and it is into the bull case, a buy here and forget for a couple of years should be very rewarding with very lit...

$INTU - RC -

A very long term chart here, I needed to go back a couple of years to find the trend but a 6 year projection looks good here.

I like how its been holding the 200 Day MA for the last year and a half, finding a lot of support here, so if this continues, Wave 2 may be complete and this is into...

$FCEL - RC -

Did we finally get that breakout we have been waiting months for?...so far so good, I have not seen a retest of the wedge from the upside yet, if this comes, this would be a very positive move for $FCEL.

The wedge trendline is at the 50 Day MA too, so two good developments so far.

So ...

$ETH - RC -

Very similar set up to $BTC, no changes to this chart from the last one I uploaded. I still expect a pull back to the 200 Day MA and then for this to continue its rise up.

Losing the 200 Day MA would be a concern for ETH holders....unless they are happy to add at lower levels.

$DCFC - RC -

Had lost the blue support line but recaptured it very well, above the 50 Day MA now and may retest this again, if it can find support on this 50 Day MA, it can move higher to complete Wave Y.

The main objective for the bulls here will be to keep the price above the blue line, below this lin...

$ARKG - RC -

Another ARK fund today, a lot of the ARK fund charts look like each other, after  climbing to astronomical heights in 2020/2021 on very reckless buying habits from ARK, every one of the funds came crashing down as fundamentals simply could not sustain the elevated levels.

2 years later...

$AFRM - RC -

Good bounce here off our blue line and has broken above the 200 Day MA, approaching the yellow trend line next, big test here, a breakout of this resistance line and $AFRM is into the bull case, a rejection and we will see a continuation of this move tighter into the apex of this wedge.

$NIO TOP 20 UPDATE

$NIO had a volatile day, going as low as $7.30, bordering on turning very red but bounced just below the blue line in the buy zone and came all the way back up to just below the previous high, the 200 Day MA is still above on the 1HR chart, which is at the previous highs resistance at $7.92.

$COIN

Tough day for $COIN and has come all the way down to the trend line in the wedge and has surprisingly found support, the SEC appears to be targeting a lot of the crypto platforms this week and it is unlikely that the pain is over, for now, we'll continue to let the chart tell us where this is goi...

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$SE

$SE continues to flirt with me here and tempting me to buy, the 200 Day MA is just above at the 0.5 Fib, I think a break above this important trend indicator and a wise decision is a buy here, the chart is very very attractive here.

$CROX

It's been awhile since I've added $CROX and this is finally showing what a large ABC corrective wave should look like. It has found support so far at the 200 Day MA but if this is lost, it should move a lot further down to complete this count. 

The fall from around $190 to $50 was stra...

$DKNG

Watching for the Subwave 4 pull back now and watching for this to hold above the yellow line which was the previous high resistance lines, a hold at our Subwave 4 target and this is a good position to add to move higher for Subwave 5.

$FSLY - RC -

Update from the chart I uploaded a few days ago, this is fastly approaching our second target line and bull case at $18.11, above this line and the risks decrease dramatically and we are confirmed in the impulse wave.

$BABA

On the 1hr chart, $BABA has held the 200 Day MA, on the daily chart above, the 200 and 50 Day MA are just at the wedge top trendline, so this is a very important area for us to break above, a breakout above and it can hold, I will certainly be adding here again to catch this Wave 3 up.

$ARKF - RC -

Second Ark fund chart today and another chart that has held above the 0.65 Fib and above the 50 and 200 Day MA now, the big test here will be getting above the previous high at $21.20 and staying in the bull case.
$ARKK has been in this blue range now since April 2022, it may be the time to br...

GMG - ASX - RC -

The low found support at the 0.65 Fib at $15.70 and has bounced well, above the 50 and 200 Day MA right now so it is likely in the green impulse wave, my only concern is the bounce since the 0.65 Fib to $21. If the price action can not break through the previous high, it will possibly come down t...

$WISH - RC -

There is very little to report here, it has broken out of the downward wedge but has found no momentum and it just desperately trying to hold support at the 0.5 Fib. Honestly, for now it can go either way, the 50 Day MA is slightly above and may act as a resistance line if it is tested, a break a...

$SNAP - RC -

Looks like a straightforward bounce here to complete Wave Z, when a corrective Wave ends high like this, we can expect 5 waves down here next too, so likely this will continue to move sideways between the blue line range as it has done for the last year. Mixed feelings about $SNAPs future is like...

$PSNY - RC -

$PSNY rejected at the blue line, which was a previous support in October and November, pushing this down further, a lot of EV stocks are struggling at the minute and $PSNY is not looking out of place amongst all of them. It has made a new low lately, so I am watching to see where this finds suppo...

$FUBO - RC -

In the last update, we said that this was the time for the bulls to step in and hold above the yellow trend line and the blue line, this entire area was a strong confluence level, so far they have done just that, while finding support at the 0.5 Fib and above the 50 Day MA.....it needs to build o...

$CHPT - RC -

Pulled back over the last few sessions and where it finds support now is crucial, the 50 Day MA would be an ideal level to find support at or regain support at. Whatever happens, it needs to hold the previous low at the blue line or the downside targets are shown. It's up to the bulls to find sup...

$BERY - RC -

Another company that has held very well above the 200 Day MA after finding support, we are still looking for that breakout above the previous high to show a change in trend. There is a lot to be optimistic about here, especially the perfect pull back for Wave 2 to the 0.618 Fib and bounced and no...

$ARKK

Still following our green impulse wave here very well, it broke above the 200 Day MA, retested it for support and held support very well and bounced, this is a very positive sign. There are some questionable companies in ARKK's portfolio but there are also a lot of companies that we like individu...

$ADBE - RC -

Tipped as a company that could benefit from a growing Ai industry, it's fundamentals are slightly stretched at the moment but nowhere near the levels of many other Ai related companies right now. Likely still in Wave 1 of this impulse wave, so if $ADBE is a company you like, watch for the Wave 2 ...

$NIO LONG TERM CHART

The Plan. 

$PATH

Chart is looking very good here, flipped the blue line to the bull case and in Wave 3 too....

$NU - BEAR CASE/CORRECTIVE WAVE ELIMINATED

I have removed the corrective wave on this chart as it is very clear which direction this is going, this flipped the blue line to the bull case and has just continued its trajectory as we expected. Very nice move here by $NU.

$NET

So far, it has done as expected, hit the blue line and rejected pretty heavily so far, it may make another attempt but Wave C finishing high is normally associated with 5 waves down next. I advised this in my last $NET update.