The Long Investor

$SE

So far still holding the 0.65 Fib

RSI is in the perfect position to start a reversal, as it is still in the oversold territory.

What will the catalyst be to give this a little nudge or will it be enough to just maintain support and the market will do the rest?....I'll keep monitoring ...

$NIO TOP 20 UPDATE

Stopped out exactly at the 0.78 Fib at $7.90 today and unable to make a new high. I am showing this on the 5 min chart so we can see the minute waves.

We want this to be a smaller wave 2 completing today of Subwave 3, so we can get this flush out leading to earnings on Friday. For me, I am ...

$ZM

The 4hr chart tells the story here with the aid of the 50 and 200 Day MA, we can see at the opening that the price dropped right down to the 50 Day MA which was at out top blue line and then bounced right up to the 200 Day MA at $69.70 and then stopped. If $ZM can flip $69.70 to a support level a...

$COIN

$COIN continuing to do what $COIN does and break hearts with wild swings -10% today and dropped hard after it lose our blue support line....proving again that this is a pivotal point and the importance of breaking out and needing to holding above for confirmation. 

I am watching for a ...

$PYPL

$PYPL continues to just show me one wave since potentially bottoming at $59, I am watching this closely for my next add, I want a pull back and I am watching where the 50 Day MA is cutting right through the wave here, which is around the 0.5 Fib, so a pull back to the 0.5 Fib/50Day MA and it hold...

$ABNB TOP 20 UPDATE

Big pull back which started towards the close on Friday, caused by legal issues stemming from NYC's approach to short term letting.....the market quickly realised that $ABNB is in every part of the world now and the sell off has been recovering since bouncing on the 200 Day MA, which was also at ...

$TSLA TOP 20 UPDATE

Big move today, it has gone above the the previous high now at $217, so it just needs to hold above this level now. I will be removing the red corrective wave next as this is becoming invalid.

There has not been a lot of chat about $TSLA lately, whereas a few months ago people spoke about t...

$BABA

$BABA like $JD really battled towards the end of last week after losing crucial support lines, in $BABA's case, breaking down from the wedge but fought back to recapture it immediately after rumours circulated that China will introduce a stimulus package to help its economy after its growth has d...

$TSCO - RC - Tractor Supply Co

Fairly straightforward set up here, 5 Impulse waves up and starting it's 3 Corrective waves down now after losing the 50 and 200 Day MA and breaking the trend line support in the channel. Standard pull back here to the 0.5 Fib for now.

$PCELL - RC -

The decline continues here. I have added in the top blue line as this was a previous support a few years ago, so we will see if this can hold here and move up and complete Wave Y, failure to do this and we can expect this to move down and complete Wave X on the bottom yellow trendline. 

$OXY

No changes here to the chart. The Saudis have announced over the weekend that they will reduce oil production by 1 million barrels per day, this has pushed many oil stocks up in the PM today. Statements like this can happen at any stage, it is worth holding a diversified stock like oil to capture...

$OPRA - RC -

Have you ever seen a more vertical move than this one?

Straight to our first target and did not even take a break on the way up....you have got to imagine that this squeeze will come to an abrupt end soon....the only way to save this would be a pull back to the blue line or the first target...

$LUV - RC -

Another airline stock I have been watching lately and it still has not shown any signs of reversing this downward trend....in spite of many of the other carriers moving upwards and in strong positions....their last earnings were negative too, the effects of the IT outage and cancellations over th...

$CVNA - RC -

Fans of this will know how volatile this has been over the last year and a half, only recently has it started to show stability. Above the 200 Day MA here now and on track to hit our first target.

It can still reach our Wave C target but getting above the two yellow trend lines will be a te...

$CPRI - RC -

Nice pull back here approaching the 0.618 Fib, the fundamentals are good but they need to focus on their growth for the next few years, if they can do this, there is potentially a lot of upside between 3-5 years away.

I would like to see this hold the 0.618 Fib first, losing important Fib l...

$CHGG - RC -

$CHGG got decimated after its earnings report, in spite of a beat. It has lost a lot of crucial support levels and it needs to find support now. The 1 Fib is at $7.93, which corresponds to a previous support level, not shown on this chart, this may be it....if not, the level is quite low at $2 at...

$BAYN - RC -

Nice ABC corrective wave pull back and held the 0.88 Fib. I have added in another corrective wave, the WXY in red as the W wave is only showing 3 waves, 3 very clear waves too, so it is not an impulse wave next for me, there is still upside potential.

It has lost the 50 and 200 Day MA here,...

$VIX TOP 20

There are plenty of rumours as to why the VIX is suppressed like this as it appears there has been plenty of volatility over the last few months, all we can do is play the cards we are dealt and it is quite low here....trending down in this channel and working its way through previous support lin...

$QQQ TOP 20

Like $MSFT it is very much extended here, on almost all Technical indicators, this is showing outside of its limits and it has quite frankly stumped many, it still has a bit to go to reach its All Time High Line too. 

Macro conditions are consistently ignored by the Nasdaq Top 100. We ...

$PLTR TOP 20

Starting to see a little bit of curling at the top of the price action here, as buyers may be drying up and some profit taking starts kicking in, as this has jumped over 100% in less then 30 Days.

$PLTR needs better structure now, we've seen plenty of times in the past with $PLTR that parab...

$INTC TOP 20

It still remains to be seen whether this has woken up yet and decided to join the party....it should be doing a lot better, considering the market it is in. It may pull back in line with $AMD now and if it can hold where my Wave 2 is set, which looks to be where the 200 Day MA is moving to, it ha...

$KO TOP 20

We got the bounce we were looking for just around the 0.78 Fib and has performed well since, just held at the 200 Day MA for now. A flip here for the 200 Day MA to a support level would be a strong move and breaking above the red trend line again would confirm the bull case for me.

There ha...

$HD TOP 20

In last weeks update we spoke about this moving sideways in a range between the 1.618 Fib and the top amber line, which has effectively been the 200 Day MA. It has yet to make a new high yet to show that the trend is changing, for now we may expect more movement sideways here, a break down again ...

$MSFT TOP 20

What can I say about this chart which is not abundantly obvious!

$MSFT is benefiting from being both a mega cap stock and a large player in the Ai sector, the chart is clearly showing it is enjoying being in that position.

I do not like these almost vertical movements but buyers still...

$GOOG TOP 20

No changes here from last weeks chart, likely to continue higher to at least the yellow trend line where I have put Wave Y in amber, a break above is very bullish, however the whole count is in the bull case now. A pull back for Wave 4 and holding the 0.5 Fib would be a great level to start a pos...

$F TOP 20

Share price is still elevated since that positive news of a partnership with $TSLA, however it has dropped below the top wedge and the share price never made it above the 200 Day MA.

Still a lot to do here for the bulls to turn this around, breaking down from the bottom wedge and the bears ...

$COST TOP 20

The wedge has been broken and so far has been doing well staying above it, Targets above are as shown, wedge breaks can normally climb a height which is the same distance as the largest wave in the wedge, so this is how we can work out our first and second targets.

RSI and MACD are showing ...

$BTC TOP 20

Still downward trending, below the 50 Day MA still, which looks to be in control of this trend and heading towards the 200 Day MA for potential support, this chart has not changed in months now. Let's keep an eye on the important Fib levels here, especially at the middle blue line at $25,200, as ...

$AMD TOP 20

$AMD pulling back in a healthy manner here before the share price became ridiculous and possibly ruining the structure. It remains to be seen how far this ABC corrective pull back comes down to but the 0.5 Fib is a fair compromise but also watch for the 0.38 Fib too, I will likely continue to upd...

$AAPL TOP 20

On course here to test its All Time High line at $182, this will likely be the last test for $AAPL. The structure is of course stretched here, it can be saved by a healthy Wave 4 pull back, like a lot of stocks at the moment. 

The worrying scenario for the bulls would be a rejection at...