The Long Investor

$AMZN TOP 20

Break out of the red trend line, came back to retest on a shorter time scale and then bounced, a stronger pull back today too, so it may be looking for a second retest of the red trend line from above....if it can hold support again, this is in a very strong position I feel. $114 is the previous ...

$SQ - RC -

Just at the apex of the right shoulder now, the market having a tough few days is not helping this, failure to hold this level and the next support is at $51, below this line and the structure becomes invalid, that being said, it makes it a very attractive buy if the price can go below $50.....$S...

$OXY

We needed $OXY to hold above the previous low and even better to hold above the 0.88 Fib and it has done both now and on a red day for the market $OXY has been holding up well. I am still in on $OXY and will remain so, the fundamentals are the most attractive about this stock and the set up remai...

$COIN

Rejected at the Blue line which has been an important Support and Resistance line, it has lost the 200 Day MA here too, so the count remains the same, $BTC has been following our count very well and pulling back, so this may continue along that trend too. $HOOD is down nearly 6% today, as the sen...

$TSLA TOP 20

Little rally into the close here for $TSLA and it is fast approaching the 200 Day MA on the 1hr chart, this has been a resistance line here before, throughout this decline down, so flipping this to support would be a big move for the bulls.....likewise a rejection here would make a strong stateme...

$PFE

$PFE dropped down out of its short term trend line today (shown on our short term chart), on the ex-dividend day date, was this a share raid? I am not sure, but this activity right after a stellar earnings report last week is a bit odd to me. That being said, we play the cards we are dealt.

$NIO TOP 20 UPDATE

I remember at the start of April and we experienced a bounce, I found that the best way to show our members what is happening, is by showing how previous similar waves behaved and apply that to our current situation.

So here is another perfect example, the white oval marked at the start of ...

$PSNY - RC -

Earnings out this morning, warned of a production cut and reducing its workforce by 10%, resulting in the share price declining by -9% so far today.

On our chart, this is shown as being rejected at the blue line exactly, which was a previous support and has now flipped to a resistance line ...

$SHOP

Continues to be the model chart, show me a chart with a parabolic move and i'll show you a strong pullback.

$INTC TOP 20

Another difficult day for $INTC but a good day for us as this is following our corrective wave, it has rejected aggressively at the yellow trend line and approaching the previous low now, failure to hold here and this could accelerate further down Subwave 3.

$ADA - RC -

$ADA is just at the 200 Day MA on the daily chart now, just slightly below the 0.618 Fib but above the 0.65 Fib, so ideally, this is the perfect spot to bounce now. So far, the structure has been absolutely immaculate here, I cannot fault it, so I would like to see this move now....failure to hol...

$PLTR TOP 20

Big test for $PLTR now, just at the blue resistance line, it has rocketed up since its earnings, I would like to see a pull back here before breaking above, this sort of movement will make the structure more healthy, a pull back to the 200 Day MA at the 0.5 Fib would be ideal.

$FVRR - RC -

Very large drop leading to earnings and then earnings reported a beat of 49%, so this is recovering nicely here, very large swings here so we want to see some stability shortly but it looks like the bounce is coming as a reaction to the unnecessary drop before earnings.

$PARA

Hard rejection at the yellow trend line, impulse wave now eliminated and moving nicely down to our Wave 5, it is just holding at our blue previous support line....if this fails to hold, there is a large drop below. Earnings reported down -47%....so this move has been justified.

$JD - RC -

Had came all the way down to our Blue line which was the previous low, just in time for the earnings report today and they reported a very good earnings, with earnings increasing by 35%. So I have added in the second Wave C in amber here, if it can hold above the blue line. So far, it is bouncing...

$TWLO - RC -

Impulse wave is now eliminated, looking good for Wave X in red, needs to hold the support lines in blue or it may be in trouble below.

$WBA - BUY ZONE -

Just a reminder that I have a buy zone on the $WBA chart and it is following our chart exactly to the buy zone now.

$FOUR - RC -

This chart has been perfect. Last uploaded on the 2nd of Feb and has been exact.

$WYNN - RC -

Strong earnings and price target increases here yesterday from analysts, meaning I see little in the way of this moving up to the first target, which is at the previous high at $142, breaking above this point and it would be incredibly bullish.

$X

Pulling back as expected, where it can find support next will tell us whether or not this is in an impulse wave or a WXY red corrective wave. If it can hold the important fibs levels, there is a lot of upside over the next few years.

$IONQ - RC -

Following the count nicely, just the red trend line now as a potential resistance line, a break above this line and the Blue line next is inevitable.

$BA - RC -

Another chart that has not changed in months now is $BA, even though they have not posted a positive earnings since the middle of Sept 2021, the chart has been moving well, likely brought on by the opening up of travel again and firm aircraft orders, as fleets around the world start to age and ne...

$OTLY - RC -

Reported a negative earnings on Tuesday but it was a vast improvement on their previous earnings report. It has managed to hold between the 0.38 Fib and 0.618 Fib levels very well, the 200 Day MA is just in line with the yellow trend line here, so this will be an important level to break out of, ...

$MVST - RC -

This stock has jumped over 100% since reporting its positive earnings, where earnings has increased by 69%, after such a large bounce, we would expect to see a pull back now, if it can pull back to the Fib levels as shown and holds, we could be looking at Wave 2 completing and the confirmation of...

$TLRY - RC -

$TLRY has had a difficult few months after posting back to back negative reports, in spite of the cannabis deregulation. There is of course still a future for this industry and it is becoming more widespread in Asia too, as Thailand has recently legalised Cannabis, which is a significant change, ...

$AMZN TOP 20 UPDATE PART 2

$AMZN with the retest of the red line from above, held for support and bounced....looking good here.

$USB

Is still under a lot of pressure here, went below the previous low blue line today and working its way through the Fib levels now, will need to find support soon.

$PDD - RC -

Zero changes here to our chart, it has not been changed in over 6 months. Impulse wave has been eliminated.

$GOOG TOP 20 UPDATE

$GOOG count has been right on the money here, now the fun begins, can it break out of this bear flag now, we saw that $MSFT and $AAPL both broke out of their bearish formations and $AMZN is just above it's red trend line too....time for $GOOG to make an impact maybe.

$KO TOP 20 UPDATE

We are seeing a nice pull back here, below the 50 Day and 200 Day MA, so this is showing some nice movement along our count, I want to see this continue to below $61 to complete Wave C.