The Long Investor

$AAPL TOP 20

This will be the big earnings report this week and for all of the earnings season, it carries the most weight in the S&P 500 and can influence the market. Earnings report is due on Thursday after the market closes.

On Friday, we saw the price action breaking above the yellow trend lines...

$ABNB TOP 20

We are still working our way through this structure, likely bringing us to the earnings report which is due on Tues the 9th. Bull flag forming here, which can still bring us down to the 0.618 Fib, bear case and buy zone if it rejects at the top trend line. If it breaks above the 50 Day MA and the...

$INTC TOP 20

A mixed reaction when they reported earnings, on paper it is a beat but in the detail, revenue is down -36%, so it opened down but recovered very well during the earnings call....the opposite to what happened with $INTC. $INTC is in the right industry at the right time now but has not capitalised...

$PLTR TOP 20

The bulls did not step in this week, they lost the 200 Day, the 50 Day MA, the important $8 level, the vital Fib levels and now following our 5 waves down in amber count perfectly well.

They should be doing better, considering their market and their interest but the market appears to be fac...

$AMZN TOP 20

$AMZN did not get the fan fare and big moves this week compared to the other big tech stocks, the CFO was very honest in the earnings call and said that AWS growth was slowing down, after recording exceptional growth numbers over the last few years. It's AWS service is a big earner for them, as t...

$NIO TOP 20 UPDATE

I wanted to try and update non Top 20 list charts today as I'll be focusing on this list over the weekend, following an eventful earnings week. But I like to update $NIO on a Friday evening so there are no concerns over the weekend.

Again, nice movement today and hit $8.01 and rejected whic...

$DKNG - RC -

Continues to follow the impulse count in green and showing good signs of holding above the yellow line into the bull case. Earnings are out next Thursday, so the market is showing optimism leading into the earnings week. So far the structure looks good if it can stay above the yellow line in the ...

$CLSK

Be mindful of the bounce here folks, its holding above the blue line which is positive but let's see if it can go above the Wave 2 in red point, if it can, it is into the bull case but a rejection where I have shown, means it is coming down in 5 waves to follow the red count as shown. 

$BAX - RC -

$BAX has been amazing here since hitting our Wave 5 at $37, it comfortably found support above the blue line and has continued to move up, at some point we will be expecting a pull back when Wave 1 is complete, so for now, it is following our trajectory perfectly.

$DNA - RC -

Bounced to the 0.618 Fib level exactly today and rejected, it is likely moving through the subwaves of wave 3 here to complete wave 5....a lot in that but the trend remains the same. I expect to see a flush here where it moves down through the remaining waves and if it can hit the target, I expec...

$TUP - RC -

Has stopped exactly on the blue line which is the 0.618 Fib level and has bounced up to the 0.5 Fib, it is not out of the water yet but it is at least holding at important levels and showing that it has come down to the the blue line which I set 4 months ago. Sideways movement here is good to bui...

$TSLA TOP 20 UPDATE - IMPORTANT NOTE -

Nice bounce here at our Subwave 3, just at the yellow line I have spoken about over the last few days, which was the previous support line and then became a resistance line, so far it has not been converted to a support line yet.

I want to be very clear here: 

2023-04-28 18:50:03 +0000 UTC View Post

$OXY

Nice movement today, the overall targets are the same but the count for this Subwave 1 and 2 is different, the waves 3 & 4 were not particularly pretty so I discarded them on the last count but the pull back since $66.50 has been very structured and came down to the 0.618 Fib, meaning that sm...

$META UPDATE

For me, its difficult to see any other count than the one I've had since September last year. Even the run from $87 to $240, even if this was an impulse wave, it would need to pull back to the Fib levels I have shown from $150 to $142, this would be the best case scenario for the bulls....we saw ...

$AAPL TOP 20 UPDATE

For the first time, $AAPL has broke above the parallel trend lines, watching now to see if it can hold above these lines, just above it is the trend line top limit of the large wedge it has been in since the start of the year....so there is a lot going on here, there is certainly strength here to...

$BABA

In my last update, I said the bleeding had stopped and there was a number of indicators that I am optimistic about, so far is has held the 0.88 Fib level, still a long way to go to move this momentum higher and keep going up with the green wave but I continue to see strength building, RSI and MAC...

$COIN

$51 is the red line at the previous low, below this line and the impulse count on this chart is invalid and we will be watching for the Red B wave next. Getting very close now.

$DAL

Watching this closely, it is doing what is asked of it so far, I want to see it break out of the bull flag again and continue through Subwave 3.

$SNAP

From the last chart 2 days, I said there was a bearish indication after it dropped out of the wedge, so a few people believed the earnings were not going to be good....and they were correct, this drop has nearly come all the way down to our Wave X now in red.....this does not mean that I expect t...

$NET - RC -

$NET is expected to open now -23% after its earnings report yesterday, it is coming down to $45, leaving a very large gap behind it, analysts have reported today that their PT for $NET have been revised down to $54 now.

The report is being shown as a beat here and earnings increased by 134%...

$IBKR - RC -

Overall the structure looks healthy, it is still within the yellow channel and below the blue line from the previous high, so until this breaks above these resistance lines, the bear case is still a possibility. There is a good structure here to help this move up into the bull case and confirm Wa...

$XPEV - RC -

No changes to our targets here, I think a lot of people taught the trajectory would change when this bounced very aggressively on the 14th of April but just like $NIO, we trusted the chart and it lost all its gains from this bounce and has come down lower since, I expect the bottom as shown, $7.6...

$AMZN EARNINGS

$DNA - RC -

Alerted yesterday that cracks were starting to form at the bottom of the trend line, it made a new low today, just slightly lower. Subwaves down have been added here as the the trend looks very clear.

The selling pressure has been relentless here.

$NKE TOP 20 UPDATE

$NKE with the back to back bull flags here, held above the 200 Day MA too, I am happy with what I see here. 

$AMZN TOP 20 UPDATE - AGAIN

One more last look at $AMZN before the earnings are out in about 25mins.

It has just hit our red trend line today, we are not surprised at all to see this hit here exactly just before earnings are released, the market is getting ready, if its a good earnings its into the bull case, bad earn...

$NVAX

Nice pull back for $NVAX this is what we wanted to see, a measured pull back after a nice climb from $5.60 to $9.50. It is just being held by the 200 Day MA now but between the 0.5 and 0.618 Fib so this is a very good position for a Subwave 2 and wave C in red to complete. 

So what we ...