The Long Investor

$DAL

This set up has me excited, it has broken out of the bull flag now, it has retested on the smaller time scale too and held, so I am watching how it works its way through the fib levels here now, next test is at $35.31.

$JNJ

Earnings today and at the opening it was up but has since dropped heavy, $JNJ posted a loss in the 1st quarter due to multi-billion dollar charge to settle a talc lawsuit. This may present a nice opportunity if it can come down to our buyzone on this news....as it is likely just a once off settle...

$ZM

Continues to slip down, unable to recapture the 0.65 Fib so we need to watch this come down to Wave B....holding at $63 and this is a buy for me.

$TDOC - Important note -

What can I say, the chart on the 11th of April said it all, broke above the trend line and took off, likely in Subwave 3 now.

A reminder that you should not be waiting for me to release a buy alert before you buy, I won't be releasing all of my buy alerts, just buy alerts that I am happy wi...

$GOOG TOP 20 UPDATE

I spoke at the weekend about Samsungs decision to go with Bing as their default browser, this has so far negatively effected $GOOGs share price at a time when bulls needed help to get this above the trend line resistance level....still a bit to go before testing the 200 Day and 50 Day MA's so bul...

$OXY

$OXY has pulled back to the 0.38 Fib again, so two options here, it can bounce on the $62.86 Line and move up to Subwave 5 and then complete the ABC pull back or

It can go below the 0.38 Fib line now and come back to the 0.5 Fib at $68 and complete its ABC count...both options are valid and...

$ADA

I alerted that I bought this, it broke above the previous high and bounced well, I am watching now that it has pulled back and has held above the previous high so far, this is a good sign that it has found support above the previous high.

$CRWD - RC -

Broke out of the downward trend, retested the 0.65 Fib and bounced, 200 Day MA just slightly above, if it can comfortably break above that and hold, Wave C and $200 should be next.

$FCEL - RC -

Tried its best to stay above the wedge, lost that trend line support and then fell and is right at the bottom of the wedge support now....this needs to hold or the support below is quite low at $0.5cent

$FFIE - RC -

$FFIE is right at our blue line support, I had Wave B completing here and Wave C next....as we know, Wave C next can only happen once the blue line support holds, so I will be watching to see if it can hold support.....below the blue line and there is very little support, it really will be in tro...

$LOW - RC -

In line with our $HD chart, very structured and looks like we are in Wave C now, whatever your preference, $LOW or $HD, both are good long term holds with good dividends, once they hit our targets,

$TRKA - RC -

A number of squeezes here lately, likely shorts covering and then getting out, the previous low at the blue line is the last line of defence so this support needs to hold now, if it can stay above this line, it can bounce between the yellow trend line and the blue line....earnings in May, will ne...

$LRCUSD

Loopring, very similar set up to $ADA, has pulled back nicely and bounced and at least for now, looks to test the previous high next, $ADA has gone above the previous high however....for now at least, there appears to be upside, big tests next will be going above the previous high and by passing ...

$EXPE - RC -

I am leaning towards the amber ABC count here, I can see 5 waves down so I expect a bounce for Wave B before moving down for Wave C in amber. However, if the pull back now does not hold the previous low, it is likely to come down to the blue line for Wave B in red.

$TUP - RC -

A strong pull back here after going parabolic on Thursday, I saw someone wrote in the group that they sold when it went up +34% on the day and that has proved to be a very smart move, we know that parabolic moves are mainly met with stronger pull backs.

I have added the Fib levels for suppo...

$BABA

This Subwave 4 on the chart looks fairlay standard but because Subwave 2 was shallow, people found the pull back quite aggressive....but I believe Subwave 2 was just shallow as the news dropped about splitting the company into 6 parts, otherwise Subwave 2 would have looked very similar to Subwave...

$PFE

Pulled back for SubWave 4 and holding the 0.618 Fib line now, next we are looking for this to complete Subwave 5. This is still in the bear case and buy zone, it is a slow mover but I like the set up.

I have a position here.

$XLE - RC -

Recaptured the trend line in the ascending wedge and holding above the 200 Day MA now so this is favouring the bull case for now, as long as it stays within the wedge, the count looks impulsive. 

$S - RC -

Very nice here from $S, broke out of the long wedge, then broke above the 200 Day MA, pulled back and held comfortably above and then went higher. Really good structure, it is likely that this will continue for Wave 3 now.

$QCOM - RC -

In a large wedge, likely to continue for now, a break down and it should come down to the blue line support and retest, a break out above and this would be bullish and a start of an impulse move. I need to see more before adding in a count.

$PTON - RC -

Continues to be glued to our trajectory here, I expect this trend to continue down to the previous low and the support line

$SCHW

Earnings released today, slight beat on the earnings but a slight miss on the revenue....they announced too that their Share Buyback program is suspended....this is probably a sensible decision to maintain its cash reserves, although it doesn't reaffirm that everything is fine. 2.4% up for the da...

$DNA - RC -

$DNA has been range consolidating for over a month now, about to test the lower trend line of the range now, if this can not hold, we may finally see this move down to our Subwave 5 and Wave C point, we will be watching for support here then.

$RIVN - RC -

Pulled back all the way to the 0.88 Fib which is the last Fib support level for an impulse wave to stay valid, so it is struggling a bit but has bounced since hitting that level, it came up to the 0.618 Fib and the 200 Day MA and has pulled back since.....Not clear bullish indications here, if it...

$FSR

First bear target hit today, this was always the concern once it broke down from the wedge, its possible that bear target 2 can be next if it does not hold this level....I will likely add if this can hit $3.

$TLRY - RC -

They had a terrible miss on their earnings on the 10th of April, which made this 4 negative earnings in a row. Holding within a wedge at the moment but below the critical blue line support I have had on this chart for awhile now, it needs to maintain the wedge support and management need to start...

$BNGO

Managing to hold onto the wedge line so far after a really aggressive opening, market did not take the stock split news very well but if it can stay within the wedge and maintain the trend line support, it still has a chance to break to the upside....I know a few people bought this but I hope it ...

$AR - RC -

The break down for the wedge has brought this down to our first bear target line and it is likely to come down to the second target now and complete Wave C, once Subwave 4 is complete first.

$DKNG - RC -

Very little has changed, I have added in the Fib levels of where it could reject for Wave 2 in amber. If this can go above the previous high at $21.70 and hold then the bulls are in a good position!

$DAL

Nice day for $DAL today, working its way through the Bull flag, I alerted on Friday that I added here. If you are considering a position, a break above $34.60 and it holds would be bullish here, I am happy with the fundamentals, the technicals and the upside potential, it is an industry I am fami...