The Long Investor

$BNGO

It doesn't appear ready yet, stopped out at the blue line for now, it can of course attempt it again shortly, if it can stay outside of the wedge now, I suspect it will attempt to test the blue line again.

$TSLA TOP 20 UPDATE

I mentioned yesterday that the 50 Day MA crossing the 200 Day MA was bearish and so far the 50 Day has been acting a resistance line. I am still watching this to see if Subwave 2 has complete, it is not clear yet, however $TSLA is still struggling and the trend remains down with bearish indicatio...

$NIO TOP 20 UPDATE

So that is back to back Fib lines we have called that $NIO has rejected at and I know some of our trader members have been lovin this.

So far $NIO has been behaving exactly as expected, with almost zero surprises and from a TA perspective I like this....or maybe we are spending so much time...

$CLSK

I uploaded this during the week to highlight that it was at the blue line and previous high, a flip here and it is into Wave 3...it had no problem breaking through this resistance and is comfortable in the Bull case now and Wave 3. Very much like $RIOT and $MARA but at an early stage of Wave 3. 2023-04-14 10:24:49 +0000 UTC View Post

$RIOT

This has burst through our initial target for Wave 3 and went straight to Wave 5, so a lot of buyers have stepped in here. This is going parabolic now and if it wasn't Wave 3, I would be concerned but bulls want to see this behave in a structured manner and look for Wave 4 soon, I have set Wave 3...

$MARA

Broke out of the channel and into the Bull case and following our Wave 3 perfectly here, no changes to this chart over the last few weeks and I've eliminated the bear counts now.

$SKLZ - RC -

Earnings report came out yesterday and although it was negative, it bounced very well, I am not convinced of these bounces after a bad earnings. The Final Target on the chart is a line I drew months ago and if $SKLZ loses the blue line support, that red line is live. I have counted sideways movem...

$XPEV - RC -

$XPEV is looking more like $NIO than $LI, an ending diagonal here where waves are overlapping on each other, which is found in Wave C, also indicating that the bottom is coming in soon.

I am a fan of the pure EV players instead of the hybrid makers because ultimately hybrids and ICE's will ...

$LI - RC -

Doing well on their production and registration numbers, a company that make hybrids aswell as EV's, not a pure EV player. It has pulled back from its high in Feb so will need to see where it finds support in order to determine if it is in a corrective phase or impulse, it has already pulled back...

$ALPP - RC -

No changes here, still in this long wedge and starting to lose the blue line support now and into the bear case, it needs to recapture the blue line and then get out of the wedge for the targets above to come into play, otherwise it will continue in the wedge.

$GSUN - RC -

How many times have we seen this set up lately, long extended wedges as the companies await for the market to either improve or the fundamentals of the company itself improve, two large squeezes at the start of the year have been met by a large decline, still some more room to run here through th...

$VFC - RC -

I uploaded this chart on the 2nd of Jan and had this coming all the way down to Wave C today, it has hit exactly that so it is at a likely spot where I felt it would bottom, I have added in the impulse wave now as long as it can break out of the yellow channel, if it does not hold this support, t...

$BABA UPDATE

Having set the Subwave 4 in between the 0.5 Fib and 0.618 Fib yest and for it to hit just that and bounce, in spite of the news in the PM yesterday, I am pretty happy with that!

So likely in wave 1 of Subwave 5 now, we will watch how this develops. The market is incredibly optimistic today ...

$BNGO

Just at the 200 Day MA here at the wedge breakout line, a flip here and it becomes support....this is looking very strong!! Blue line and 200 Day MA are meeting here so it is a resistance line, a break out means the buyers are stepping in

$SHOP - RC -

$SHOP has been complicated enough because the waves are overlapping but it is holding at importantly support levels, so this leads me to believe that this is a leading diagonal of Wave 1 of an impulse wave, if it can continue showing strength, it can move above the blue line and finish at Wave 5 ...

$NET - SUBWAVES ADDED -

A popular stock amongst our members and it is structurally strong, I have added in the subwaves of Wave 3 as I believe subwave 1 is just complete now. Everything else remains the same, going above the previous high and entering the bull case and this is a confirmation of the impulse wave and the ...

$NKE TOP 20 UPDATE

Over the weekend when I uploaded $NKE I said to watch for the bull flag break out, so far it has broke out and looking strong, needs to hold above above here now and there is a good trajectory to Subwave C.

$TSLA TOP 20 UPDATE

Just watching here and can see that the 50 Day MA has just crossed below the 200 Day MA on the 1HR, the last time it did this, the share price dropped from $194 to $163....so that translates to a $30 drop and brings this down to around $154....which conveniently has this close to where we have su...

$CLSK

Just breaking into the bull case here and going above the previous high, watching for a clean break and holding above the blue line and this is looking very strong then!

$ETH - LONG TERM PROJECTION -

This time frame is only valid with the assumption that the bottom came in at $880 in June last year, it is testing my blue line now which is my flip line to the bull case, so let's assume here that it flips it and let's see what the best case scenario is for $ETH....if it rejects here....then the...

$NIO TOP 20 UPDATE

All going to plan here folks, it is possible that we are in Subwave 3 in red now, as we know, a Wave or Subwave 3 will always have 5 waves in it, it is the most aggressive wave too and normally very distinct and obvious. 

So if Wave 1 of Subwave 3 is complete now, we are looking for a ...

$DAL - Watchlist -

$DAL reported earnings today and depending how they are interpreted, Trading View is showing negative but other reports are a beat....the main thing is both are showing a healthy guidance and profit. I like the chart too which I have highlighted before too. It has held the wedge line and may go a...

$SQ - RC -

Aggressive drop out of the bull wedge yesterday as the Fed reported a mild recession is due and this, like a lot of stocks pulled back very strongly. I am watching the white fib levels to see if it can hold support, if it can hold support, particularly at the 0.618/0.65 Fib, it still has a chance...

$PSEC - RC -

Downward channel and likely in Wave C now and looking to move down to the previous low or lower and hit the 0.618 Fib, the structure looks clean and strict and this is what we like to see, the 200 Day MA has been acting as a resistance line too, so until this breaks above that and the channel, th...

$NVAX - RC -

No changes here, it really does love our trajectory as it is glued to it now, still in Subwave 1 so until it tops out, I can not accurately draw Subwave 2 yet, I hope it comes soon so there is a stable structure here, so far I like what I see, its moved as we expected and no parabolic moves just ...

$GREE - RC -

Was in a descending wedge and broke out with zero reaction which is not normally a good sign, either it needs more information or it is struggling. Best case here is to consolidate sideways and build up strength

$DWAC - RC -

In a very large wedge which has experienced some large swings, not very healthy but the trend remained the same....this will more than likely break out or down from the wedge soon, upwards and the targets are as shown, down and it will need to hold the blue line which is the IPO price.

$BX - RC -

Has been in a very strict channel since its high and retraced all the way down to the 0.65 Fib before bouncing again, usually Wave B goes against the trend and breaks out of a channel like this but it is possible and valid that it went up to the trend line and pulled back and we are in Wave C now...

$AFRM - RC -

Still within the wedge and no changes to our last chart uploaded, apart from adding Wave D and E if it continues through the wedge, it has held so far above the blue line so this is something positive. 50 Day MA above and 200 Day MA next before testing the wedge trendline. Earnings will likely pl...

$DRV - RC -

This started to move up towards the end of the day so we'll see tomorrow if it can regain the 0.65 Fib, if it can not do this then the next Fib support level is below at $41 at 0.78.