The Long Investor

$PLTR TOP 20

Positive news in the PM for $PLTR as it just announced a Fedramp partnership with Microsoft, being involved with $MSFT who are at the centre of the AI craze lately should be a positive development, I tried researching some monetary values on this partnership but very little has been reported yet....

$RLX

6 days ago I alerted to watch this as it was looking close to breaking out and believe it can run once it broke out, we have the break out now, it has gone from $2.20 to $2.90 very quickly, ideally we want to see a retest now and a hold above the previous resistant line and flip it to support. 2023-04-04 17:52:04 +0000 UTC View Post

$KWEB - RC -

A bit different to compared to how the $QQQ is structured, there is no ascending wedge here and although the pull back was shallow, it is still in the Wave 2 zone and went below the 0.38 Fib which was supported by the 200 Day MA. A lot of options are still very much on the table here but in the s...

$CRWD - RC -

You gotta love $CRWD has done what it wants and has just been glued to our chart since the start of the year. As long as it continues on the left hand side of the 200 Day MA, this will likely keep going.

$KO - POTENTIAL BUY TARGET SOON -

I am watching the pull back here for $KO, to pull back to the 0.38 Fib at $61.32 and then I will start a position. I think it has been really tested over the last few weeks and has passed with flying colours that it is a haven during times of volatility. 

$JPM

You've got to admire Jamie Dimon for helping along his own share price to continue down Wave C today. He is right by saying the banking issues have not gone away....but what he didn't mention too loudly is that $JPM and $BAC will most likely benefit from smaller banks in trouble.

Which lead...

$COIN

Struggling again today and has lost the 0.65 Fib at $63.60 now, next test is at $58.63 now....the 0.78 Fib has offered support lately and bounced from there, failure to hold this level however and it is in danger of invalidating the impulse wave, as shown on the chart.

$VIX TOP 20

Second test of the support and bounced, this is the 7th time it has found support on this line now. It may be preparing for a big move shortly if it maintains this support.

$SPY TOP 20 UPDATE

Hit the higher of the blue resistance levels today and so far rejected but still early in the day to confirm a trend, you can see from the RSI that it is starting to bend down now after hitting a peak of 84.

We know that this needs to pull back even if it wants to go higher so in all cases,...

$BIOR - RC -

Very little can be done here, market cap is very small and a just reported a negative earnings, so I am reluctant to put in price targets above in case of a break out above of the wedge because I do not see it happening in the short term, if it can break out, retest and show some strength, I will...

1024 - KUAISHOU - HKEX

This has been trending downwards in a bull flag and showing signs now of completing a head and shoulders pattern, if this pattern can break out of the flag, it will break to the targets shown above. If this loses the H&s pattern from here, it will continue down the channel. 

$LYFT - RC -

Continues to behave as we called it and holding so far the crucial $8 support line. It has bounced and pulled back to hold the 0.618 Fib level now, still a bit to do to look strong enough to climb next for Wave C....there were rumours over the last week and a half that $LYFT was considering selli...

$VTI - RC -

The Vanguard Total Stock Market ETF, very similar to the $SPY, at the make or break point, I've added in a wedge here to show that the price action for now is still on the outside of the wedge, a break back into the wedge and more importantly above it and it is in to the bull case. A rejection he...

$RVNC - RC -

A very long consolidation in this range since 2014 when it IPO'd. This range is likely to continue unless there is a clear break out above the range and holds, a lot of Pharmas will consolidate for many years until they achieve approval for a breakthrough product and then it moves fast. If you ar...

$AI - RC -

Zero changes to this chart that I uploaded exactly a month ago, we anticipated the AI craze would continue, the question now is whether it is an impulse or corrective wave and that will not be confirmed until it enters the bull case above $42 and holding.

$AAPL TOP 20

Green in the PM now, we have got to imagine that that trendline at $68.40 is about to be tested and then the real fun begins, we will know if the market will break through or reject.

Daily RSI is at 75

1hr RSI is at 84

My thoughts, going by the indications....it needs to reject....

$TSLA TOP 20

Difficult day for $TSLA yesterday as I explained on yesterdays chart. Finished the day in the line, neither in nor out, the PM today has it back in for now but below the 0.618 Fib, a lot of work today to get this to bounce again but the market appears optimistic today after a mixed day yesterday....

$TDOC

I am watching this closely, very strict head and shoulders pattern here and coincides nicely with our ABC count, I have said before that this is a traders dream as it bounces between the ranges and so far it is continuing this formation.

Only a long term hold when it breaks out of the range...

$NVAX - RC -

I uploaded this chart two weeks ago and there are no changes here, we were looking for signs of reversing and so far this has done just that and at the exact date we were watching, still early to count the subwaves but I will be watching this for more signs of reversing, getting above the 50 Day ...

$NIO TOP 20

Great day for us patient waiters, we did not chase and it rejected hard attempting to get back into the wedge at $10.80. We have been here before, so it wasn't as big of a surprise to see it reject....the count was and is still looking corrective, this will only be confirmed once we go below $9.5...

BUY ALERT

I added to my $BABA position at $97.65

$KILTUSD - RC -

Breaking down from the wedge here and the targets below are as shown, very difficult to get anymore out of this chart with such a low market cap and an Alt coin.

$UNG - RC -

When it lost the support at $8.22, it was a slippery slope and likely to come down to the low $5's now. It has been a very difficult fund for many as it battles with political pressures, I would like to see some consolidation at $5.22 to build up strength again.

$TLT - RC -

A straight forward consolidation sideways and that is fair considering the market is also trying to decide its direction and it is not confirmed yet either, so in this case, both scenarios are still possible. 

$CHWY - RC -

Both cases are still on here too, three good earning reports but their fundamentals are still atrocious, they need to work on their margins and it may take another earnings to improve on them. PE is 325 and FWD PE is 249....this would be a gamble for me for now.

$GFAI - RC -

Up 105% now today and this was up considerably more at the opening at $18, this is a parabolic move and it squeezed hard....we know this is a concern, if this was a stock I owned, I would take some money off the table now.

If it can break out of the trend line wedge, the targets above are a...

BUY ALERT

I added to $PFE today.

$EXPR - RC -

Very interesting chart here, they have been given a notice of non compliance from the NYSE as the share price is below $1. Yet their fundamentals are remarkably strong, the share price sank over the last year as they took on debt and it went above their revenue, that has now switched back to heal...

BOOHOO - London Stock Exchange - RC -

It's been a few months since this has been uploaded but just sticking its head in to the bull case now, and if if i can hold above 59.30, it can go to 75.80 before a pull back for Wave 4, a nice hold for the remaining part of the year here.

$NVO - RC -

Incredible run here over the last 6 years from $30 to $158 now....likely to be running out of steam shortly as all 5 waves are nearly exhausted now. Over the last year and a half it is has been vertical movement too, this should pull back once $165 is hit.