The Long Investor

$LULU - RC -

Earnings after the close today, typical chart leading to earnings, valid for Wave 2 completing and if the earnings are good, it can enter Wave 3...bad earnings and it can proceed down the yellow channel. $LULU have not missed on their earnings since May 2020.

$WISH - RC -

Really struggling now, just dipped below the blue support but managed to finish on it for the close yesterday, the last possible chance of support is at $0.28c. 

$RIOT - RC -

Strong pull back but for now, it can still be part of Wave 3 in green, if it fails to make a new high, this structure will look corrective and it is possible to come down for Wave B then.

$GDX - RC -

Sideways corrective move here. If it can break out of the yellow channel, there is a move up to $45, failure to get out of the channel and it continues down the range and possibly to test lows again before bouncing. 

$ENPH - RC -

Not much has changed from our last chart, I have added in the impulse wave, the question now is where will this drop stop, in order to start the impulse wave again, I have shown two potential levels in amber you should watch for support....fundamentals were high but their FWD PE has improved grea...

$MBLY - RC -

$MBLY IPO'd in October so the structure is only showing one wave so far so it is difficult to construct an EW count with only one wave but we can see the trend clearly. It has just broken down from the trend but the 50 Day MA may save this again and help it move up for Wave 5, failure to hold and...

$OXY

Buffet has just released that he has increased his holdings in $OXY by 3.7 million shares, we have been speaking about this for awhile now and no changes to our chart, we have said that Wave 4 looks complete and waiting for Wave 5 now....up about 1.8% in the PM. May be a good add here. 

$NIO TOP 20 UPDATE

I know what you are all thinking, I hope to God that this wait for $NIO will be worth it...and I hope so too!

The 200 Day MA on the 1hr is acting as a resistance line and this is something we are happy to see, $NIO is just at the 50 Day MA now at $8.91. I have added the chart we have been f...

$TSLA TOP 20 UPDATE

On the 1 HR chart here. I have added in an ABC count in amber, because if this breaks down from this bear channel, it may have completed Wave B for the lower Wave 2. A break down from this channel will mean that Wave 2 at $146 - $142 is possibly next.

Today it opened strong bounced on the 5...

$HUBS - RC -

5 waves up from its impulse wave looks complete now and looking for its corrective ABC wave to complete before going higher, nice structure and good earnings in Feb, I suspect when the next earnings is released in May, it will improve the fundamentals and valuation and the corrective wave will be...

$BABA - UPDATE - When I intend to add.

I know a lot of people are waiting to add here again on the pull back but SubWave 1 may be complete, I can not confirm this for sure just yet because the pull back has only just happened but IF it has started now, the fib levels as always we'll be watching for is between the 0.38 to 0.65 Fib for ...

$NNDM - RC

Consolidating now, hard rejection at Wave A, following Wave B now, will need to find support above the blue lines and continue this consolidation sideways.

$FCEL - RC -

Fought very hard to stay out of the wedge, which seems unfair after a very positive earnings beat, will need to desperately try and find support now, especially at the lower limit of the wedge, the wedge may carry it to the next earnings then. It does not want to dip below this wedge. 

$ETSY

Break down from the channel, went to retest and got rejected, classic flip of support to resistance, I suspect this will continue its decline as we projected. 

$CRWD - RC -

Make or break time for $CRWD now, can it break out of the channel?...first test has been weak but likely to test again, the test is right at the 0.618 Fib so potentially a good bit of resistance, if it can break above, and flip this to support, this will look good for $CRWD.

$SPY TOP 20 UPDATE

Just to keep you all updated on what I am watching with $SPY. Bounced at the opening for a continuation of Fridays close, ran all the way up to the 200 Day MA on the 1hr and just at the 0.65 Fib it lost momentum and has been coming down since, I would be surprised if this ends green today. Mega C...

$KO TOP 20 UPDATE

Sitting on top of the 200 Day MA on the 1hr chart now and above the 200 Day MA on the daily, looking solid and strong, I think this slowly moves along the green Wave 3 impulse now, pending no surprises, it hasn't changed trajectory over the last 2 weeks, so I suspect very little will get in its w...

$FSR

Good news today for $FSR that their range test came in better than anticipated, up to 707km now which is a massive range for an EV. I have two mid size EV'S and their range is between 330-350km. Either way, the chart remains the same, $6.40 is the bear flip resistance level now and we may still s...

$DXY

US Dollar index, this chart hasn't changed, it may be under pressure from a number of states particularly if Russia and China start to trade amongst each other in Yuan now. Other Asian countries may follow suit.

$VT - RC -

Vanguard Total World Stock Index ETF is following the SPY very similarly, what ever way I chart it, it keeps coming out with the same position, and what makes it more uncanny is that the counts are very neat and perfect.

$SQ - RC -

I have been waiting for more price action here and to see if $56.30 would be attempted again but it has held the support perfectly so far. I have no reason to doubt my chart here that it can not follow the right side of the right shoulder next, I believe many companies dissected the Short report ...

$BROS - RC -

A number of requests for this over the last few days and I am wondering why, maybe people are wondering why it appeared to break out and then fell back down, back into the wedge, I believe their poor earnings accounted for this. So likely in 5 waves down now and looking for support along the bott...

$DRV - RC -

$DRV has had a monster move and followed our projection perfectly, it is likely an ABC count for Wave Y so it will need to pull back once in order to go higher, approaching an important Fib level now so watch for possibilities of some relief.

$GMG - RC -

I uploaded this chart on the first week of Feb and its been beautifully following our projection. Would need to hold the 0.5 Fib to salvage the green impulse wave or this will continue down to Wave X in red.

$CELH - RC -

No changes here to our last update, below the 200 Day MA and looking to test it again, if it rejects, we can expect this to come down for Wave C still. 

$MP - RC -

This was a nasty rug pull during the $TSLA investors day where they stated that they may not be using rare earth materials in the future for their next drive unit and the share price tanked here on this news. This is a good company, strong fundamentals and profitable, it needs to find support now...

$NET - RC -

I get requests for this a good bit but there are no changes here, it has pulled back to the 0.618 Fib, has held and now holds above the 200 Day MA and looking comfortable. You are looking for a break above the previous high at Wave 1 and then a break into the bull case.

Failure to hold the ...

$HOOD - RC -

Both directions are still a possibility here, its latest pullback will need to hold higher than the previous low to keep the impulsive wave possible, if it can not hold above this low then I believe it will come down for Wave X, will need to hold here and Wave Y is next. 

$7.6 Bill mar...

$GOLD TOP 20

Broke above the first trend line and looking on course to test the next trend line for Wave 4, although coming in a lot sooner than expected....and I think it is fair to say that the banking crash caught everyone off guard so money moved faster into $GOLD.

This historical chart is showing t...

$QQQ TOP 20

I have uploaded this during the week and it is the same as $AAPL, it peaked on Weds and paused since. Into a smaller ascending wedge here and part of a bear channel. We have seen this before with $NIO when we get two bearish formations inside each other, it does not end up bullish....but let's se...