The Long Investor

$NIO TOP 20 UPDATE

There was an attempt to break out of the trend and got rejected almost immediately and back under the 50 Day MA again, I know our members did not fall for this. Again we want to see this stay below $8.37, we are very close to entering the buy zone, one flush on bad news and this can drop and ther...

$DB

Deutsche Bank was already pulling back at the start of the year and now it has accelerated, losing the 200 Day MA now, I am watching for this to complete Wave C and not bounce at the Wave 2 point but I'll leave it in as a reference point.

$DAL - BUY ZONE ADDED -

I have been doing a lot of work in the background analysing companies to make sure we are ready to benefit from a suppressed market so I am adding buy zones once I am happy I've done a full assessment on a company.

From the last $DAL chart, I spoke about how this company is looking good, re...

$FUBO

Locked in this trend down now after losing the support line, likely to see this trend continue unless the company can intervene and stop the bleeding.

$PSNY

I've added some support Fib levels because it has struggled to hold $4 and the moment it lost it again today, it dropped fast, at the 0.786 Fib AT $3.73 it held before, if it does not hold this level again then $2.95 is next.

My chart is showing a lot of weakness, it really needed and needs...

$TSLA TOP 20 UPDATE

Has climbed right up to the neckline that it broke down from and so far been rejected at the $186 neckline, we want to see this remain as a resistance, likely to retest again, if not, it will come down to where Wave 2 is placed....likewise, a break above this neckline and it flips back to support...

$PTON

The problems for $PTON continue, that parabolic move in Jan has been met with a severe pull back and likely to continue its 5 waves down movement here, avoid.

$COIN

Bounced incredibly on the 0.65 Fib and continues to show strength, we can not deny how strong it has been looking and Bitcoin now too, it has been tested from the financial turmoil involved with the banks and so far Bitcoin is passing with flying colours. 

$BABA

Up in the PM, along with $BIDU. We have spoke a lot about $BABA at the right spot now to bounce, still early days but showing signs of support.

Do our members want me to update $BABA more frequently? along the same lines as our Top 20 list? like this post for yes, comment if it's a no. ...

$FDX

This was out $FDX chart leading up to earnings and now in the PM, with a good earnings, it has climbed straight up to Wave 3 now.

$EL

How many charts are we seeing with this exact set up lately?...this is usually what we see leading up to an earnings, where the stock price is preparing for both eventualities, maybe the market is signalling that it is prepared to turn bullish under the right circumstances and if its not, it will...

$EA

The last time I uploaded $EA was on the 4th of December, no changes to the chart, still working its way down and trying to find support, the 0.618 - 0.65 Fibs are coming close.

$DKNG

A lot like $PENN in that it has been consolidating for awhile, States are slowly starting to open up to legalise gambling and I've witness a strong advertising campaign from $DKNG in the US. $DKNG is at the top of the range now, will be looking to flip the resistance line to support and continue ...

$PENN

Uploading two gambling tickers now. First $PENN has been in this range for nearly a year now, if it can hold the blue line, it will continue within this range, so far it looks like a straight forward WXY 3 wave count with ABC waves inside.

$PFE - BUY ZONE ADDED -

OK $PFE for me is now in the buy zone and it is added today.

Holding the $39 price target I mentioned before and conveniently at the 0.65 Fib level AND a trend line support. RSI is showing a bullish move and MACD is also showing bullish trend.

I will start a position with $PFE tomorro...

$SPY TOP 20 UPDATE - AGAIN!

Just to keep you all updated as the SPY is having a strong day, 397 is what I'm watching, perfect 3 ABC waves in this Wave 2 now, so if it can reject at this famous fib level at the 0.618 - 0.65 Fib levels, then its coming down next.

$NVAX - RC -

This has come right down to where we expected it to be, make or break time and from the chart, if the blue line can hold, the upside potential is very favourable. Even if consolidates, looking good too, the key is holding $4 now.

$U

It's been a few months since I've uploaded $U, been following our trajectory and the first target is again back in play, failure to hold here and the second target is next.

Powercell - Swedish Exchange - RC -

Interesting to watch here of the length of days of Wave A and Wave C are the same but the price actions behaved completed different in both waves.

It's a good way of finding when Wave C finished. So now you need to watch whether or not it can continue in this wedge or breakout and turn bull...

$PATH - RC -

$PATH really delivered the goods today with their earnings, smashing their revenue estimates by 130% and beat on both fronts. Wave 5 price target remains the same. This is likely a leading diagonal to start off an impulse wave, promising times ahead it appears.

$PARA

I have been intrigued by $PARA for awhile now, Buffet has been adding here over the last year and although the fundamentals are good, the trend has been clearly downward. 200 Day MA has been acting as a resistance line too, I will continue to monitor this as I have been behind the scenes and I am...

$NET

I am rooting here for $NET, a favourite amongst some of our members. So far, its holding above the 0.618 - 0.65 Fib and the 200 Day MA now, needs to capitalise on this now, a break above the previous high and bulls will feel confident.

$HIMS - RC -

Staying above the Blue line so Wave 4 can be complete if this can maintain above the support line and Wave 5 is next.

$GOOG TOP 20 UPDATE

Very much into forming the right shoulder now of the head and shoulders, 200 Day MA above may act as a resistance level and this will end the top of the right shoulder. This wave formation is not impulse by any means, if we get a rejection at the right shoulder, this will likely come down to comp...

$GM - BUY ZONE ADDED -

Very similar set up to $F, struggling lately but fundamentally a very strong company, what we want to see is a new low and we are into the buy zone here, as a long term hold, this is very attractive. 

$FFIE - RC -

Following a number of struggling EV stocks, like $RIVN, $PSNY and $LCID, looking to find support soon here and ideally above the blue line, very low valuation here and bordering on $MULN territory now.

$NIO TOP 20 UPDATE

Yesterday we spoke about wanting to see $NIO finish below the previous low support at $8.37 and finished at $8.25, happy to see that confirmed so far, need this to stay below this level now. We are in the downward trend and below the 50 Day MA, as long as this remains this way, there is nothing e...

$SPY TOP 20 UPDATE

$2 Trillion liquidity back stop has been welcomed by the market but it has now gone from $25 Billion to $2 Trillion in the matter of 1 week.....we spoke about the FED waiting to use the nuclear option a few days ago. If banks start accessing this fund program, we are effectively seeing a return t...

$ALLY - RC -

Likely completing the ABC corrective wave now, confirmed now after reaching a new low after its Dec low. Really down into the Fib levels, so Wave C is likely to be short lived, important levels to watch here is the 0.78 Fib at $20 and the 0.887 Fib at $15.50 for support.

$ONON - RC -

No changes to this chart that was uploaded 5 weeks ago, it has been exactly as shown.

Decision time now, hold to complete Wave 5 and stay above the 200 Day MA or lose this support and it comes down to complete Wave X and come down to $16.50.