The Long Investor

$GSUN

No changes here, fans of GSUN should be watching to see if this can hold support on the yellow trend line.

Failure to hold and the next support is the blue line below. 

$TWLO

After a positive earnings this month, we can see that the share price shot up and as we know by now, when it moves this aggressive, it always comes back down and this is no exception....very similar movement to $PLTR too, really needs to hold here above the 200 Day MA to save the impulse wave, if...

$FSLR

Earnings after the close today too, this has rejected at our blue line after following our impulse wave up and the market has been showing a pull back, from the chart we can see that this can be a pull back for Wave 4 or the start of the corrective wave, the market has a habit of doing this leadi...

$BLNK

Earnings after the close today, I can see 5 subwaves in amber now in this Wave 5 and Subwave 5 has now gone below Subwave 3 for new lows so everything is in position to benefit from a good earnings, so if they report a positive earnings with a positive guidance, we could be looking at a reversal ...

$BAX

I can see 5 subwaves now in Wave 5 of C, so I will be watching for signs of consolidating and reversing next, recapturing the blue line which flipped this bearish will be a positive move for them. 

$PYPL

I have added a buy zone here, having analysed this company both technically and fundamentally. I have used this product for my company and personally for many years and I like their moat and their brand recognition, my only issue is how much their fees are....which is a personal issue, not so muc...

$UAA

Holding at where the 200 Day MA meets the 0.5 Fib, possible bounce is on here, fails to hold here then we would be looking at the 0.618-0.65 Fibs for support. Very much in a corrective wave however. 

$WISH

Creeping closer to the support line, really needs to hold here. Market Cap at $484 million with Sales of $737 million and remarkably they are carrying no debt. 

$CHPT

Has entered into a partnership with $FSR to allow them access to all of their charging spots and has reacted well to the news and the 31% jump for $FSR today too.

Regarding it's chart, we haven't changed anything here but added in the Wave C subwaves, I like the structure so far, nice pul...

$NIO TOP 20

$9.50 was a previous support that we were watching last week to break down from, today we saw a retest and rejection of this level while a lot of EV stocks have done considerably well today. My full commentary on $NIO and the plan for the week was uploaded yesterday, I would like to see this come...

$SQ

I am keeping an eye on this potential inverted head and shoulders pattern forming with $SQ, its been consolidating nicely between this range for nearly a year now, one last flush and this could come down and bounce a lot higher.

$FSR

Bounced on the trend line and is probably getting squeezed a bit now. Back above the blue line for now that has been a strong support line for the last 6 months, the market probably enjoyed the 42k deliveries expected in 2023, so far, FSR have done everything they said they were going to do and o...

$TSLA TOP 20

The buyers keep stepping in, regardless of what the chart is showing, break above the previous high and the next big test is at the trend line.

$FUBO

15th of Feb we said that it needed to hold its bounce or it's coming down and a miss on earnings brought this down, really needs to hold the previous low now. Revenue was up in their earnings so there is still a future for $FUBO.

$PSNY - RC -

A lot of the EV startups have been struggling lately (apart from $Tsla's bounce) and $PSNY is no exception. I believe this can test $4 again and will need to hold support there as there is little support below. I do expect this to bounce, like other EV companies, the question is when now.

$DIS - RC -

Struggling lately and with a lower high confirmed now, I am watching for another lower low and this should bring us in the bear case and our Wave C in red will be our target. No changes in this chart from the last one I uploaded, following our count nicely.

$SINCH

Very substantial pull back with very little pull backs from the top until October last year, leads me to believe we are in Wave B of Wave C corrective wave now. I do not believe the final lows are in yet.

$PXD - RC -

Firmly in the corrective phase now, new lows and lower highs confirms this, would  be watching for levels of support now and where this down trend ends and there is some consolidation, the 200 Day MA appears to be aligning with the 0.5 Fib shortly, which would be a good area for support to h...

$XLE - RC -

No changes to this chart since the last time I uploaded it, still in this ascending wedge, a corrective wave is due and this is in line with this pattern formation, bull case remains in case there is a bounce on the trend line, failure to hold the trend line and we are into the bear case and the ...

$EMBK - RC -

Really testing the wedge limits lately, a nice breakout and hold and there is considerable upside, failure to break out and this would need to try and hold the blue line as a previous support.

$NIO TOP 20

Obviously a very good week for us Nio fans and especially those who sold when it failed to get back into the Red channel and waited (painfully) for this to come down. If you notice the vertical blue line that cuts down the middle of the chart, you can see on the RSI and MACD indications, that it ...

$VIX TOP 20

The Vix has been a solid indicator for the market lately, it was showing all the signs that a bearish move was coming when it broke out of the red channel. We could be looking at the start of Subwave 3 now, a break above the 200 Day and this is a very bearish move for the market.

$SPY TOP 20

We have always stayed true to our strategy and although it was questioned a lot, we always leaned bearish, in spite of the the 'bulls' best efforts. $SPY really struggled towards the end of the week and when PCE and a number of inflationary indications came in hot, this went bearish, lost the wed...

$QQQ TOP 20

On the RSI indicator, this needs to hold the red trend line, losing this and this comes down. The MACD is already showing a bearish move. Same with the $SPY, this may see another bounce but I suspect it will reject and complete for Wave 2 in red.

$PLTR TOP 20

Like $ABNB, it has substantially pulled back and we were not surprised to see this as $PLTR's move up in the middle of Feb was very parabolic, the gap here fills at $7.80 and this could happen very quickly on Monday and then bounce. 

Failure to bounce and this makes a new low below $7....

$ABNB TOP 20

I have uploaded this a few times during the week, I think we are all comfortable with the plan here, it has pulled back substantially after jumping after a very good earnings, has almost pulled back entirely to the price it was at before the report was released, it is also at the 0.618 - 0.65 Fib...

$MSFT TOP 20

Continues to move down and all indications are showing a bearish move now, last hold support is the 50 Day MA, if this does bounce slightly and then rejects off the blue line or the trend line (in red) this will drop fast.

Again, new lows would trigger the bear case and into our buy zone,...

$KO TOP 20

Remains one of the only stocks from our list to show indications that have been positive and bullish trending. It has been holding well above $59 and as the market starts to trend down further, this may hold even better as people move their money into solid, dividend stocks like this. Ideally we ...

$HD TOP 20

This has been going to plan since it got rejected from the blue line at Wave C in amber, lost the 50 and 200 Day MA and the historic trend line in yellow. We are watching for new lows now, very similar to $COST. As money starts to tighten, people will be reluctant to spend on their home and delay...

$COST TOP 20

Dipped under the wedge slightly this week but held by the 50 Day MA, will need something special to hold this in the wedge and with the earnings reported now, its hard to see where this will come from. We are watching for new lows at $450 now, if it breaks lower, then we can look forward to the b...