SamSuka
The Long Investor

The Long Investor

patreon


The Long Investor activity

$DDOG

Testing the $66.50 line again, if it loses it, then $42 support line is on.

View Post

$COIN

We spoke before that $COIN needed to break above $59 to make this count invalid, it has not done that yet, so my count is still valid, a very large bounce for Wave 4 but this has been common across a lot of stocks and crypto lately, as many believe (still believe) that the bottom is in.

A...

View Post

$DNA

Needs to hold $1.45 or our target looks good. Waves are looking very structured, I would be surprised if it holds $1.45

View Post

$SHOP

I highlighted yesterday that $SHOP was showing strong signs of a breakout, bull case is now triggered, just needs to hold above $45 now.

8% up today on what is otherwise a very difficult day for the markets and tech stocks.

View Post

$VIX

Knocking on the trend line now, popped 8% today so far.

View Post

$PLTR TOP 20

That was a nasty fake out by $PLTR, I hope our members did not get caught here. It is a little further on than $ABNB, $PLTR looks confirmed back into the channel now and our target is very much on.

View Post

$ABNB TOP 20

Is this a fake out now as it is trying to get back into the channel or is it testing to see if this previous resistance is now support....very interesting here for ABNB

View Post

$NIO TOP 20

Not until I see $10.60 broken down and then $9.50 losing support will I confirm the bear case, Nio does what she likes ha!

View Post

$SPY TOP 20

Earnings have started and so far it's been going as we expected, declining. Rejection again at the upper trend line and broke support. My update over the weekend remains, I would need to see $370 broken down before the bear case is in.

View Post

$CHPT

Uploading this one again as its a popular one, some nice pull backs since the bounce, I like to see structure like this and happy that it's been glued to our projection. No changes here.

View Post

$RRC

Possibly ending Wave C now with an ending diagonal. I would give this until the 0.5 Fib, below this level and it could be into the bear case.

View Post

$ABML

Nice bounce on support, likely in a three wave count WXY, will need to break out of this wedge to turn bullish though. Below current support and $0.12 is the last level for support then.

View Post

$FSR

FSR continues to consolidate here since October, my opinion is that the market needs more information to decide which direction it is going to go...eventually the wedges will decide then, I would prefer to hear a positive catalyst from the company because as it consolidates, either direction is p...

View Post

$SOXS

Relief bounce shortly but I believe this has not bottomed yet.

View Post

$BAX

Bottom may not be in yet, one more leg down to complete Wave 5 is possible.

View Post

$SILVER

Rejected at the trend line, it may test again or continue on this projection down the channel.

View Post

$SBUX

Coming close to a crucial junction, needs to break above $110!

View Post

$PATH

First rejection at the Bull line, let's see if it can try again and flip this to support.

View Post

$MULN

When Wave C ends high, we expect 5 waves down, looking good to complete those waves down.

View Post

$TROW

Very nice structure here, corrective wave came down to just above the covid low. Bounced and pulled back to the .618-.65 Fib levels which is ideal for Wave 2 and then bounced again. Above $135 and the impulse wave is confirmed. 

View Post

$META

Hit our target and the RSI is looking stretched (at 78 on the daily), let's see if this comes down now to continue this projection.

View Post

$SQQQ

The question is, does it bounce from here? RSI on the 4HR hit 28 today. Oversold territory.

View Post

$CAN

It's had quite a run since saving itself from hitting the bottom blue line, below which and it was in trouble. Very straight bounce now with only one pull back so the corrective ABC count and Impulse count are still on the table here. A break out of the wedge and this turns bullish.

View Post

$MMM

It is possible that their cycle of a full impulse wave, followed by a corrective wave, which started in 2009 is now complete. Fundamentally a strong company with a PE of 10 and a ROE of 45%, all attractive margins too. There is a path to $166 here.

View Post

$ASTR

Nice pull back and bounce, $0.86 is the next resistance test.

View Post

ORRON

A break below the previous low and the bear case is triggered for me, looking for a bottom at 16.

View Post

$NIO TOP 20 UPDATE

Yesterdays move really looks to have altered Wave 2 quite a bit here, I was happy that an ABC count was in and showed signs of entering Subwave 2 of Wave 3, as per my weekend update, with the exception of the glitch at the opening, NIO has now been rejected 7 times from entering back into the cha...

View Post

$SHOP

Similar to $SQ, showing good strength, a break above the previous high and it can hold then bull case is triggered. A rejection and we can expect a new low. 

View Post

$SQ

In spite of the uncertain direction in the market, SQ has looked good, since it's bottom at $51, it has moved with good strength, solid pull back and strong bounce....the only concern is this earnings week, it could throw a spanner in the works.

View Post

$BABA

Still the positive sentiment about China continues, when the second target is reached, a well overdue pull back is needed. I believe this structure is still an ABC count.

View Post