The Long Investor

$DOGE

Like I just said under the $TSLA chart, the 1.618 Fib for Wave 3 is like a magnet, the price can overshoot this level but the price action has a strong habit of drifting back to this level to complete Wave 4....which is at the 0.38 Fib at $0.33 now.

It is my belief that Wave 5 has not start...

$TSLA TOP 20

$TSLA has overshot the 1.618 Fib but we know how this Fib level behaves, it is like a magnet, so it is not a surprise to see $TSLA down in the PM now and the price drift back to the 1.618 Fib at $453

I am watching the retest now and if the price does not hold support and rejects beneath thi...

$HIMS

Strong bounce at the open yesterday and this pushed the price up to $33 before the market fade but like I said in yesterdays commentary, I just want to see the 50 MA flip to support and hold above $31 this week....and that is how the session went and ended yesterday

We will find out today f...

$NVDA

$NVDA has respected the Fib support levels since September so there was no reason to doubt the test of the 0.5 Fib yesterday at $127, worst case scenario was a flush down to the 0.618 Fib at $120.

Price bounced almost immediately and now above the 0.38 Fib in the PM above $133.

I adde...

$UPS - LONG TERM PROJECTION

$UPS is looking like a Value play here shortly

• Below the 200WMA by 50%

• Between the 0.618 - 0.78 Fib for Wave 2

• Declined since 2022

• Has not followed the US market

• Fundamentals are healthy and undervalued

• Divid...

  2024-12-17 20:28:11 +0000 UTC View Post

$URBN

$URBN has also hit the First Target this week too and continues to look comfortable in this Wave 3.

Golden Cross should happen this week too and this further confirms the bullish trend.

Bulls want to see the First Target converted to support first before expecting a run to $65 and $75...

$PSO

First target have now been hit!

A break and hold above $16 is what the bulls want to see next and then this can move up to the Second Target at $19, which would be an impressive run since the Inverse H&S breakout neckline at $13.

$UNH

$UNH continues to drop hard after the assassination of their former CEO

Analysts have said that its drop has been so severe that it is effectively the Dow Jones Industrial Average now

We can see on the chart just how severe it has been, as the price is now down below the 200 WMA, in o...

$JASMY

I am watching this 3 wave pull back now in between the smaller 0.5 - 0.618 Fib levels right now after completing a 5 wave move up to $0.048

A lower low is in now and the 3 waves is clear so I just need to see support being held now before I expect a move higher next

$BTC has made anot...

$DJI

The Dow Jones Industrial Average, the benchmark of the US market since inception in 1896 is looking like it is on limited time now above the 2.618 Fib, we can see that this was the limit for the Cycle Wave 3 too.

It is unlikely going to stay above this level for too long.

As we know, ...

$PLTR TOP 20

Yesterday we got a test of the 0.78 Fib at $78 followed by a rejection and now the price is holding below the 0.5 Fib, so we have a lower high in now, a lower low next below $68 would confirm the trend to the downside

Until that happens the Bulls can step in at any stage and try push this h...

$NTNX - RC -

Moving in Wave 5 now and is retesting the blue support line this week

A pull back to the 200 Day MA at the 0.5 Fib at $58 - $59 would be no issue but I would need to see this hold above the 200 Day MA to confirm a move up to the 2.618 Fib next of Wave 5.

Not seeing any concerns to the...

$EWZ - BRAZIL MARKET ETF - DIVIDEND 8.46%

$EWZ is at a very interesting spot right now as it retests it's bottom support line in this triangle at $23

Losing this level and the price can drop down to the red line, which is the 2016 low at $17.

The attractive points here is that it has not been following the US market to ATH's ...

$RLX

$RLX like $AAL are both giving us a nice pull back now to test their breakout levels.

The 200 Day MA is sitting right at the breakout level here at $1.81 so this is the level of interest for us to add again.

We can also see that the 50 Day MA is moving up to this level too

A tes...

$NVDA

We now have a lower low now in the PM, price is below the green ATH line, below the 50 Day MA and dropped down out of this triangle.

3 bearish indicators right now.....while the rest of the Mega Caps storm higher.

I have added in the white fib levels to see where support can come, wit...

$TLT - SAFE HAVEN -

$TLT is still above its 0.618 Fib at $89 and still not taking any direction until we see what happens with the US 10YR at the top trend line....which will likely be decided by the FED this week

I would like to see the FED pause cuts this week, I don't see any benefit to cutting this week, t...

HSI

HSI continues to hold above the 0.618 Fib at 19.038 in white but i'd like to see a higher low from this current small pull back, otherwise we could be looking at another test of the white 0.618 Fib again.

A pull back in 3 waves holding above the 0.618 Fib since its high in October still mea...

TWEET: HIGHEST DIVIDEND YIELDS IN THE S&P 500 RIGHT NOW

Highest Dividend Yields in the S&P 500 right now:

$WBA: Dividend Yield: 13.6%

$MO: Dividend Yield: 7.2%

2024-12-17 12:38:58 +0000 UTC View Post

$PFE

$PFE is up in the PM now after they reaffirms its Full Year 2024 Guidance and offers 2025 guidance and revenue outlook:

'Pfizer PF...

$HIMS

Yesterday we were looking for a hold of the 0.38 Fib support level at $28.57 for support, this was the 3rd time this level was tested since the 11th of December.

Price dropped -4% at the opening and immediately bounced and finished the day up +4% and the price made its way back up to the 50...

$BTI - SAFE HAVEN -

Back on the move again after holding support above the 0.5 Fib at $34.

Price is still in our trajectory that has been in place now for 18 months, guiding down to the Wave X point and now back up to our Wave Y level at $47

Dividend here is a whopping 7.79% too.

$AVGO

$AVGO is behaving in the very definition of Melting Up now!

Bursting through the ascending triangle at $186 post earnings and hit $247 today and adding another $100 Billion onto its Market Cap today alone!
I have added the 4.618 Fib extremely extended Fib level to see how far this could...

$MTCH

In terms of fundamentals, $MTCH is quite attractive and considered undervalued, it is also a sector leader

They also pay a modest dividend too of 2.4%

There is a possible Cup formation here but it needs to break above the yellow trend line at $35 and the 50 and 200 Day MA are in the w...

$BTC TOP 20

Is starting this week with a bang!

Multiple pushes higher over the last 24hrs and right at the top of the channel limit at $107k

I believe $109k will still be hit by EOY and looking comfortable right now

The Melt Up scenario would be the extreme limit at the 4.618 Fib at $123k<...

GOLD - SAFE HAVEN -

I post a lot about Silver because I have a heavy position but Gold has been a great Safe Haven over the last 2 years, as the market presented some worrying signals and many investors added this to their portfolio.....however, in spite of a lot of red flags, the market still melted up higher.

$CLSK

Strong bounce on the 0.618 Fib today which is exactly what holders want to see and up +8% now

We know where the big test is next, getting above the 200 Day MA at the yellow support/resistance line at $15, flip this level to support and bulls can enjoy more upside and the target as always is...

$BLDE

Retest of the yellow support line today and has so far bounced +4.5%

We want to start seeing the higher levels recaptured now

With the 0.38 Fib next at $4.36 which will also align with the 50 MA on the 1hr chart.

We have 3 strong looking pull back waves now so I have seen enoug...

$PLTR TOP 20

$PLTR showing that it has hit resistance and rejecting at the 0.78 Fib today after a pump at the open followed by a dump to -6% now.

Likely a buy the rumour sell the news event after been added to the Nasdaq 100 on Friday.

This may be some play acting by market makers to pick up cheap...

$CELH

I would not be surprised in the slightest to see a +10% move coming here shortly over the next few sessions and continue running to our 1.618 Fib at $36.95

Indicators are showing a clear trend upwards and I would be happy to say that the 50 Day MA is doing a good job of holding support so f...

$HIMS

Very nice response again today on the 0.38 Fib, tested it perfectly and bounce from -4% to +2% now but we are still very early into this trading day and week.

FDA shortage decision will be made on Thursday, so as it was rightly said in the chat group, there will likely continue to be some v...