The Long Investor

$ETH

$ETH continues to be at the mercy of $BTC and has for the second time rejected trying to get out of this triangle but has again found support on the 0.618 Fib and 50 Day MA.

Price has been accumulating here since August.

If $BTC holds and moves higher, I suspect $ETH will have no issu...

$BTC TOP 20

$BTC has given the market a retest of the $69.1k blue support line....almost perfectly and has bounced so far to $70.2k right now.

This is exactly how all break outs should look like

The important part now is for $BTC to now stay above this level....a breakdown from here will likely n...

$INTC TOP 20

Up +8.6% in the PM now

The report was a miss last night but they announced further cost cutting measures and plan to cut a further 15,000 jobs which they expect to save $3 Billion from this changes.

Market seemed to like this and I don't believe they were expecting much positivity fr...

SILVER - SAFE HAVEN -

The pull back has slowed down after yesterdays fall but I still can not confirm that support is found just yet.....the very obvious 0.38 Fib at $32.146 is looking very enticing just below and I would be keen to add at this level once support is found.

The market pull back during this earnin...

$HIMS

$HIMS reports on Monday, market makers I believe got their wish to have this down at the 50 Day MA leading into earnings....remember this is exactly what happened with $AMZN yesterday as it dropped to $185 at the 50 Day MA and now it is at $200 in the PM.....an +8% swing in 24hrs....this is subst...

$AMZN TOP 20

$AMZN is exactly at the $200.00 level now in the PM, up +7.30% as I write this.

It has produced a blockbuster earnings report, with improvements across the board, so the first hurdle has passed.

The next one and final hurdle is the Bezos sell line, which we know he was aiming to sel...

$PTON

$PTON has taken off today after appointing a former Ford Executive as CEO and former Apple Fitness+ Co Founder and the market loves it.

It has broken out of this descending wedge at $3 and has simply rocketed up to $9.....clearly many people were aware that a positive announcement like this...

$CELH

$CELH is struggling to find support now too and the Inverse Head and Shoulders is losing its right shoulder now.

Price is still above the 0.78 Fib now so bulls still have time, but if the 0.887 Fib is lost at $29, then we are likely going to see a lower low here next and possibly down to th...

$HOOD

$HOOD also had a double miss but not to the same extent as $COIN and it is down -16% now.

It is worth remembering that $HOOD ran from $14 to $28 (100%) since August to October....so a pull back is needed and deserved.

The Green Fib levels were already present on this chart before the ...

$COIN

Is down big today -13% after a double miss after the close yesterday.

Earnings was missed by -37% and the market has not been kind here.

We know when a company misses that the impulse structure is under threat....and things are on a knife edge here.

The 50 Day MA has come to the...

$NVDA

There is a wave of selling today and yesterday, it is not quite at the same level as we saw in the last earnings season but a noticeable concern sweeping across the market today.

$NVDA has rejected heavy at its ATH level now on the retest and the next notable support level is the 50 Day MA...

$SMCI

$SMCI is in capitulation territory now with no end in sight as analysts have halted reporting PT's on $SMCI until they have resolved their issue

In a very large descending wedge now and if $26 is lost, there could be another flush down to $17 next.

Nothing looking good here

$LI

$LI had a double beat with some blemishes today (net profit dipped slightly) and the stock is now down -12% at the opening.

We can see that the pull back is now below the 200 Day MA but there is no breakdown in structure.

If the previous low is lost then a test of the 0.618 Fib is exp...

SILVER - SAFE HAVEN -

Silver is back below its 1.618 Fib now so I believe we are in subwave C of Wave 4 now, so we are looking for a hold at or above the $32.14 level to complete Wave 4.

I am also watching the 50 Day MA to see how fast it can move higher to also offer support if needed.

The market is in a ...

$ETSY - EARNINGS JUST RELEASED -

They have missed on Earnings but Beat on Revenue and the share price is up +6% in the PM now.

My chart has not changed, I have this in the Bear Case and the trend is still leaning to the downside here.

Price remains below all important moving averages too....unless the price can break...

REMINDER - IMPORTANT NOTICE - BILLING -

FINAL DAY BEFORE APPLE MAKES CHANGES FOR THOSE WHO SIGN UP ON THEIR APP!

Patreon have wrote to all creators to inform them that Apple are enforcing a 30% fee on all NEW MEMBERSHIPS purchased through their APP from the start of November.

I want to be very clear n...

$CHTR - EARNINGS ON FRIDAY PM -

$CHTR reports before the market opens on Friday and we are seeing some positive movement in the PM already today.

Price has been consolidating above the 0.5 Fib at $311 and is up to $340 in the PM today, I don't believe the move has started yet, it will need a positive earnings report.

$BKNG

$BKNG reported yesterday after the close and as always, it was a double beat and another impressive show of strength by the market leader.

There are no changes to this chart and we have been following this for two years and it has been flawless.

$BKNG is also showing a perfect chart:<...

$TGT

$TGT is still not giving us a reason to add to our position right now.

Price has dropped below the triangle, which is also below the 50, 150 and 200 Day MA.

It is still holding above the 0.618 Fib at $145, so this is an important support line to hold

They will not be reporting t...

$MSFT TOP 20

We have had our concerns about $MSFT

It is not because it is a bad company or it even produced a double beat on earnings with very little concerns.....but the chart has been showing a different story over the last few weeks.

Unlike $GOOG, which was struggling too but still holding abo...

$BIDU

Like I said on the HSI and $BABA charts, we need to get to the 5th of November and the results of the US election, this is the date that Chinese Policy Makers have said they will announce a fiscal measure that will greatly flood capital into the Chinese economy....possibly to the tune of $1.4 Tri...

$TSLA TOP 20

Not a lot has been said about $TSLA over the last few sessions because there has been a lot going on elsewhere but we can see that $TSLA has rejected trying to get above its previous high from July and the price is back into the wedge again.

Like I said before, I think a good scenario for $...

$QQQ TOP 20

Down -0.80% in the PM now but for some, it may feel that the market is down a lot more with the some harsh declines post earnings but in reality, the market has moved very little.

Price is just below the last amber Fib level again, back to the price it was at on Friday at $492.

$AMZN,...

$PLTR TOP 20

$PLTR has found some resistance at the $45 level, it has also been revealed that Karp has sold $177,000,000 in shares over the last 2 days.

Earnings are trickling out and they have been mixed, with some very strong swings to the downside....$PLTR reports on the 4th, it will need something s...

$META

$META reports after the close today and it has been running bullish into this earnings, as it has done this since the start of 2023.

There have been mixed reactions to $META earnings this year, with some record breaking gains and losses after each event....but overall, the price continued t...

$UAL

$UAL has gone from $37 on the 5th of August to $80 today and bizarrely there is no change to this chart since I uploaded it last on the 21st of August '24.

We have Wave 3 as always at the 1.618 Fib at $103 and it is still here

The chart is as a parabolic as you'll see now.....so a pul...

$SMCI - IMPORTANT NOTE -

If we take out the information we know from today after EY resigning from $SMCI's audit and just look at the chart, we can see that the $49 level was behaving as a resistance level.

Just by looking at the chart, there is just a clear rejection at $49 and a break down below the blue support ...

$HIMS

This 3 wave pull back has been harsh, particularly today, so it could not be considered a Subwave 4 of the original Wave 3 on the previous chart, as the pull back infringed upon Subwave 1.

And since the pull back now has come down exactly to the 0.5 Fib at $18.60, it is more in line with be...

$NIO TOP 20

The 200 MA on the 1hr was the limit for the small impulse wave and we have the pull back now

Price is already testing the blue support line at $5.32 now, just slightly below the green 0.618 Fib at $5.37.

$NIO needs to hold a higher low now above $4.95 which it hit last Thursday.

$PYPL TOP 20

$PYPL has rejected at the 50 MA on the 1hr chart and we can see that it is below the 50, 150 (orange line) and the 200 MA on the 1hr chart now, so I expect a lower low to be made here.

I will be keen to add to $PYPL and will aim to add under $70.

If you are not comfortable with a decl...