The Long Investor

$SOFI

We really need to focus on positions that are in their Wave C right now if you considering adding at the moment, you do not want to be adding anything in Wave 5

I would urge everyone to be really greedy for support confirmation now too.

Any positions I have added over the last month...

$OSCR TOP 10

There will be many questions as always about $OSCR so I am getting ahead of this.

$OSCR is relatively holding up well against other positions and still holding at the 0.5 Fib as it has been since November, in spite of everything that has happened with the market since the elections on the ...

$HIMS

PM has opened deep red this morning as it was announced from the WSJ that Trump intends to be more aggressive with Tariffs planned this Weds and naturally the market hates this further uncertainty and just about all positions are red apart from some safe havens that are flat or slightly green. 2025-03-31 11:34:23 +0000 UTC View Post

The LIT Sunday News

Trump’s 25% Car Tariffs Trigger Global Retaliation Threats and Auto Stock Selloff

Key Developments

U.S. President Donald Tr...

$SPY TOP 20

The price action of the $QQQ and $SPY are just about identical right now and I have wrote a long commentary on how I see the market moving this week under the $QQQ chart just uploaded and have discussed the scenarios.

Similarly, a lower low here and the next Fib support level in play become...

$QQQ TOP 20

If you were looking at a chart for the first time and you only knew about the 50 and 200 Day MA and price action, you could tell without a shadow of doubt that the price action has kissed the 200 Day MA from below and harshly rejected at this level from Thursday onwards.

The only lifeline I...

$V TOP 20

$V is a rare company that is still above its 50 and 200 Day MA and has bounced well since sinking to $326.

I am still expecting our count to play out and a rejection will come before retesting the $366 level.

A break below the 50 Day MA at $342 and rejecting below this level will trig...

$TSLA TOP 20

$TSLA arguably has already completed its ABC pull back and went below its 200 WMA and has since popped out above this MA now

Which is why the set up looks different to the other Mega Caps

Its impulse wave is still valid but it must break above its 200 Day MA at $286 to complete Wave 5...

$SHOP TOP 20

$SHOP bounced out of the wedge and clearly tested the 50 Day MA at $109, price struggled to stay above this level and pulled back to retest the wedge top line again at $100 and failed to hold this level, a hold at $100 would have been a buy signal but it did not hold.

Now the price action i...

$PYPL TOP 20

My message has been clear on $PYPL, it is both technically and fundamentally undervalued now, it is in the same situation and long consolidation period that $BABA was in before it aggressively bounced back up to its Mean Reversion Zone in 1 month in Wave 3.

Wave 3 is next for me here too bu...

$NKE TOP 20

$NKE is still in search of support and did not hold on its 200 Monthly MA now, so it falls into the same category as $EL right now, a legacy sector leader in desperate need to find support.

The next test is the Covid low level at $60, below this level is the 0.78 Fib at $46.

$NKE has ...

$MSFT TOP 20

We have been concerned about $MSFT since last summer and I think the chart has been moving incredibly accurate since then.

The set up is still very weak right now and a test of its own 0.38 Fib has not happened yet and I believe this can happen next at $371

There may be a relief bounc...

$INTC TOP 20

$INTC I believe we have called this right and will continue in the consolidation range for some time, I am not seeing the start of an impulse wave but a set up that is weak and forming a triangle now which is typically found in a consolidation range.

This is still in the Buy Zone but I woul...

$GOOG TOP 20

$GOOG's set up is very similar to $AMZN right now, the only difference is that the price action has made a lower low here and never looked like getting back above its 200 Day MA over the last 2 weeks.

Price is also at the blue support line now at $156 and very close to its own 0.38 Fib at $...

$DIS TOP 20

$DIS is another position that rejected at its 200 Day MA this week and is in search of support now

A retest of the 0.618 Fib is possible next at $97 and the lower fib level at $91 comes into play at the 0.78 Fib if $97 is not held.

This is not an add until support is confirmed.

$BTC TOP 20

$BTC was showing relative strength against the market but with the market sell off on Friday and how highly correlated these both are, it meant that the 200 Day MA was under pressure and it was lost on Friday.

I do not think anyone should be expecting $BTC to be in different count to the $S...

$BABA TOP 20

$BABA I believe can still oscillate between the yellow range at $145 and $126 but a lower low is possible here and the blue range line at $121 is a very obvious place for a retest over the next few weeks if panic does spread across the markets.

Below this level and the price moves into the ...

$AMZN TOP 20

Big concern this week was the rejection of the 200 Day MA and this was seen across a number of charts and by the market, a lower low has not been seen just yet which is the last saving grace for the market but we must all consider that the set ups right now are not looking bullish, with a clean p...

$AMD TOP 20

I think everyone is clear on my situation here, I hold $AMD and whatever happens with the market I will continue to hold $AMD, I believe its decline from $227 to $103 is an ABC correction and the price is below its 200 WMA now and in the Buy Zone, this is not where I would ever consider selling, ...

$ABNB TOP 20

$ABNB continues to be pulled down by the market and a report came out this week that showed that travel between the US and Canada has dropped by -70% since the tariff wars began, which is likely not a good situation for $ABNB, as both sides of the border would use $ABNB.

Price action is in ...

$AAPL TOP 20

Two important charts for us to follow is $AAPL and $MSFT right now because both of them I believe are in their ABC correction, with $AAPL in Wave B now and $MSFT deep into Wave C

These two are legacy market leaders so it is not a surprise to see them front running the market.

Both hav...

$GOOG TOP 20 - TWEET -

History loves repeating itself.

$OSCR - TOP 10 -

Difficult day for the market today after Core PCE came in hotter than expected and now the FED's job has become a little harder

Trump will want the FED to reduce rates but the economy is still staying strong which makes it counterproductive to cut rates.

The spanner in the works I bel...

$GOLD - SAFE HAVEN -

GOLD and SILVER are clearly trying to tell a story here

This parabolic move with Gold is not normal, this is a $17 Trillion valued asset and to move like this means that a lot of buyers are stepping in....possibly countries too.

Silver is our safe haven and has performed very well ove...

$PLTR TOP 20

In this Wave B bounce, $PLTR went as high as $98, just $1 short of the 0.5 Fib amber range at $99 and has started a pull back.

I believe if the blue line is not held at $85 then I will confirm Wave C is now active, especially if there is a break down at the blue line, followed by a retest o...

$NVO

$NVO has not been able to hold support on the 0.5 Fib for Wave A after a number of a negative announcements came through, however the biggest concern seems to be the market share being lost to their biggest rival $LLY and their popular Wegovy Ozempic drug.

As always, when a Fib support leve...

$NVDA

I have been quite vocal on X on the importance of $NVDA to the market and I have shared these views in this group.

I believe $NVDA holds the key to the market and with $MSFT struggling and $AAPL hitting its Wave A target already, the market can not afford to lose $NVDA too.

$NVDA has ...

$NU

$NU has rejected at the 200 Day MA, the blue resistance line and now the 50 Day MA from below.

This aligns with our corrective ABC count and I believe this can offer an opportunity to add once this can continue dropping down lower below $9.72 and move down to our Wave C level on the 0.618 F...

NESN - TOP 10 -

NESN decided on the 1st day of 2025 that it has had enough and started its reversal, the price has not looked back since, from 72 to 90 now.

With the 200 WMA at 104 still looking like the target.

I believe we are still in a 1 wave bounce now so as soon as I see a pull back, I will ad...

$HIMS

The market is in troubled water right now as it battles to regain the 200 Day MA

PCE Core has come in hotter than expected and this will put pressure on the FED to hold rates again for next month instead of cutting....which is something Trump wants to see done.

With $HIMS I will happ...