The Long Investor

$INDA

$INDA bulls have done very well here and have managed to get the price action back into the rising wedge again but have not retested the bottom line yet for a test of support.

That being said, a retest of the green line at $51 would suffice as a retest of support.

A hold of support he...

$SNOW - WATCHLIST -

$SNOW has given us a 3 wave pull back and held support on the 0.5 Fib too at $150.

Price has also responded well on this support level and has been making higher highs and higher lows and moving in an impulse manner.

There are no changes to my count here and I believe $SNOW can contin...

$HOOD

Really nice chart here from $HOOD, the ABC pull back finished nicely on the 0.5 Fib and held support at $36.

Since then there has been the start of a new impulse wave, with a series of higher highs and higher lows and moving in 5 counts so far.

Wave 5 looks to complete at the 50 Day M...

$RDDT

Price has so far held on the confluence level between the 200 Day MA and the 0.618 Fib at $110, after dropping from $230 down to $110 since the start of Feb.

We can see a good impulse wave higher to $230, followed by a standard ABC correction down

So a reversal can come next if the pr...

$TTD - RC -

A number of requests for this chart since it has fallen from $141 in Nov to $53 last week

This has been a significant drop and reversal and something that should cause a concern, there are many pull backs that offer an opportunity but a breakdown like this and dropping out of the yellow cha...

SILVER - TOP 10 - SAFE HAVEN -

Silver is moving around the First Target right now and so far has not flipped this level to support just yet, it may need a retest of the 50 Day MA at $32 first before making a second attempt at flipping this level at $34 to support.

The trend is clear and looks positive for the next +12 mo...

$HIMS

Nice movement in the PM now for $HIMS and something we are not surprised to see right now, as the 50 MA on the 1hr chart got flipped on Friday to support, we can see now in the PM that a higher high has been made so this confirms the trend to the upside next

I will be watching to see if the...

$ETH

$ETH is now back into the wedge again above $2000 and testing the large 0.618 Fib at $2107, which was a support level in June and December, before losing this support level in Feb

So a flip of this level back to support next will be a strong statement.

The 200 Day MA is all the way up...

$OSCR - TOP 10 -

$OSCR has been holding support on the $13 level since the start of November '24 now and this level has been tested on 4 different occasions, we know the significance of this level as it is the 0.5 Fib since the high in Sept. We want the price action to start moving away from the $13 level now and...

The LIT Sunday News

Government Debt Interest Costs Hit Highest Level Since 2007

Key Developments in Sovereign Debt Trends

Interest payments on pu...

$SPY TOP 20

$SPY has come close to testing its 200 Day MA from below this week and got as high as $571, with the 200 Day MA at $573, there was small pull back to end the week but no lower low has been made so there is no rejection under the 200 Day MA either

$SPY is also showing the same indications as...

$QQQ TOP 20

I have been sharing all evening that the majority of the Mega Caps are showing bullish reversal indications on their RSI and MACD and the $QQQ is almost identical to them all too.

Although the $QQQ has been behaving slightly weaker than the $SPY, I believe that $QQQ can also retest its 200 ...

$V TOP 20

Price has bounced back up to the 50 Day MA this week without needing to test the 0.236 Fib at $321.

We will be looking for a 3 wave bounce here and a rejection trying to make a higher high, if this can come in next then I believe there will be another leg down to the 0.38 fib at $293 to com...

$TSLA TOP 20

Continues to get a lot of hate online and videos of vandalism continue to be shared which is a direct attack on Elon more so than $TSLA itself.
In the short term this will cloud the strength of the share price until this settles I believe.

For now, the share price is just at its 200 WMA ...

$SHOP TOP 20

$SHOP has now bounced out of the Buy Zone from $89 to $104 on Friday and crucially back out of the wedge and buy zone.

All we need to see is a retest of the $100 breakout level and I believe this will continue moving higher to complete Wave 3 as shown at the 1.618 Fib at $159

$PYPL TOP 20

I think everyone in this group is aware how bullish I am on $PYPL in the buy zone and I have been buying in this range.

I have covered a lot on why I like it here and prepared to accumulate over other positions.

I believe there is a route to the 1.618 Fib at $136 once the price can co...

$NKE TOP 20

$NKE's earnings call really damaged the share price this week, as the CEO doubled down on troubling times ahead, in spite of a good earnings and a double beat

Price finally made it down to its MONTHLY 200 MA, which is an incredible position to be in for a brand like $NKE.

Price manage...

$MSFT TOP 20

$MSFT is showing bullish indications too and has made a lower low below the 0.38 Fib but the chart continues to look weak for me, I would need to see a drop to at least the blue line at $350 before considering a position here....that being said, the fundamentals do not align with the technicals h...

$INTC TOP 20

A clear consolidation sideways nows between the 0.78 Fib at $24 and the 0.887 Fib at $18 since July.

As long as the price continues to move in this range then I think this is a good area to accumulate for long term but for me, $AMD, $AMSL, $NKE and $PYPL offer better values right now in the...

$GOOG TOP 20

$GOOG again with the reversing indications, the price is still above the blue support line and a good bit above its 0.38 Fib which we know is the standard Wave A support level.

So a reversal here back to the 200 Day MA $178 will be an encouraging sign for $GOOG and a move back to $193 is po...

$DIS TOP 20

Holding support on the 0.618 Fib now and the RSI is also showing a bullish reversal bodes well for the week ahead and a test of the 200 Day MA which is at the confluence level with the 0.5 Fib and psychological level of $100

A flip of this level to support and I believe this can once again ...

$BTC TOP 20

Exactly at the 200 Day MA at $85k now as the market awaits the futures to come in.

Indicators are showing exactly the same as the Mega Caps we are covering and the market which is not a surprise as we know $BTC and the US Market moves in sync

This potential Wave 4 pull back is still v...

$BABA TOP 10 & TOP 20

Quite a bearish end to the week for $BABA as it rejected trying to stay above the ascending triangle top line at $145 and for me has put the triangle under too much pressure so we could see some consolidation in the channel as shown now.

The downside risk is again a retest of the blue suppo...

$AMZN TOP 20

This is still my favourite Mega Cap right now:

• Still holding above the blue support line

• Can still retest the 200 Day MA from below and flip this level to support at $200 and move higher

• RSI and MACD are showing bullish signals

• Still the ...

  2025-03-23 18:53:03 +0000 UTC View Post

$AMD TOP 20

$AMD is another position which is showing bullish signs from its indicators and this is on its weekly chart too, meaning the sell off has been more extreme and we believe there is even more value on offer now

I have maintained my position towards $AMD and have made it clear we are in the bu...

$ABNB TOP 20

$ABNB is not a priority for me in this current set up and I will need to see support held convincingly and strength building before considering a position because the set up is not there.

Price is still below the 50 and 200 Day MA's and the technicals do not encourage me to start a position...

$AAPL TOP 20

On a lot of the Mega Cap charts I will share today, there is a very common theme amongst them all nearly

Both the RSI and MACD indicators are showing positive reversal signs, the RSI's are moving bullish away from the oversold territories and the MACD are showing signs of flattening out and...

Earnings Releases next week.

$ASML - TOP 10 -

$ASML has been on it 200 WMA now since the 7th of October, which is a remarkable show of strength of this support level to hold for 6 months considering the pressure the Semi sector has been under.

$ASML and $AMD at or below the 200 WMA is an opportunity to me and I believe they are both su...

$TEM - WATCHLIST -

I am bringing this back to your attention because we are seeing support now confirmed on the important blue support line at $44 and the 0.78 Fib, followed by a positive move higher.

The next test will be flipping the 50 Day MA to support at $55, a successful conversion and I believe that th...