The Long Investor

$SPY TOP 20

Big picture stuff here, if we do enter the bear case and it is confirmed, this is potentially what we are looking at....I believe the CPI figures next week will be incredibly important.

$NVDA

Big test now for $NVDA as it sits on the trend line, failure to hold the yellow line and we are looking at 5 waves down, approaching lows the $140 level.

$COIN

The commentary I added under the $COIN chart yesterday has came to light, $BTC broke a critical support level and $COIN has come down heavy, just at the 0.65 Fib now and down another -7% today, I want to see this lose support here an come down to our blue lines for Wave B.

$PYPL

We spoke yesterday for the potential for a fake break out, so far that is what happened and to be fair to $PYPL, in the financial sector, yesterday was a difficult day and today for this industry, holding for now the 0.65 Fib, this may have to come down further before it can break out again and h...

$INTC TOP 20

It appears that $INTC has been going against the market over the last 2 days and performing well but it is because, we believe it is completing Wave 4. ABC waves are very clear now on this Wave 4 so I will be looking for this to come down next....it can still go up to the 0.618-0.65 Fib at $27.41...

$PTON

Rejected at the first target after a negative earnings and has really struggled since, likely in its 5 waves down now as it tries to find support again. I believe at this stage, PTON will continue to look for a buyer or merger with a large company like $NKE or Adidas to help it continue.  2023-03-10 11:02:56 +0000 UTC View Post

$TNX

10 year. Very nice structure here, Wave A looks complete, I don't believe Wave B is done just yet, it may go to the previous high again and reject, I expect the corrective wave to continue.

$SINCH

No changes.

$MRVL - RC -

No changes to the last chart I uploaded of $MRVL.

$AMAT - RC -

No changes here, still holding quite well, in spite of market conditions, above the yellow trend line and showing support, Wave 3 is still possible.

$ZM

Working its way down through the support levels now, we are seeing the same with $PLTR and $ABNB, getting weak as the pressure piles on to the market, buyers may dry up as they wait to see what happens with the market, either way, we would still like to see $ZM hold the blue line, if it can hold,...

$PINS - RC -

Still trying to get above the $27 resistance line, failure to flip this to support then it is possible that this will come down again to complete Wave B. I think what is holding this at $27 is that it is effectively at its Fair Value price right now. This may consolidate for awhile because of tha...

$DXY

I added this chart on the 5th of Jan, zero changes here, behaving exactly as expected.

$PSNY

Like all EV's, they are struggling too, $4 target remains, its hard to see this reversing while the market is getting pulled down.

$BTC TOP 20

Big break down today and it was well overdue! Next test is the 200 Day MA at $19700.

$PFE

Big test coming up, will it hold this trend line support level, Fundamentally strong and indications showing a bounce is due.....bulls need to step in and the market is not helping!!

$SPY TOP 20 UPDATE

We spoke yesterday that we wanted to see a bounce and get rejected trying to get back into the wedge but wow this has been a very strong rejection!! 390 has always been a pivotal market for me, break down from 390 next and the bears are cruising and in full control.....we are not surprised to see...

$NIO TOP 20 UPDATE

Weak day again today, on the 15min chart we can see that the 200 Day MA in yellow is acting as a resistance line and the price is below the 50 Day MA now too, we are watching for a new low here, maybe tomorrow. Likewise, there is still another potential chance that this will bounce slightly, catc...

$TSLA TOP 20 UPDATE

Great movement from $TSLA, the Head and Shoulders pattern is a good formation to identify when a lower high gets rejected and where it can go next.

I won't labour on here because I have said the plan here for the last few weeks in every post.

All eyes on the 0.65 Fib now, failure t...

$SKY - RC -

A company that makes ready made homes to buy is a fantastic idea and the share price has ran incredibly from early 2020 to Nov 2021. Into the corrective phase now and again we see a company affected by high interest rates, people simply will not get mortgages at high rates or can afford them, thi...

$NCLH

Norwegian and other cruise airlines could benefit greatly along with airline stocks as the world reopens, I have personally noticed a large influx of passengers traveling more for cruises now and a younger generation seem to be interested here, which usually was not the market that cruises went f...

$FCEL

Was hugging the top of the wedge trend line and earnings released today and beat on both earnings and revenue, 28% and 38% respectively.  No changes here to our last chart uploaded.

$PYPL

I uploaded $PYPL recently and said I've added in a buy zone, after weighing up its fundamentals and determining that below $66, $PYPL is considered undervalued and would have a nice margin of safety by buying at this level. Buy Zones will always have this characteristic, it is the price we want t...

$META

Continues to perform well after bouncing on the 0.236 Fib, break above the previous high and $230 is the next target to complete Wave B.

$C

I think Citi will follow the same trajectory as the other banking stocks I have uploaded lately, as interest rates remain high, banks will struggle as less people will be borrowing, when this happens, banks margins tighten. More people will be saving (if they have it) but banks profit when people...

$SHOP

No changes here for $SHOP, has struggled since $54, working its way through the 5 waves down for now, $40 has held so far but likely a Wave 4 bounce.

$COIN

News breaking that other favourable Crypto banks may be in trouble is hurting a lot of the platforms today, $COIN had initially broke out of the wedge, turning out to be a fake out and is back in now and struggling. A breakdown and losing the 0.618-0.65 Fib will be bearish. In the $BTC chart I up...

$FSR

Consolidating since October along the blue support line, which spilts straight through the wedge, eventually a direction will need to be taken. Bounced very well on the wedge trend line on $FSR's guidance of 42k cars produced this year is still on track. And this week, $FSR released more photos o...

$DM

What a bounce off Wave 2 completing, bursting through the wedge trend line with no resistance and still showing signs of further to go. Ultimately, this will need to pull back in Wave 3, holding above the wedge will be make this very bullish.

$WISH

I can not get more accurate than this folks!!

Needs to hold this $0.45c support line like the previous low. $0.40c for me is the absolute last support, below there and holders are in trouble.