The Long Investor

$V TOP 20

Very little to add here too, parabolic move now towards the 1.618 Fib at $366 which has been locked in now for a number of months.

Entering now is not advisable and waiting for a Wave 4 pull back is the sensible approach.

What triggers this Wave 4 pull back will be very interesting 2025-02-17 20:24:53 +0000 UTC View Post

$TSLA TOP 20

I do not think anyone is surprised to see where this ended up this week, exactly on the $355 level that we have been watching for the last few months.

Price dipped as low as $325 but bulls started adding in below the 0.38 Fib and this appears to have been a good area to accumulate.

Th...

$NKE TOP 20

$NKE has had a good week, bouncing from a low of $68 and finishing the week at $73. The monthly MA was not tested at $65 but it still can not be ruled out yet either.

Price is back into the Buy Zone and I have shared my Long Term Projection here a number of times and it can also be found in...

$MSFT TOP 20

$MSFT finished the week at the $408 level exactly and was looking like losing this level to finish the week

$MSFT lives to fight another week and if the Market can break out above $610 then this could help $MSFT move sideways for another few weeks too but I think a correction here is inevit...

$ETH

This is the same chart I shared 3 days ago, with no changes.

We have a hold on the 0.5 Fib at $2522, followed by a breakout of the channel, followed by a retest of the channel from above and also making this another higher low and now we have a higher high in.

These are the bullish in...

The LIT Sunday News

Inflation Concerns Resurface Amid Market and Political Uncertainty

Inflation and Market Reactions

January’s CPI inflation r...

$GOOG TOP 20

$GOOG is still holding the bottom line of the channel at $186 but it was making tough work of it during the week, price is also below the 50 Day MA and the $193 level so bulls have work to do.

$GOOG went from being one of the most bullish set ups out of the Mega Caps to now fighting to hold...

$DIS TOP 20

Nothing to update here, a drop down below the 0.38 Fib at $106 and I will confirm Wave C and this should be dropping into the Buy Zone to test the 200 day MA at $100.

A hold however on the 038 Fib is a typical indication that we are in Wave 4, since we already have a 0.38 Fib and test and b...

$BTC TOP 20

There is very little to add this week, the price is still above the important Green 2.618 Fib at $95.1k
Still holding between the 0.618 Fib and 0.78 Fib range and holding above the descending wedge breakout level.

The only bearish indicator I see here is that the price is still below the...

$BABA TOP 20 & TOP 20

We have had 6 weeks to remember here, from $80 to $126 and finishing the week above the $121 range top line was the icing on the cake.

My third largest position jumping +50% over a short period of time, coupled with the astronomical returns of my largest position from $HIMS has made this we...

$AMZN TOP 20

In last weeks update I said that a pull back to the 50 Day MA slightly above the 0.618 Fib is the likely direction next and that is exactly what happened this week, the price then held on this MA to finish the week.

The $SPY and $QQQ are testing their top lines now and could break out from ...

$AMD TOP 20

The last 2 weeks have been slow but the bleeding has slowed down too, this week reported a higher low and a test of the 200 WMA from below

So far it is only a test, there is no recapture and no rejection at this level either.

Price still needs to flip $115 to support for us to feel mo...

$ABNB TOP 20

$ABNB got the move this week we were waiting for and I covered this in detail every week for the last few months, waiting for this break out.

A very strong breakout has happened too and I don't recommend chasing here unless there is a pull back, so I have added the pull back levels now in g...

$AAPL TOP 20

$AAPL finished the week back above the blue support line, above the top of the ascending triangle line and 50 Day MA at the 1 Fib at $239.

This set up favours the bulls now after holding above this very strong confluence range between $237 - $239.

As long as $AAPL continues to hold ab...

$BYON

A lot of people looking for $BYON, $GRAB, $OSCR, $SOFI this weekend, I know people are eager to find the next 5 X bagger....they won't all hit like $HIMS and $PLTR but we'll watch all the set ups and take a position if the risk assessment is there for more upside.

$BYON is on the cusp of br...

$EL

This is not the chart I shared on X, just the text below....there is a clear disconnect from the share price and its fundamental and technical set up here....at the very least a relief bounce is next shortly.

TWEET:

Why did Burry buy 2025-02-15 13:55:35 +0000 UTC View Post

EARNINGS FROM NEXT WEEK

Remember the market is closed on Monday due to a Bank Holiday for Washington's Day.

Important earnings this week for our group, particularly $BIDU, $IQ, $OXY on Tuesday and $BABA, $WMT, $XYZ, $NU, $BKNG and $RIVN on Thursday.

$PYPL TOP 20

I added yesterday to my position and I am considering adding again next week if the price continues to hold above $75.

- Bullish Technical Set up

- Subwave 4 pull back

 - -42% below its 200 WMA (technically extremely undervalued)

- FWD PE of 13

- Profit Marg...

$BABA TOP 20 & TOP 10

Saturday morning inspiration.

$VSCO - WATCHLIST -

Bringing this back to your attention because of the remarkable similarities to $PYPLS set up right now, which I did add today.

If you are not a fan of $PYPL, then $VSCO may be more suited.....both are holding on their 0.5 Fib levels so far.

So as long as $32 holds here, I have Wave 5...

$SMCI

We have to count as the theory states, regardless of how we feel about $SMCI.

Wave 2 held on the standard 0.618 Fib, and in a descending wedge, followed by a breakout of the wedge and breaking above the blue resistance line.

Earnings are out of the way and have shown that they are sti...

$GRAB - WATCHLIST -

The original chart already had the First and Second Targets on it and this was uploaded in late 2024 before the breakout above $4.

Now I have added in the impulse wave and I believe we are into Wave 5 now

A solid hold on the standard Wave 4 support level on the 0.38 Fib and the First...

$ACHR - WATCHLIST -

I added this week and very happy with our entry, we got the retest of the triangle on the 50 Day MA and holding, so we executed....a break down below $9 and we need the 0.5 Fib to hold at $7.71 or the structure is looking weak.....but we are nowhere near that now.

We have a higher low now s...

$NIO TOP 20

It's been slow but it is moving in the right direction and continues to hold support on the 0.887 Fib above $4.07

We are also above the 50 Day MA after todays move and the 200 Day MA is at the trend breakout level now at $4.80

This is the important level to breakout of and hold now.<...

$BLDE

Nice bounce on the ascending triangle bottom now at $3.35 and on the 0.887 Fib and we can see that the price action has recaptured the 50 MA on the 1hr chart, we need it to keep moving higher and take the 200 MA on the 1hr chart which is exactly at the first resistance/support line at $4 now.

$HIMS

Short squeeze has continued today and we have a high so far at $64.84....and as I right this there is some cooling off.

We have run to the 2.618 Fib at $62 which is certainly extended for a potential Wave 3

I am still of the believe that this is still in Wave 3 but it has gone parabol...

$PYPL TOP 20 - WATCHLIST -

Folks I think there is a sweet spot right here holding on the 0.5 Fib at $75 and above the 200 Day MA

Worst Case scenario there is a bounce for Wave B to $85
Best Case scenario is that the bounce runs up for Wave 5 to $111

Either way, I see a bounce next.

Daily RSI is at 26...

$DKNG - REPORTED YESTERDAY - WATCHLIST -

Earnings was a double miss and pretty bad on the EPS (-68% off estimates) but they had an upbeat guidance and the market loves it

So much so that we have a clear triangle breakout which I spoke about during this weeks update.

Price has not broken above the 52 Week high at $49.57, so ...

$AFRM

Wave 5 looks locked in now and the price action continues to behave strong and I believe this can continue to move up to our Wave 5 level at $90

I made a video about $AFRM a few months ago, I think it's time to carry on from where we left off there and show how we were able to find this im...

$AMAT - REPORTED YESTERDAY -

$AMAT beat but we already have this in an ABC correction and the price is down again nearly -5% in the pm now

We can see that the 50 Day MA is being tested here too and losing this level and the 0.38 Fib will be tested at $163, as it was in Dec

Holding this level and the bulls can br...