The Long Investor

$ADAUSD

Ok in our last upload we said we were watching for $ADA to hit the First Target and bounce.....it did that, I did not get in as I was fast asleep, the bounce has been aggressive but a very nice 15% bounce to anyone who caught it.

I am not chasing it here, I will see how this behaves at the Second Target first.....$BTC m...

$DG - SAFE HAVEN - IMPORTANT -

$DG has finally pulled back after an impressive run from $102 to $140, which we warned about when we first uploaded this chart.

It is a safe haven when the market takes a turn as savvy customers watch for cheaper deals.

The Covid Low line is important here and it is sitting on the 0.38 Fib here which is where the ...

$GOOG TOP 20

I have capital aside now since I have waited for $AMZN and $AMD to pull back but they are holding strong and in $AMD's case, pushing higher.....coupled with the profit I have just taken from $ABNB, I am revisiting my $GOOG plan again...I like how it has pulled back again to its smaller 0.618 Fib and holding.....to be honest, ...

$NIO TOP 20

Nice end to the trading day yesterday and in my $NIO chart earlier in the day, we said that the 50 and 200 Day MA were getting closer, which means that a strong move was coming next....we wanted it to be to the upside and that is what we got.

We got our break above the 200 Day MA after holding our blue line on the buy z...

$ABNB TOP 20 - SOLD 50% -

We got a nice little pop out of this yesterday, pushing the price up to the 2.618 Fib above $142, at that point it struggled to hold and we started to see some early signs of a pull back.

I sold 50% of my allocation at this point and I will be looking for a good pull back to add again.

We spoke at the weekend abou...

$TSM

$TSM is also enjoying the Semi bullish train at the moment.

Subwave 4 pulled back to the 200 Day MA in 3 waves and has bounced and looks set to run to our Subwave 5 target at the 2 Fib at $107-$110

We can see that the 50 Day MA is about to cross through the 200 Day MA which is typically a bullish move.

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$INTC TOP 20

$INTC has had a fantastic day today, up +4%....like I said in yesterday weekly update, I was leaning for the First Target to be held and get a move up to the Second Target next. This is looking ever more likely now.

The 200 Day MA was just below if needed as support too but the price did not need it.

$PYPL TOP 20

10 Year Bond sale today and the CPI report tomorrow, meant $PYPL was unable to gather any momentum today and try and test the ascending triangle level or make a higher high.

However, a positive day tomorrow and if CPI comes in cooler than expected then we may get that move we have been looking for and the next stop will...

$ONON

Back testing the 200 Day MA today after pulling back last week and holding above the 0.618 Fib and 50 Day MA.

We want to see this flip the 200 Day MA to support next and it is clean sailing to our Wave 3 target at the 1.618 Fib at $33.

The 200 Day MA is at $29.15, so this is the level to break out above next.

$LI

$LI is looking good here.

Pulling back to between the 0.618 Fib and the 0.78 Fib and the 200 Day MA is coming up for additional support on the daily chart, this is a confluence level here that my propel this up Subwave 3 next and then ultimately to our Wave 5 target at $51.

It is worth watching this now for signs ...

$OXY

Positive news announced today from $OXY, that they are increasing their dividend and have announced that they are buying CrowdRock for $12 Billion.....this smells of Buffets influence on the company here, they have plenty of cash so killing two birds with one stone.....expand to help growth and their share price and also, inc...

$NIO TOP 20

Opened and went straight to the 200 Day MA on the 1hr chart and stopped out, it has pulled back and has managed to stay on the blue line again at $7.41....it has done this a number of times since the 7th.

The 50 and 200 Day MA are going to get tighter and tighter if $NIO stays within this range so a direction will be de...

$XRPUSD - RC -

There is a potential big move for $XRP if it can break out of this wedge that it has been in for the last few years.

$XRP's chart is not pretty and the aggressive bounce in July has set this chart back a few months, which is what happened with $DOGE too.

These charts do not behave well when they get squeezed and t...

$URA - RC -

Nice before and after snapshot here, last uploaded in the middle of Sept and the projection is moving extremely well, hitting our Wave 3 and Wave 4 targets exactly and moving up for Wave 5 now....in this cup and handle formation.

ABC correction is still next as expected, let's see how far Wave 5 can run first.

$ALB - RC -

Sharp corrective pull back here since the start of the year and the selling appears to be slowing down approaching the 0.78 Fib.

It may have stopped already but bulls won't feel comfortable until the price gets back above the blue line at $144, which was the Wave 1 high in 2017.

Any rejection here and $ALB will mo...

$U - RC -

I got a number of requests for this chart but as you can see from the chart uploaded on the 10th of October, there is no changes here, it is following our chart to the exact date, nice intraday flush down to the blue line to and recovered instantly and back above the 50 Day MA now....testing the 200 Day MA at the moment, so a...

$YEXT - RC -

$YEXT has been in this long downward channel since bouncing shortly after its IPO in 2017.

The middle blue line is the IPO price and has offered support and resistance since 2017, so it is arguably the value line but I would like to see more time to fully label this as a fair value line.

I can see a corrective wav...

$ADAUSD

What a flush down by $ADA, right down to our First Target again and bounced....this is happening very quickly here so do not rush in to this until support is found properly again.

$BTC still needs to pull back more for Subwave 4 so I would wait here for another retest of the First Target here to show support....only the...

$BTC TOP 20

I am sorry but I just need to post this again to show this beauty.

A few hours after uploading in this as part of our Top 20 list, $BTC drops hard....like clockwork for Subwave 4.

Very happy with how this is going for us and how $ADA hit the second target and dropped too.

We will get back in soon and go agai...

$INTU

It has been a long time since I uploaded this, since June. No change to this chart but I have taken out the bear case scenario as the price has been moving very well along our Impulse Wave and I am very impressed that the price held the 0.618 - 0.65 Fibs at $373.

This is a long term projection too, the fundamentals are ...

$DKNG - RC -

No change to our last upload, still in Wave 5, in spite of the pull back over the last week and a half.

Watching for the Second Target level at $33 to hold support before moving higher again.

A failure to hold this level and we can consider that Wave 5 is complete....but the price is comfortably above the 50 and 2...

$HD - RC - FORMER TOP 20

It has been about 5 months since I last uploaded $HD, it has been moving sideways since still within this wedge.

There are still two options here, a break down of the wedge and the price can come down to the 0.618 Fib at $248.

However the price has bounced very well on our blue support line at $279....so if it can...

USOIL

This is what I have been watching with USOIL. Price has pulled back from the $90's in Sept and is in what looks like Wave 2 now, so we are watching where it can find support.

So far it is holding the 0.78 Fib at $70.30.

The price is still below the 50 and 200 Day MA so the bulls still have a bit of work to do to g...

$QQQ TOP 20

Held support on the bearish white trend line this week, similar to $SPY and looks set to keep running to its All Time High line here too at $408.

Important economic indicators are reported this week...including CPI data which is always a curve ball for the market but if the previous trend continues, it will show that in...

$TSLA TOP 20

I think $TSLA managed to have a good week in the end and it could have gone very wrong for it after Elons fruitful statements.

Price action has also developed an ascending triangle here too after holding the Subwave 4 level and not infringing on Subwave 2....this is a good sign for the bulls.

A break and hold abov...

$DIS TOP 20

Updated here during the week too with the plan and very very happy to see this Wave 4 pull back to the 0.38 Fib and the 200 Day MA and bouncing....this is what we expected and this is what it is doing.

Charts moving as expected is always a dream to watch and we do enjoy it.

Staying above these levels and Wave 5 ca...

$NKE TOP 20

$NKE is firmly at the bullish party here and keeps going, above its previous high, above its 50 and 200 Day MA and not showing any real signs of slowing down either....let this run if you are a holder, we have seen how aggressive some of these bounces have been lately.

I have set Wave 1 at the same level as Wave B now, ...

$PLTR TOP 20

Tough week for holders this week with some small relief on Friday. There is still a possibility that the 50 Day MA is reclaimed next week and bulls have another attempt of getting one last high out of this but Wave 2 is next regardless.

This is not worth the chase here for me.

The overlapping waves since Sept is t...

$COST TOP 20

Very little commentary that I can add here that has not been said already.

Wave 3 is locked in and moving in quickly. A pull back back to the First Target again for Wave 4 would be the best set up here to add or start a position to take advantage of Wave 5.

$INTC TOP 20

Pulled back half way through the move to the second target and is negotiating with holding the first target now, losing this level would bring the price down to the 50 Day MA and maybe the ascending triangle level again....but I am leading on the bullish scenario here and a move up to the second target instead.

Semi's a...