The Long Investor

$FSR

The pull back. Let's see if it can make a higher low, preferably on our red trend line at $1.90 now.

Losing this line and we can expect to see a new low again here.

However, holding at this level and we could see signs of reversing.

Still a lot of work to do here for the bulls to get this out of the danger a...

$ROKU - RC -

$ROKU's Wave 5 down finished shorter than we expected but still valid 5 waves down after completing a WXY count until August.

Although their earnings report is regarded as a miss, the market saw a number of things it liked and  believed there was value at this level and got the price back into the channel and above...

$JBLU

I am watching all of the big carriers in the US and I uploaded the $JETS ETF this morning to show how the global airline industry is moving as a whole.

$JBLU remains under its 50 Day MA after getting rejected trying to get above the First Target level at $4.50.

I am watching to see if $JBLU can pull back a little ...

$MOS

I continue to watch $MOS here in the background and really what we are watching for is a break out of this long wedge that it has been in since early 2022.

I like how the price has stayed above the 50 Day MA, and has made a double bottom on the $32 level.

The 200 Day MA is moving along the wedge trend line now, so...

US 10 YEAR

Continues to bounce in only 3 ABC waves and is then met by an aggressive pull back, further confirming the downward trend here.

The 200 Day MA on the 2hr chart is also showing the clear downward trend of these yields and this is a good sign for the financial sector.

A move down to 4% will be a substantial relief f...

$ZM

$ZM has now broken out of the buy zone and retested our blue line from above now and has held.

Price is also above the 200 Day MA and moving very well.

A comfortable hold above the 200 Day MA now and we can see this move higher for Wave 3 to the 1.618 Fib at $68.

The main objective for the bulls now is getti...

$BEAM - RC -

$BEAM has been moving well since the end of October too since completing Wave C on our chart.

The price has since broken out of this long wedge, successfully back tested the wedge from above and bounced and is now testing the 200 Day MA at $29.40 today.

We can also see that the price action is trying to stay above...

$NIO TOP 20

Like I said in my last update for $NIO, I am not expecting much movement here until their earnings report, unless there is a catalyst announced before then that the market is not aware of.

Otherwise I believe many are waiting for the report to get out of the way before committing again.

There is still a possibilit...

$LULU

$LULU's chart has not put a foot wrong and is looking just as strong as $COST after bouncing on its own support line.

Comfortably moving up Subwave 3 here to our $460 target and firmly in the bull case now.

I believe $LULU will have no issues climbing to the 1.618 Fib to complete Wave 3 at $505.

This has bee...

$PYPL TOP 20

$PYPL is pushing above the 50 Day MA in the intraday movement after a strong ecommerce report that shoppers broke the previous Black Friday weekend record and sales of Cyber Monday continue to perform well.

A lot of attention has gone towards 'Buy Now, Pay Later' and this too is expected to see all time high usage today...

$JETS - RC -

$JETS ETF is made up of:

2023-11-27 03:07:02 +0000 UTC View Post

$TSLA TOP 20

$TSLA bulls are still managing to keep the price above the 200 Day MA but have had some difficulties getting above the 50 Day MA this week and the price has entered another triangle to consolidate.

A break to the upside and this is into Wave 5 and will likely move higher to test the yellow trend line again, a break down...

$SE TOP 20

I think $SE will likely come down to its bottom red line again for the 4th time to test for support, after reporting a second disappointing earnings report in a row.

A hold here will be encouraging, there continues to be substantial gaps left behind above to $56 and hopefully in its next report, it will have a strong ho...

$PYPL TOP 20

$PYPL struggled with its 50 Day MA this week and has been kept just below this level.

$PYPL has also not been able to feel the same momentum as $SQ has been experiencing, $PYPL does get more attention (sometimes negative too) but its fundamentals are a lot stronger.....$SQ on the other hand is seen as the disruptor in t...

$PLTR TOP 20

Busy week for $PLTR, pushed to higher highs, they finally received the NHS contract and the CEO and CFO sold a large chunk of shares on the same day......a possible buy the rumour, sell the news event...which is not normally seen by high levels of management.

But holders need to remember that this has run from $6 to $21...

$NKE TOP 20

Again another chart I have uploaded this weekend with zero changes and very little that is needed to be said since I uploaded this last week, as this continues to do exactly as we projected and no news is great news to report.

There is a small triangle forming over the last week which may push this a little higher but I...

$MSFT TOP 20

$MSFT has broken away from the pack and looks the most structurally sound right now amongst our Top 20 Mega Caps, after already counting its Subwave 2. No changes here since last week and I expected this to continue higher to its 1.618 Fib at $390, here I expect some resistance and a possible move down for Subwave 4 then.

$INTC TOP 20

What a recovery and story it has been for $INTC after breaking out of its ascending triangle, like $AMD it has taken off and has burst through our first target too here.

Second target remains at $50 but like the others, it will also need a pull back before it can move higher to $50. Staying above the blue line at $42 wo...

$GOOG TOP 20

$GOOG falls into the same category as $AAPL, $AMZN, $AMD, $SPY and $QQQ in its need for a pull back very soon.

This has made a very aggressive V shape recovery since $120 and was possibly the easiest many you would have made all year if you followed this chart.

The 50 Day MA is a little higher here at the 0.38 Fib...

$F TOP 20

$F has not given up yet, it continues to knock on the door of the blue line, which was the July '22 low and a crucial support/resistance line.

It goes without saying that the bulls need to flip this back to support in order to change their fortune around and show signs of reversing.

So far, being below the blue li...

$DIS TOP 20

The bulls came out in enormous strength when the share price hit $78 at the Covid Low line and after completing the right hand shoulder of this Inverse H&S pattern, the share price has not looked back since.

Bursting through the 200 Day MA with no issues.

It will be interesting to see how far the bulls will pu...

$COST TOP 20

$COST has been very impressive here and as textbook as it comes and I am really happy that I was able to chart this so accurate for our members.

For the last 3 months we were showing that $COST was consolidating in its channel and needed to break out, this happened at the start of November and last week I said that a re...

$AMZN TOP 20

I spoke under the $AAPL chart for the need of a pull back amongst are Mega Caps and there are indications that it has started already with $AAPL and as much as I am enjoying the gains with $AMZN now, I want more shares.

Fib levels have been added and updated here too and we can also see that the 50 Day MA is at the 0.5 ...

$AAPL TOP 20

$AAPL has guided us all year and I think we will rely on it again to show us when the pull back is coming.

If we look at the RSI from July, when the pull back for Wave 4 started, we can see that it is very similar to what is happening on the RSI now. Extended above 70 and has started to dip down now again, signaling a c...

$QQQ TOP 20

$QQQ bounce this month is bordering on the absurd now and is being fueled by the attraction of the Top 7 Mega Cap stocks.

I understand the attraction, I and many members want to continue adding to our strong positions and a lot of these companies make up the $QQQ.

When this pull back will happen is very difficult ...

$BTC TOP 20

5 Year projection for $BTC and this chart has got no changes on it since the last time I uploaded the $BTC 5 year projection.

I am seeing a lot of calls for $BTC to go to $100k in the next year and I do not see this happening.

I see a 3 X potential over the next 4 years as a strong possibility.

$BTC bulls do...

$AMD TOP 20

$AMD is one of two companies that are on my hit list when they pull back, I have been patiently waiting for signs of pulling back and although I am very happy with my gains so far and how this has been moving, I want more shares.

I am up nearly 30% here but what I like about $AMD is how well structured it has been since...

$BABA TOP 20

Many of the Chinese ADRS have started their move lately, notably $BIDU and $PDD and $BABA is still feeling the effects of its earnings report from last week.

The dust may not have settled here just yet or the price needs to come down to the wedge trend line between $73-$71 before it can reverse.

If the price can r...

$ABNB TOP 20

$ABNB has been passing all its tests so far, held above the trend line at $114, broke above its 200 Day MA and now holding above this level now too and in a triangle.

$ABNB is flying under the radar from the masses because they believe that some actions by local cities is going to affect $ABNB's bottom line.......$ABNB ...

$SPY TOP 20

We are into our final week in November and this Subwave 1 of Wave 5 continues to push on....short week this week and not much progress has been made but the bulls continue to knock on this resistance line in white, $454 is the level and the price finished at $455 for the week.

I believe the pull back needs to come in ve...