The Long Investor

$AUR - RC -

Observing a very large Cup and Handle formation, the price still needs to break above the $3.74 level to confirm the reversal to the upside.

However the price is above the 50 and 200 Day MA and there is a noticeable leveling off at the bottom and a curl upwards, with a number of higher highs and higher lows.

There...

$GPS

Moving very well in a controlled manner here and we can see that the pull back is moving back to the 200 Day MA as a potential support line before moving higher to complete Wave 5 at $12.30...this Wave 5 is quite short so we wont be too surprised if it extends a little higher, this is from the original count that has been her...

$PFE

$PFE is all the way back at the $34 level now and trying to hang on to this 0.78 Fib support line and just about stay out of the wedge trend line too.

There is a lot of news flowing out about vaccine approvals and the possible CDC guidelines to be announced as variant cases increase but this has so far not translated in...

$F TOP 20

Moving very well here, a retest of the wedge from above and support was confirmed, it has now bounced nicely and looks like the 200 Day MA will be tested next at $12.75, getting above this level and then the 50 Day MA just above at $13.11 will be a big statement that $F bulls will be very happy to see this.

A rejection ...

$FSR

There was a flush out at the opening and has recovered very well and fighting to stay above the blue line at $6.41, which is also above the 200 Day MA on the daily chart.

From above, this is the 1hr chart and the price is showing that it is above the 50 and 200 Day MA. For me, the real fight is staying above $6.41, we n...

$ZM

Looks like $ZM is going to test the 50 and 200 Day MA as its support line, instead of the yellow channel trend line that it unfortunately did not hold above.

But since the 50 and 200 Day MA are exactly at each others level, this may be a more important confluence well as they intersect each other and most importantly, w...

$OXY

The 200 Day MA has been a pillar of strength for $OXY and continues to offer support and all pull backs, this is confirming the upward trend and the price continues to follow our projection.

$OXY has been a solid buy for me and has done many of us well during this mixed market.

If the price of oil rises to $100 ov...

$PYPL TOP 20

Nice bounce as the price broke above the 200 Day MA and we could see the 50 Day MA breaking to the upside through the 200 Day MA over the next trading session or two.

I continue to be happy with what I see here with $PYPL and we are seeing every possibility that $PYPL has potentially bottomed. We want the momentum to co...

$BABA TOP 20

We said on Sunday night that $BABA needed to hold the wedge trend line and blue line to keep the structure and so far the bulls have been defending and likely next we will continue to see the price make its way through the wedge again....and it is getting tighter and tighter.

This needs a positive catalyst and it appear...

$NIO TOP 20

I am on the West Coast of the US for the week, so this is locally earlier than I normally post my $NIO chart, you gotta get up very early to catch the PM on the West coast!
Yesterday was a positive day for $NIO and performing very well so far today, for me I still think $NIO comes down a little more before going back up bu...

$MOS

Watching this very closely here, it has been following our projection since we first started this in April.

Holding at the 0.618 Fib at $35.85 would make this the perfect Wave 2.

This could be the Chart of the Week next week.

$VSCO

This has been a pet project of mine in the background and I have been waiting for this to move down further, I have been following their fundamentals too and although they need to improve on their margins, they are in a strong position to recover from this soon.

So I will watch how this moves and hopefully by the end of...

$ROAD - RC - CHART OF THE WEEK

Very structured and clean chart here.

5 perfect green impulse waves, followed by a clean 3 wave ABC count.

What impressed me the most about this chart was the perfect pull back for Subwave 2 at $24.15 this year to the 0.618 Fib perfectly, found support on this level 3 times to confirm.

Above the 50 and 200 D...

$ONON

I spoke before that I am watching this company and like what they are doing. No changes to the previous chart and we can see that this is moving nicely up Wave B as expected.

So we continue to watch this and possibly reject at the 50 Day MA at $33 to complete Wave B and move down for Wave C, around the $25 level.

...

$KO

$KO has been struggling since battling off the WHO filing on the potential harm of sweeteners in their drinks.

There is still a possibility for this to hold at the Wave 2 Fib levels at $58.70 at the 0.618 Fib or the 0.78 Fib at $56.98.

Failure to hold here and this is moving down to the blue line and then possibil...

$TSLA TOP 20

$TSLA had a fantastic day after Morgan Stanley increased its PT to $400 on the strength of its supercomputer potential.
I uploaded $TSLA yesterday and added the potential that we are in a Subwave 2 ABC count now, as the price held above our blue line and showed a lot of strength.

So the bullish scenario here is that ...

$SCHD - RC -

$SCHD is a US Dividend ETF, certainly two possibilities for what is next for $SCHD, as this is in a triangle waiting to decide on its next direction.

If this is the red corrective wave, then we have Wave C completing at the 0.5 Fib which was close to the 2020 high, so it a realistic target and a break down from the tria...

$IBKR - RC -

Another chart I have been watching in the background for awhile and there has been no changes to our chart here, broke above the wedge and blue line and comfortably in the Bull Case now, we can also see that the price is above the 50 and 200 Day MA too.

So there is a lot of bullish signals here, it is slow and steady an...

$TWLO - RC -

$TWLO has finally broke out of its channel that it has been in since May and has broken to the upside, like $CRWD and following our chart projection too.

I do believe this overall structure is a corrective count, so this bounce is Wave C completing high for me, however there is still a lot more upside to gain here too.<...

$VZ - RC -

$VZ has just been glued to our projection and I know there is interest in $VZ as it has a high 7.95% dividend yield but for me this is just not worth it right now as it declines at a much higher rate.

We can see that the price rejected at the bull/bear case resistance line at $34.50, further confirming the downward tren...

$NNOX - RC -

In our last update of $NNOX we said that this had broken out of the long channel but believed it was only in a corrective wave and not the start of an impulse wave and this has happened as expected.

The price is coming back down to the blue line at $5.20 and this support line really does need to hold, below this level a...

$MARA - RC -

$MARA has been in a very strict and aggressive correction since topping out a $19.

Not overly concerned that this is anything but an ABC correction although it certainly does not look pretty and holders may not be enjoying this....unfortunately ABC corrections can be like this, especially if you decided to hold througho...

$RIVN

$RIVN looks like it is enjoying itself and we can see that a bullish cross on the 1 hr chart is about to happen, with the 50 Day MA about to cross to the upside through the 200 Day MA.

We are also seeing bullish movement in other EV makers today, likely led by $TSLA's strong upgrade.

I would link $RIVN and $FSR to...

$FUBO

Very aggressive pump and dump from $FUBO at the opening today and does this surprise anyone considering it was coming to the end of Wave B?...market makers squeezing the last of the buyers in this relief bounce and then selling.

This is why you don't chase and should watch the charts closely so not to be caught out, we ...

$COIN

$COIN got its rejection at the 200 Day MA again like we spoke about in the previous post so this is following our count very well here.

This is the second time the price has rejected at the 200 Day MA, so further confirmation that the 200 Day MA on the 1hr is in control here.

We can also see that the 50 Day MA has...

$DNA

Looking for the relief bounce now which we know to be Wave B before going lower to complete Wave C, I do not think this corrective wave should take too long to complete and should be finished within the next 10 trading days and.

Buying between $2 and $1.90 remains the target levels to buy in Wave C, I think we will see ...

$CRWD - RC -

Finally got its break out to the upside and following our chart, it was in this sideways movement since May but kept strict within the channel so it had every chance to break to the upside and continue on its trend leading into the channel.

There are no changes to the chart here so the price targets for Wave 3 and Wave ...

$FSR

Off to a great start this week and just slightly above the blue line and the 200 Day MA on the daily chart which is the important confluence level at $6.41, we need to see $FSR stay above this line over the next few sessions, so a clean break out above this level, a retest from above to confirm support and we are happy to the...

$NIO TOP 20

Because it is Monday morning and the chart in the short term has not changed, it is worth remembering the big picture here and why we have so many members who are fans of $NIO in our group. Primary Wave 3 goes as far up tp $113 at the 1.618 Fib level.....not till the start of 2026, so the question is, would you wait 2 years t...

$TSLA TOP 20

I do not believe the pain is over for $TSLA in the short term and I believe this will go lower to the 200 Day MA again at $200.

But I am open to the idea that this could be part of an impulse wave.

Since the bounce from the blue line, it looks remarkably like a Wave B bounce, so this would make this structure sinc...