The Long Investor

$LUV - WATCHLIST -

Doesn't this look very attractive and here come the bullet points:

• In an Impulse Wave

• Oil prices continue to stay low which lowers the costs for airlines, especially tight margins like $LUV

• Breakout of the trend line

• Followed by a retest of the breakline

• <...
  2025-02-07 13:55:47 +0000 UTC View Post

$SNOW

$SNOW has been on a lot of analysts top plays for 2025 and so far it has been living up to the hype.

This chart here has not changed in nearly 18 months, we called this ABC count down for Wave B and back up for Wave C

And I expect this to continue too

There is some resistance potentially at the blue line at ...

$VSCO

Still searching for support after losing the standard 0.38 Fib level for Wave 4 but a test of the 0.5 Fib aligns nicely with the projected earnings release at the end of this month.

So a hold, followed by a positive report and this can reverse next and complete our projected Wave 5 at the 2.618 Fib at $60....Wave 4 supp...

$MBLY - WATCHLIST -

Back to retest a higher low now on the $16 level I called for in June when it dropped violently

But it does appear a lot better now

If the price action can continue to hold above the yellow support line which is just above the standard 0.618 Fib Wave 2 pull back level then a reversal can come next.....the 1.618 Fi...

$JOBY

$JOBY have been moving quite well in this potential Wave 3, we are getting what looks like a Subwave 2 pull back of Wave 3 now, so a hold on the 0.618 Fib at $7 is crucial now....or on the 200 Day MA at $6 would be sufficient.

A higher low and this can move back up to the blue line again at $9.74, holding above this lev...

EARNINGS REPORTS FOR NEXT WEEK 10TH OF FEB

$OSCR - TOP 10 -

Chart without EWT.

The pull back this week has simply been a retest of the descending wedge breakout level at $14 too, so far holding now and up +3.5% in the PM now

Significant trend change will be established once the price holds above the 200 Day MA at $17.50

$PINS - WATCHLIST -

Up +22% now in the PM after a mixed earnings where they missed on EPS but gave a stellar guidance and showed an increased in more users and past a $1 Billion Quarter for the first time.

There are no changes to this chart from the last one I uploaded.

A breakout now above the 200 Day MA and the blue line at $36 is ...

$AFRM

EPS beat by +260% yesterday and the share price is up +15% in the PM now.

Wave 5 is confirmed for me and a higher high next above $73.34 and this is on track to continue moving higher to our Wave 5 target at $90.

The large run may have been missed now if you are not already in but a retest of the 50 Day MA at a $6...

$ASTS - WATCHLIST

We have been all over $ASTS and this has been going very well for us.

A clear breakout yesterday out of the descending wedge and above the important blue line at $25.45

So the brief is clear here:

Any retest and hold of the blue line now is a buy signal.....it does not need to retest this level and can conti...

$AMZN TOP 20

$AMZN reported a strong earnings and although they guided slightly down for Q1 due to unusual FX charges, the earnings report was strong....with some analysts increasing their PT's again from $265 - $280.....which would align with the 2.618 Fib at $283 on the chart.

I have zero concerns about this set up right now and a...

$BABA TOP 20

$BABA is running in the PM now after a rumour has circulated that they are looking to acquire a 10% Stake in DeepSeek...makes a lot of sense for $BABA to do this, as $MSFT did the same with OpenAi.

Price is up +5% now in the PM and just above the 200 WMA at $104.

Ideally we would like to see a pull back to the Fib...

$PLTR TOP 20

I am not chasing here clearly but there are members still in here heavily....I have 20% left from my position and I am just leaving that sucker in there.

So this is purely from an extended technical view point as momentum is still here.

The next technical higher levels are at $124 and the 3.618 Fib at $137.

$RBLX - EARNINGS JUST RELEASED -

Beat on Earnings but missed slightly on revenue by -0.8%

So what can we see from the chart?

A clear run up to the 1.618 Fib for Wave 3, rejecting now and pulling back for a potential Wave 4.

Inbetween the 0.38 - 0.5 Fib is the blue support/resistance line, so a retest of this line, where the 200 Day MA is ...

$NVDA

Really showing why it's the market leader right now and has recaptured the 200 Day MA and looking strong.

$QQQ is also responding well and may break out soon sending the Mega Caps Tech stocks higher with a few exceptions.

I stand by my belief that $NVDA at the very least will test the green line at $141 before any...

$BBAI

How many set ups are we seeing like this right now?

Cup and Handle formation, holding above the top line and running the length of the breadth of the Cup

$HIMS, $PLTR, $OKLO....$ONON maybe next and $OSCR shortly.

$BBAI another example, but if you are not in this already I don't see the need to take on this ...

$OKLO

So who caught the bounce on the First Target at $29 and got the move up to $50.

Very nice move over 2 weeks.

$F - EARNINGS JUST RELEASED -

And it's going from bad to worse for $F, Farley has said today that he anticipates a decline in profitability for 2025 too.

Price has made a lower low and has not held the blue support line

So the next level to test will be the 0.78 Fib at $8.66 which aligns with the channel support line....losing this level and i...

$AFRM - WATCHLIST -

$AFRM reports after the close today and the set up is there.

Price has held above the blue support line now but still below the 50 Day MA at $63.....so I believe a strong report today and this will have no issue moving up to complete Wave 5 to $90 at the 2.618 Fib.

A near +50% gain.

$ASTS - WATCHLIST -

$ASTS tested the breakout level yesterday at $24.70 and held but in the PM now the price is at $25.40.....which is our blue line and has been on this chart for over a year now....as it is the high from 2021

So the market has identified the significance of this blue line

Once this level flips to support, then I bel...

HSY

Legacy confectionary maker and a favourite of Buffett has been struggling since 2023 but has given us a very beautiful chart, a lot like $PEP and NESN.

5 Wave climb since 2000, followed by a perfect 3 wave pull back now and already tested the 0.5 Fib at $139 from a high of $276

The guidance for growth is still not...

$BMY - WATCHLIST -

Showing another example of how the 200 WMA behaves like a magnet and this one is pure textbook too.

Price pulled back to the 0.618 Fib in 2024 at $41 (highlighted at the time) and has bounced perfectly up to the 200 WMA at $60 for a +50% gain.

I suspect a pull back is needed now before it can break above the 200 W...

$AXON - RC -

$AXON has had a great 18 months and has moved from $200 up to $685 now and looks set to continue moving higher to make a higher high next in this set up.

The 2.618 Fib is at $747 and the extended Fib level is at $966.

Any rejection at the 2.618 Fib and you can expect an ABC correction at least down to the 200 Day ...

$CXW - RC - WATCHLIST -

$CXW reports on the 10th of Feb and the price action is moving very nicely to our Wave 4 level on the 0.38 Fib approaching this earnings report in 4 days.

We can also see that the 200 Day MA is at the 0.5 Fib too, so the range is between $16.39 and $18.41 to hold now.

Once support is found here then Wave 5 is next...

$NOW - RC -

I think $NOW will continue to follow the market and if the price can hold on the 0.38 Fib here at $960 then I believe it can move higher, in line with what we are expecting from $TSLA too.

Losing the 0.38 Fib level then I expect a drop down to the 200 Day MA at $885 and below this level and the ABC correction is confirm...

$OSCR

Yesterday was a ride.

• From -12% in the PM to +7% after the opening

• We have a 3 Wave pull back now complete

• Price held in between the 0.618 Fib and 0.78 Fib levels

• Back above the larger 0.38 Fib

• And back above the 50 Day MA on the daily chart

2025-02-06 12:24:02 +0000 UTC View Post

$HIMS

We trimmed at $44 yesterday and rolled the profits into $OSCR which we got at $15 and made a 3% gain on that position....but I would still like to trim more of $HIMS in this Wave 3 in order to buy lower when the Wave 4 pull back is complete

So if you missed out on trimming yesterday, this should not be a concern, as the...

HSI

HSI continues to push above its 200 WMA in a very strong vote of confidence towards Chinese positions.

The breakout level is at 20585 and the price finished the day at the high of 20891.

This has also been a clean breakout from the bullish descending wedge too, next we are looking for a higher high above the Dec h...

$CELH

$CELH continues to search for support and has not held the blue line but we can see that the price is testing the 0.78 Fib instead now at $22.

As we know, any Fib test below the 0.618 Fib is a sign of weakness but it does not mean that the corrective 3 Wave is not still valid, it means that support still needs to be con...

$TSLA TOP 20

$TSLA is taking its time moving down to the 0.38 Fib meaning that bulls are stepping in but I believe a new low will be made first before this can happen, so a break below $373 is possible next.

Once this happens then we have a straightforward 3 wave pull back....a test of the 0.38 Fib at $355 would be perfect and holdi...