The Long Investor

$COIN

Second retest of the wedge breakout level again yesterday, after a 3 wave pull back and the price is up +2.7% in the PM now as crypto is showing some recovery from yesterdays flush down.

I believe the Cup and Handle formation is strong here and a move up to the 2.618 Fib at $369 can complete over the next few weeks.

HSI

Very strong movement yesterday followed by a -0.5% day in today session, I don't think I need to go into much detail when I say that after every strong move is always followed by small pull back.

I have added in the smaller white fib levels here to show where I expect support to come, with the 50 and 200 MA on the HR ch...

$BABA TOP 20

I have added in the potential impulse wave now if we get a hold above the $87 level now

No changes to the commentary from the last few charts

The plan remains the same, a hold above $87 and I will add.

Very strong bounce yesterday and today is the pull back, standard.

Price is right now at the 0.5 Fib ...

$ADA

Very little to add here apart from one word:

Textbook.

$FET

I believe the vast majority of members would be able to write the commentary to this chart right now:

A simple breakout of the 50 and 200 Day MA, followed by a retest of the breakout level from above and has already tested the 0.618 Fib so far for support.

Textbook.

No concerns here to the impulse count as l...

$BTC

We have used $BTC's chart to guide our cryptos all year, so let's continue to use $BTC this way and it has also helped us to gain larger returns from $ETH, $XRP and $JASMY instead of just buying $BTC.

Price does not look like it has been affected by the fast pull backs in Alt Coins this afternoon and continues to hold a...

$JASMY

Again not too concerned here either, price is working its way through the Fib levels now and just below the 0.38 Fib so unless this level is recaptured shortly then I expect a further decline down to the 0.5 Fib or the 0.618 Fib

The good news then would be that this ABC pull back is nearly complete and then I expect a m...

$ETH

In the last upload I said that once the price can stay above the wedge support line at $3700 then I have no concerns that this can move higher.

Price is exactly at $3700 now above the yellow support line, having dipped below this in a fast flush down.

If the price can stay above this line then I continue to expect...

$SKX - WATCHLIST -

Continues to move very well after breaking out of its wedge and we can see that the 50 Day MA is about to cross the 200 Day MA for a golden cross.

I believe Wave 4 is complete now and we are moving in Wave 5

Once a higher high is made above $75 this is confirmed.

My Wave 5 target has not changed at $118

$IQ

$IQ up +16% is the positive energy we needed to see today.

Price is now above the 50 Day MA now and aligns with a lot of the ADRs we are uploading.

Holding above the 50 Day MA at $2.46 and we can expect a move up to the 200 Day MA's along with the other ADRs moving higher

The 200 Day MA here is also at the p...

$AAL

So this is what I'd like to see from $AAL, at the very least a pull back to the 0.236 Fib at $15.94 but a pull back to the 0.38 Fib aligns perfectly with the wedge breakout level at $14.63

So a 3 wave pull back to this level and hold, then it is a very clear buy signal, there is no need to overthink this, a hold on this...

$CAVA

The overvalued positions are getting hit hard today.

Why hold or add these positions when there are a lot of set ups still bullish and undervalued positions still available

$CAVA is testing its 50 Day MA now after peaking at its earnings last month.

I believe this will continue to move down to its 200 Day MA...

$PFE - WATCHLIST -

$PFE is looking attractive here:

• Held on the blue support line at $25

• Held on the 0.618 Fib at $25.25

• 3 Wave pull back to the 0.618 Fib

• A break above $26.50 and the 1.618 Fib is next at $28.30

$HIMS

It is starting to get tight in this ascending triangle now but I am very happy to see this consolidate sideways in this formation

It helps the the moving averages to move higher so the structure does not get extended when it does break out.

Steady is good and I'd still like to see higher lows continue to come in t...

$SMCI

Just the previous high in the way of $SMCI moving higher and possibly going to the 200 Day MA at $68 right now.

The previous high is at $51 from October, so this level will be a test, so a hold above this level and there is still another +37% on the table just to the 200 Day MA.

$SMCI is also showing relative stre...

$CELH - WATCHLIST -

$CELH is looking very good here to stay above the $30 level on the 50 Day MA.

Higher high and higher low now and held on the 0.618 Fib like a champion for the last month.

A break and hold above the 50 Day MA and the 1.618 Fib is the next target at $36.90

$BLDE

$BLDE has been a great buy for the group over the last week.

The retest at $4.20 was a great buying signal and already back above $5 now.

A higher high next above $5.20 and Wave 4 is complete for me and we are confirmed in Wave 5

With the next target at the 2.618 Fib at $6.50

$BIDU

Ok back to the price we were at on the 18 of October, it's been a rollercoaster but it feels good that we stuck with this and seeing a recovey now.

Price is also testing the 50 Day MA now but the big test has still to come

We can see that the 50 Day, the blue resistance/support line and the 200 Day MA are all clos...

$OSCR

So far so good for this Inverse Head and Shoulders pattern.

Price came down exactly to the 0.618 Fib at $15 which would mean the completion of the right shoulder and has so far bounced very well on this support line.

The big level for us still remains the 200 Day MA at $17.40 to convert to support.

But if $O...

SILVER

In the last upload I said that Silver was holding very well above $30, as it has tested the blue support line and 0.618 Fib and has bounced.

Price is now above the 50 Day MA and holding above this level and we can get a move up to the First Target at $34 next, above $34 and the 2.618 Fib is the next target at $37

...

$JASMY

Really happy with $JASMY's movement and we can see that the price is moving down nicely to the 0.38 Fib, the first important test for support.

Crucially, the 200 MA on the 1hr just happens to be exactly at the point right now too

We do love to see this happen.

So a hold of support at $0.042 and we could have...

$YINN

In my last upload, I said if you have the stomach for this and are bullish on China recovering then $YINN could be very beneficial....it is now up +19% in the PM

And for $YINN this brings the price action above the 50 Day MA in the PM, which is also at an important support/resistance line to flip.

So holding above...

HSI

Just like we saw with $NIO testing its 200 Day MA from below, the HSI tested its 50 Day MA from below today at 20,400....while already being above its 200 Day MA.

This has been a positive move now away from its standard 0.618 Fib support level

We can see during the session that it started slow but finished the ses...

$NIO TOP 20

Big movements in the PM now for Chinese ADRs as we lead into the Economic Conf on Weds.

PM now is exactly at the 200 Day MA at $4.91 which is no surprise.

This is the first big test for us to get back up to the blue line at $5.32 where the 50 Day MA is exactly at now too.

So above this blue line and $NIO is ...

TWEET: $SIRI

Buffett loves $SIRI and 1 of only a small number of stocks he has been adding aggressively all year.

In a tightening descending wedge now Between the standard pull back Fib levels.

BUT Crucially, +80% bounce just to...

EARNINGS AND ECONOMIC DATA FOR THE WEEK AHEAD

EARNINGS:

MON AH: $AI, $ORCL, $TOL

TUES AH: $GME

WEDS: $M, $ADBE (AH)

THURS AH: $AVGO, $COST

ECONOMIC CALENDAR:

CPI and PPI will be the big talking points this week in the US, also on Wednesday too we will be eagerly waiting to hear what announcements will ...

$SPY TOP 20

The only noticeable difference between the $SPY and $QQQ ABC correction is the time frames, $SPY is showing it can complete a lot sooner than the $QQQ, meaning the Tech heavy $QQQ may take a lot longer

This is why the $SPY is seen as a more complete position to hold as it is diversified over multiple sectors and not jus...

$QQQ TOP 20

We can not predict the exact date when the market corrects and we shouldn't try to either, we can only verify when there is resistance, a rejection and then confirmation of a reversal.

This is the only way to confirm that a trend has changed from bullish to bearish and vice versa and it is the reason why we have stayed ...

$V TOP 20

I believe we are still in Subwave 3 of Primary Wave 3 and there is still more upside to go here with very little in terms of concerns on the chart right now.

A possible +20% is still on the table here to complete Wave 3.

$TSLA TOP 20

It almost feels like it is destiny that $TSLA will return to its ATH level

What happens when Mega Caps that are heavily correlated drift apart?...the gap eventually closes as long as the fundamentals remain strong.

I believe $TSLA can touch the $414 level in this cycle and then bulls will need to see if they can h...