The Long Investor

$RKLB

Strong sell off today so for now the party may be over here until we can an ABC correction next.

The same thing happened with $ASTS after it ran and it came all the way back to its 0.5 Fib and we can see here that the 50 Day MA is moving to this level now too at $15.78, so this is the area of interest next for a pull ba...

$XRP

I think it's starting to look very obvious where this is going, previous ATH level at $3.31.

I suspect a climb from $0.55 to $3.31 is more than likely going to bring a very aggressive pull back after testing this level, likely down to the blue line or Second Target between $1.80 and $2.

I am still holding my posi...

$KO - SAFE HAVEN - WATCHLIST

I believe we will get a very good opportunity here shortly

The words you want to see beside each other are: Safe Haven and Watchlist

$KO has clearly rejected at the at the 200 Day MA now and pulling back, so now we are watching for a higher low, so I have added in the small green fibs.

A hold above $62.80 w...

$BABA TOP 20

Important pull back now for $BABA, the need to hold at a higher low next, so I have added in the smaller green Fib support levels to show where we expect support to hold.

Between $84.50 and $85.70 is the sweet spot.

The HSI has started off positive this week, so we need to see a follow through next jere, everythin...

$INTC TOP 20

I think the CEO resigning effective immediately is good news but caught the market off guard and the market hates missing an opportunity.

So there was a pump and dump today after the news and we can see on the chart that it is a simple retest of the the 50 Day MA but still below the $24 support level.

Impulse wave...

$CELH

$CELH has pulled back exactly to the 0.618 Fib and held support perfectly

The issue here is whether or not there are 3 waves in this pull back

On the smaller time scales it is arguably visible which is why the pull back went all the way to the 0.618 Fib and bounced strong

But right now there is a test of the...

$BA - WATCHLIST -

$BA it has held and its moving strong

My commentary remains the same, the worst is probably behind $BA now and the company is too big and too important to fail.

Price is now above the 50 Day MA and we can see that the 200 Day MA is at the 0.618 Fib at $172, very little is in the way of the price action getting to ...

$SMCI

My god, it's doing it!

It's breaking out above the 50 Day MA and wedge line, holding above $38 and more positive news comes out and this can continue up to the 200 Day MA at $68.

If you are considering this high risk stock, I suggest (as always) to wait for the retest of the breakout level, you want this converted...

$COIN - WATCHLIST -

Breakout looks imminent now

Extremely tight in this wedge now, a break to the downside can not be ruled out to the 0.38 Fib at $274 but I am favouring the bulls here to push this higher.

So a break above $310 and holding will trigger this

$LULU - WATCHLIST -

• Great Chart

• Great Set Up

• Strong Cult like following brand

• Respecting the Fib levels perfectly

• And +20% on the table here since holding above the 200 Day MA and the 1.618 Fib at $320

$JASMY

The 1.618 Fib is locked in at $0.033

I am not in the business of buying and selling these subwaves, especially for these lower tier Alt Coins....they move to quickly and subwaves can complete within a day.

I will hold my position and continue to add at Subwave 4

What I love about these Alt Coins, although th...

$BLDE

Up strong again in the PM after finishing Friday up +7% too

The First Target is behaving like a magnet now at $6.20, so those that added at the clear breakout level at $4 should continue to hold

The long consolidating ascending triangle breakouts continue to be my favourite bullish formations and set ups, rarely d...

$SQ - WATCHLIST -

Bernstein raises $SQ's PT to $120 today from $90, $120 is in the middle of no mans land so I think this is just shabby analysis and showing that they need to just update their $90 target as they low balled it.

Either way, up positive in the PM and I think a run to the blue line at $101 is possible next, above this level...

$OSCR - WATCHLIST -

Today is game day for $OSCR.

PM is exactly at the strong confluence level now where the 50 and 200 Day MA are meeting at $17.50

Very simple here:

Flip this level to support and when support confirmation is verified then I believe this can move a lot higher, with $23.55 being the next test.

I will consi...

$OKLO - WATCHLIST -

I like the triangle forming here and how Wave C pulled back to the 0.5 Fib at $16 and has bounced.

There has been wild swings here lately but this is expected from a stock that is favourite amongst retail investors.
I believe if $OKLO can break above the $25.70 line, the next tests will be the blue line at $28.20 wh...

$NIO TOP 20

$NIO is moving like the other Chinese ADRs we are following

Sellers look like they are exhausted, indications are rounding out and showing signs of reversing, support is still struggling a little bit at $4.50 but nevertheless still at the 0.78 Fib

Yes the 0.887 Fib at $4.09 is still a possibility but I believe $NI...

$ETH

$ETH was running to the trend line at $2720 and it was looking like it was going to cut through this level like butter but it has met some resistance so far but this is to be expected, as the resistance line has been in place since March, this is also similar to $BTC's resistance line when it was at $69.1k, we watched this le...

$HIMS

$HIMS is up strong in the PM again as the positive sentiment is still widely seen, rumours are that Tom Lee added $HIMS to his Top 8 best picks (granny shots) lately so this may account for the strong performance in the PM.

I am a little confused why it took him until December to suggest this company, when we first adde...

Earnings and Economic Calendar - From Monday, 2nd of December.

A number of the regular stocks we chart will report this week:
$CRM $CHWY 2024-12-01 18:36:30 +0000 UTC View Post

$SPY TOP 20

$SPY and the $QQQ continue to move in sync right now and their chart commentary is very similar.

• Both are in rising wedges

• Both are holding above their previous high levels

• Both are above the 50 and 200 Day MA's

• Melt Up scenario is still possible for both

• ...
  2024-12-01 18:24:05 +0000 UTC View Post

$QQQ TOP 20

$QQQ is sticking within this rising wedge and we saw that when $NVDA declined earlier in the week, $AAPL turned bullish and even made a new ATH on Friday, so the Mega Caps continue to hold up and like I said under the $GOOG and $MSFT charts, if both of these companies can at least move back to their Wave B ranges or previous ...

$V TOP 20

$V continues to be a beacon that the market is not concerned in the short term at least.

Members who have a position here should continue to hold but right now I don't see a suitable position to add unless there is a pull back to the 50 and/or 200 Day MA as a test of support.

It has run strong from $255 to $315 no...

$TSLA TOP 20

The Elon Effect is still offering returns here for $TSLA as he continues to stay in the spotlight associated with the President elect Trump

It is also becoming increasingly obvious that he will play a big role in the Trump administration....which must be considered bullish for $TSLA and his companies.

Price has r...

$SHOP TOP 20

$SHOP had a good week and likely brought on by the anticipation of Black Friday and the sales over this weekend, it was reported that $SHOP processed record numbers so far over this period.

My Wave 3 target remains at the 1.618 Fib at $159 but if the market corrects from Jan onwards, we should get our opportunity to add...

$PYPL TOP 20

$PYPL has retested the 2.618 Fib from above this week and has so far managed to hold, so the commentary is the same as last week, a melt up scenario here could see an extension to the 3.618 Fib at $96....but as standard we always set Wave 5 at the 2.618 Fib and this is where we would expect the ABC pull back to start, which i...

$NKE TOP 20

The most important point about this $NKE chart is that the price is still in the Buy Zone and I still regard $NKE as a solid long term hold.

• It is a strong brand

• Going through cultural change

• New Ceo

• Modest dividend

• At a multi-year low price and consoli...

  2024-11-30 14:13:38 +0000 UTC View Post

$MSFT TOP 20

$MSFT is holding above the $408 level for 4 months now in a strong show of strength from the Bulls defending this line, the price action has been oscillating around the 50 and 200 Day MA too during this time.....because the consolidation period has been so long, the 50 and 200 Day MA's are both at the same level

I feel ...

$INTC TOP 20

$INTC is still battling at the $24 level and has consolidated here a small bit

The price did manage to dip below the $24 level this week but the 50 Day MA was able to offer support and the price bounced on this MA, similarly to what we saw with $AMZN on its 200 MA on the 1hr chart.

$INTC still has a higher high an...

$GOOG TOP 20

$GOOG has slipped down the rankings now of Mega Caps as we see $AAPL making a new ATH on Friday but the crucial point here is that $GOOG continues to hold above its 0.236 Fib and 200 Day MA....and still working to reclaim the 50 Day MA....so the bulls are doing their best here to stop this from declining.

If $GOOG can h...

$DIS TOP 20

$DIS has been a real winner since holding support at $84 and as I described in the last update, the momentum is behind this and it appears to be reaching now for the blue line at $123 which is just at the very extended 4.618 Fib level, where I expect a pull back after reaching this range.

Golden Cross is coming this wee...