The Long Investor

$BIDU

$BIDU has a habit of making people sweat and then bouncing on a support level that it must hold on.

This happened in early September for the start of Wave 3 and we have a test of the wedge trend line and a bounce today.

I said in the group earlier that we can relax a little bit once the $94 support level is held, ...

$IQ

$IQ holders, stick with this , you are being rewarded for your solid hands.

No changes to the chart and it is moving better than most of the Chinese ADRs today.

The 200 Day MA is the next target at $3.60 right now

Fundamentally the price has no right to be down at this level and technically, it looks great h...

$PFE

$PFE reports before the market opens tomorrow.

It goes without saying that they need a beat tomorrow and no blemishes

They are under severe pressure now to deliver since an activist has now taken a stake, so I expect them not to drop the ball here.

$PFE is showing a double bullish wedge.....if you look at t...

$GRAB - WATCHLIST -

I was in Asia recently and I saw how popular this App is, its effectively Uber and Uber Eats combined and very effective together.

Price has broken out of this 2 year wedge and has just broken above its 2023 high and has come back for a retest at $4.

If the price can hold above $4 then the next test is the First T...

$ZM

$ZM is now at a yearly high and making its way to the First Target at $77.

I expect some resistance at this level and a pull back to the 50 Day MA may be needed at $70, unless the bulls flip this level to support and can hold above this level, then the Second Target is in play at $92.

$LABU 3 X Bull Biotech ETF.

$LABU has been consolidating since July but has been able to hold above the 200 Day MA since May.

After this earnings season, $LABU may be able to take a direction and bulls will want this to break to the upside.

Impulse wave is present here so it is in their favour, but a test of the top line of this wedge will n...

$MCD

$MCD reports before the market opens tomorrow and they have had a rollercoaster week.

Trump gained a lot of publicity for himself and $MCD's by staging an event in one of their stores and no less than 24hrs hours later, there was a report that Ecoli was present in their food supply chain and the share price took a big h...

$YINN

$YINN I believe has moved like $BIDU and has pulled back in 3 waves after completing Wave 5 at $58.

We can see that Wave 3 completed at the 1.618 Fib at $51 but Wave 4 was short and fast, whereas Wave 2 was very long and drawn out......this tends to happen with Wave 4 when Wave 2 is long

But it does make our job h...

$COIN

$COIN also reports on Weds after the close with $HOOD.

Price action has been moving very well in this impulse wave and the subwave 4 pull back has been perfect too, holding in between the 0.38 - 0.5 Fib levels.

I expect Wave 3 to continue as planned to the 1.618 Fib at $235

$COIN missed on their last report...

$HOOD

$HOOD is expected to report their earnings on Weds after the close.

There is going to be a lot of companies reporting on Weds at this time, so they will likely influence each other.

I have $HOOD in Wave 3 here and can move up to $41 to the 1.618 Fib to complete

What may come after the report is a pull back ...

$F

$F is due to report their earnings after the close today and there is an ascending triangle formed leading to this date.

The top line is at $11.40 and has been tested 3 times now since August, each time a higher low has followed and holding support above the blue support line which has been in place since 2022.

A ...

$HIMS

$HIMS has given another opportunity last week when it tested the $20.77 level on Weds and has bounced very nice since.

Price is also up +2% now in the PM to $22.18.

I believe this is moving in Subwave 5 now of Wave 3 and the trajectory remains the same.

Wave 3 finishing at the 1.618 Fib and the blue line at ...

$SPY TOP 20

$SPY managed to hold in this tightening rising wedge this week, saved by the 20 Day MA.

Losing this support and the next obvious support level is the 50 Day MA which is still at the previous high at $565.

A rising wedge falling to the downside will not be a good look and will likely spook many investors.

Th...

$QQQ TOP 20

$QQQ managed to recover all declines from the start of the week and finish the week just sitting on the last resistance level at $494.

It is very clear here that a positive week of earnings and a test of the $503 level would be very easy.

Flipping this level to support will be the icing on the cake for the ...

$V TOP 20

$V also reports after the close on Tuesday and their guidance will be very important to us.....they will be able to tell the market if there are any changes to consumer spending, if they give a bullish update....this will be significant on the market....it could also signal that inflation may in fact be rising again.

$V...

$TSLA TOP 20

$TSLA finished the week very strong and just finished shy of the $271 high level from July.

Price has jumped from $212 to $269 since their earnings on Weds after the market closed.

As it states on the chart, holding above the green line at $271 and you've got to give it to the bulls that they can get this higher ...

$SHOP TOP 20

$SHOP is showing us as a reminder to always wait for the pull back.

It is not nearly complete yet and has not capitulated either or lost the 50 Day MA, so there is still a lot more work for the bears to do.

Losing the 50 Day MA at $77 and rejecting from below will be great to see, this should allow the price to dr...

$PYPL TOP 20

$PYPL is due to report this Tuesday before the market opens.

I think we could see a pop to the 2.618 Fib if $PYPL reports a standard beat with no surprises.

Unless it is exceptional with massively increased margins, I don't see how this recovery has not been baked in already and we get our ABC pull back shortly ne...

$NKE TOP 20

$NKE finished the week testing its 0.618 Fib again, this is the second test of the 0.618 fib since Sept.

We can see from the last test that the price hit $77 and jumped up to $91 next.

$NKE is still in the Buy Zone and if the 0.618 Fib is not held at $78 then I think we will be seeing weakness here and the next te...

$MSFT TOP 20

$MSFT reports their earnings on Weds.

Bulls have really been able to turn this around, at least in the short term, 50 and 200 Day MA was lOSTt but it was regained this week and bounced away from this confluence level

Like $GOOG, it also has a good chance of moving back into its Wave B range between $436 - $450 lea...

$INTC TOP 20

$INTC reports after the close on Thursday.

The price action has been consolidating sideways here since the end of Sept and is moving comfortably in a bullish wedge.

I don't expect this earnings to be excellent but I believe that if the market thinks the worst is behind it, then they may start to believe that this ...

$GOOG TOP 20

$GOOG also reports their earnings after the close on Tuesday too.

Price has been holding above the 200 Day MA since the 17th of Sept and above the 50 Day MA since the end of Sept.

It has been slow and sideways moving but I suspect the market needs the report to decide on the next direction

For me and the cha...

$BABA TOP 20

More news came out over the weekend that China expects to release a large fiscal stimulus measure in November, this announcement appears to be aligning with the US election and the report dates of the Chinese ADRs.....with $BABA expected to report around the 14th of November.

So all we need to see until then is support ...

$AMZN TOP 20

$AMZN reports after the close on Thursday too and I think we are all aware of $AMZN's chart at this stage.

We want to see $189 converted to support.

$AMZN has made a habit of reacting very well to its reports this year and I expect this to continue.

I am struggling to see where they will find challenges in ...

$AMD TOP 20

$AMD reports their earnings on Tuesday after the close and this chart does not give me any concerns leading into earnings.

Higher highs and higher lows, holding on the 0.618 Fib levels since April too.

The one variable here is that we are below the 200 Day MA and I am ok with that.

As long as there are no su...

$ABNB TOP 20

$ABNB is due to report their earnings on the 7th of Nov.

We trimmed -20% this week after a clear rejection at the Wave 5 target at the 2.618 Fib at $136.

Price managed to recover some selling to end the week on Friday but I believe trimming -20% to add back between $123 - $120 makes a lot of sense here.....I think...

$AAPL TOP 20

$AAPL reports after the close on Thursday and this will be the most important week of the earnings season with the majority of the Mega Caps reporting this week.

$AAPL had a difficult time at its ATH line for its first test, as news broke this week that the First generation Vision Pro's will be discontinued, as sales ha...

$SPOT - RC -

I would like to add $SPOT to the Top 20 list one day but at these levels now, I don't see a lot of benefit.

$SPOT joins $META and $NFLX with a very impressive V shaped recovery, what many would love to catch along their investing journey.....but there are moments where you need to accept that you missed the aggressive r...

$TMDX

I'm uploading the weekly and the daily charts here, so you can see the confluence level at the 0.38 Fib with the moving averages.

On the daily chart, the 200 Day MA held support just below the 0.38 Fib and

On the weekly chart, the 50 Weekly MA was also there to offer support but the 200 Day MA held support first 2024-10-27 12:11:17 +0000 UTC View Post

Most Anticipated Earnings Releases This Week.

We will cover all Top 20 Charts this evening and in addition, we will focus on uploading many of the charts due to report their earnings this week

What are your most anticipated reports due this week outside of the Top 20?