The Long Investor

$GOOG TOP 20

Some weakness at the opening as buyers may have panicked out of $GOOG to chase $AMZN or $META but we can see that $GOOG is still holding the 50 Day MA here at $140....a hold here and this could be a very attractive opportunity here to catch the next wave up.

$GOOG's earnings overall were a beat....with one small blemish, their Ad revenue declined by -2% but Youtube revenue incr...

$ABNB TOP 20

$ABNB is doing what has been asked of it and came down to in between the 0.5 Fib and 0.618 Fib today and holding above the 0.5 Fib now.

Earnings are out on the 13th of Feb so there is still some time to go before they are released.

We can see after their last report that the price ran from $114 to $150 because their margins improved astronomically, any continua...

$AAPL Earnings:

*APPLE 1Q REV. $119.58B, EST. $117.97B  

 *APPLE 1Q EPS $2.18, EST. $2.11   

*APPLE 1Q PRODUCTS REV. $96.46B, EST. $95.14B  

 *APPLE 1Q GREATER CHINA REV. $20.82B, EST. $23.5B

$META Earnings:

$META RESULTS: Q4  

❖Facebook daily active users 2.11B, +5.5% y/y, EST 2.07B  

❖Facebook monthly active users 3.07B, +3.7% y/y, EST 3.06B 

❖Ad impressions +21% vs. +23% y/y, EST +24.6%

❖Average price per ad +2% vs. -22% y/y, EST -4.12% 

❖...

$AMZN Earnings:

$AMZN RESULTS: Q4  

❖ Net sales $169.96B, +14% y/y, EST $166.21B 

❖ Online stores net sales $70.54B, +9.3% y/y, EST $68.91B 

❖ Physical Stores net sales $5.15B, +3.9% y/y, EST $5.23B 

❖ Third-Party Seller Services net sales $43.56B, +2...

$MARA - RC -

This chart is the most frequently asked chart for a chart that doesn't need to be uploaded again so this is a little red flag for me, that people need to see this uploaded constantly

it is certainly HIGH risk as the price movements move extremely fast and then collapse even faster, so crypto mining stocks for me attract the high risk buyers who seek fast returns, I do not encou...

$HOOD

Many people are bullish on $HOOD but lets be clear, it has been consolidating within this blue line range for 2 years now.

I believe it is only bullish once it clearly breaks out above the $12 level and holds, it has had two fake break outs here in the last 12 months which is why I have not been bullish on this ticker.

First things first, the price action needs...

$HIMS

Moving well here with our count and holding comfortably above the 200 Day MA above $8, which is also the blue line too.

No changes to this chart either and I still have Wave 3 at the 1.618 Fib as always at $21, as long as the price action can stay above the 200 Day MA, the structure is staying in an impulse wave and staying healthy.

$MSRT - RC -

It has been a number of months since I last uploaded this as it was running very well through the First and Second Targets and Wave 5 went very extended and parabolic so now it needs to let off some steam.

I expect an ABC count here, as there is a clear 5 wave count up to complete Wave 5, with Wave 5 showing clear final wave characteristics and the pull back to the 0.5 Fib was ...

$ETSY

Triple hold on the blue line here and just above the 0.78 Fib and moving quite well today and up +8% now.

Just halted by the 50 Day MA and the 200 Day MA is just slightly above at $80....if the bulls can flip both of these MA to support then this is looking good for a move up Wave C.

$DAL

$DAL is moving like clockwork here and is showing a double hold on the larger 0.5 Fib for Wave 2 primary, and a smaller 0.5 Fib for the potential subwave 2.

The price is also sitting on the 200 Day MA here too, so the price action is doing all the right things here.

Wave 2 was a clear 3 wave pull back aswell.

So a hold above the 200 DMA is bull...

$PGNY - RC -

Price action has been moving within this wedge for the last 18 months after holding on the 0.78 Fib in June 2022 and drifted slowly higher making higher lows since then.

The price is also above the 50 and 200 Day MA here and the 50 looks to be crossing the 200 Day MA shortly for a golden cross, so this is a bullish signal.

A breakout of this wedge and the targe...

$SOFI - RC -

$SOFI the heart breaker.

Another pump and dump post earnings and back to where it was before the earnings now....still battling to hold the 200 Day MA and has not made a new low below the 0.78 Fib at $7.28 so although the structure does not look pretty now, a break down has not happened yet.

Losing the 0.78 Fib and the price is back down to test the yellow chan...

$PLTR TOP 20

$PLTR  the price action is getting VERY close to the 200 Day MA at the 0.38 Fib.  

This is how you read a chart: 

The price action will try and find support at the: 0.38 Fib at $15.71 (and 200 Day MA = Confluence level)  

$NIO TOP 20

$NIO needs to get back above the blue line which is the bottom of the Buy Zone limit, we can see on the chart that it was a support level on the 22nd and 23rd but lost the line on the 25th and has so far rejected at this line today trying to get back above it.....until the price action gets above this line, the reversal is not on or showing signs of it.

I like that the price ac...

$AMZN TOP 20

$AMZN has bounced on the ascending triangle top line for support and recovered all losses from the wider market sell off yesterday.

I have added to my position this week and I am happy to add here to take advantage of the volatility leading up to earnings, I have a low average here with $AMZN and I sold my $GOOG shares before earnings to buy $AMZN which I suggested to do over t...

$PYPL TOP 20

A wedge has been forming here as the price consolidates amongst the market volatility, there also appears to be a battle going on around the 200 Day MA and the red trend line, I suspect the price will get tighter into the wedge as it leads right up to the earnings date on the 7th of Feb.

Holding above the 200 Day MA will mean holding above the red trend line too, so this is the...

$WMT - RC -

Walton family have been selling $Billions worth of stock over the last 12 months and this has always been a red flag for me but in spite of this, the price continues to move higher....$WMT announced this week a 3 for 1 stock split which is another red flag I believe....especially with the share price only at $165 which is not excessive.

I believe the family will continue to sel...

$UBER - RC - LONG TERM -

$UBER has been enjoying itself since Mid 2022, our large Impulse Wave Primary count has not changed here but the smaller subwaves needed a clean up, as I believe this is approaching the end of wave 5 here as it is already at the 2.618 Fib already....it may go to the 3.618 Fib at $78 but an ABC correction is needed in order to go higher which I believe it will over the next few years.....a rejec...

$BOIL - RC -

Natural gas ETF here and has been in a downward wedge for the last 8 months, after losing its consolidating channel within the blue lines.

A break down from this wedge would be a catastrophe if it is not regained but a breakout would be quite bullish.

We can see that the 50 Day MA is aligning with the top wedge line now so this is a strong confluence level, a b...

$ADI - RC -

Very large forming wedge which dates back to the dot.com bubble in 2000 and usually we do not go back this far but we noticed a series of linear rejections in a descending wedge and they align with the dot.com high.

This formation is bearish so innovation or acquiring will be needed to break this trend.....the price can continue into the apex of the wedge and may continue to 20...

$ALB - RC -

No changes here to the $ALB chart, it is back down to test the lows again and is still above the 0.78 Fib at $104.

We can see from the bounce at the end of last year that it rejected at the 0.618 Fib and came right back down, so I believe a lower low will be found next.

$104 needs to hold or it can drift down to the last Fib at $75 and below that is the previou...

$BYDDF

It is not just $TSLA, $NIO, $XPEV, $LI, $FSR having issues, the entire sector continues to experience strong selling pressure.

BYD who has now overtaken $TSLA as the worlds largest EV seller has dropped from a high of $43 to $22 and during this time, they have drastically improved on their production numbers and fundamentals.

The sector needs to find support an...

US 10 YEAR

This is what we wanted to see

A hard rejection at the 200 Day MA, after putting up a good fight, it is now down -1.5% today and we can see that the 50 Day MA is about to cross down through the 200 Day MA which is a bearish signal.

A further decline should help the financial sector again and could be the help that $PYPL and $SOFI need right now.

$XLE - RC -

Energy Sector ETF - On the smaller scale we can see a very clear Cup and Handle formation and the price action is in the bulls handle now, a break above the 200 Day MA and this can get back into the larger wedge and break out to a higher high and move to our Wave 5 target......

Any breakdown from this formation and this is into an ABC correction as shown....I am leaning bullish...

$INMD - RC -

It has been a number of months since I last uploaded this but the target levels remain the same.

There has been nice consolidation along the Second Target thankfully for the bulls because losing this level could result in a devastating fall down to the nuclear level at $6....

Desperately needs a positive earnings now to start moving higher, to the First Target ...

$SOXL - RC -

This 3 X leveraged Bull Semi ETF has been moving very well through our count and there are no changes to this chart since the last time I have uploaded this.

$AMD, $SMCI and $NVDA played a big part in the gains here and this is taking a breather which I believe is a healthy pull back before going higher.

Wave 2 held the perfect 0.618 Fib for Wave 2, so we have ...

$COIN - RC -

Continues to show strength here and $COIN is a good barometer to determine how the rest of the crypto sector is behaving and is closely linked to $BTC.

Consider $COIN as an ETF for the crypto sector.

It held a crucial support level when it needed to and so did $BTC and $ETH, so if this continues moving up, I suspect the other 2 will too.

The 50...

$INTC TOP 20 - NEWS -

$INTC has now hit the First Target at $42 and so far holding and $NVDA has dropped some news that might excite the $INTC bulls:

'NVIDIA has reportedly turned its hopes toward Intel to fulfill its "immense" advanced packaging demand, as TSMC & others face a huge supply bottleneck. -- WCC'

Coincidental that this news drops at the same time the price hits the ...

$LULU

Moving very well here and ask expected, no changes from our last upload and a nice firm rejection at the Blue line at $485 and losing the 50 Day MA now indicates to me that this will continue moving down to the 0.38 Fib at $428 as expected.

I believe this will present a good opportunity to buy to catch Wave 5 up.

Big fan of this company, chart and fundamentals.