The Long Investor

$SOFI

$SOFI's impressive bounce on the 0.618 Fib has done a number of things:

- It has allowed me to bring our Wave 3 target forward a few months

- I have provisionally removed the corrective waves down as the 0.618 Fib for Wave 2 held and did its job.

I think the last big hurdle for $SOFI will be making a new higher high at $11.70, breaking above this level and holding and Wave 3 i...

$NIO TOP 20

$NIO day was a success, for design, tech and infrastructure and they made a significant impression on the global EV market with the ET9.

I am particularly interested in how the market digests the inhouse chips they are developing that are on pair with $NVDA's processing chips for autonomous driving.....$NIO could be a market seller of these chips if what they have said is correct.

T...

$TSLA TOP 20

$TSLA has been moving in the direction of our green impulse wave since November and the bulls have been stepping in, the mother of all battles is about to take place at the yellow trend line.

This has been a resistance line since 2021, so breaking above this level will be very bullish for $TSLA and the bulls will be in control here.

The concern of course here is that if the market c...

$NKE TOP 20

We waiting patiently for $NKE's pull back and it arrived with a bang!
Although their earnings were a beat, they lowered their guidance for next quarter and said to expect a 1% growth for 2024.

The market took advantage of this, that being said, the pull back was due and we were waiting for it.

5 hours later after reporting their earnings, they announced cost cutting plans and wil...

$INTC TOP 20

$INTC signed a $25 Billion investment deal with Israel to expand their operations there for 'favourable' conditions.

I suspect $INTC got a very lucrative and tax advantage deal here considering the climate there at the moment.  

Our Second target looks like it will hit very shortly at $50 and could even hit today.

Buying at the Second target is not something I would recom...

$DIS TOP 20

$DIS has been drifting down towards another test of the 0.38 Fib level again ay $90 where the 200 Day MA is waiting patiently here too to offer support....making this a strong confluence level, to add to this, the 50 Day MA is coming up from below to offer further support and both MA's are getting very close here.

I maintain my view that this is a bullish set up and the next direction tak...

$COST TOP 20

$COST hit our second target after beating on earnings and increasing their dividend in a surprise move which pushed this even higher....holders must be very happy with $COST here.

We can see that the 0.38 Fib is at $599, this is the standard level we set for a Wave 4 pull back and rejecting at the Second target here over the next week would bring this moving down to our Wave 4 level.

$AMD TOP 20

$AMD has been showing some signs of slowing down but we are still not seeing any meaningful pull back yet that would entice us to add here.

The previous high at $132 will be an important level if the price can pull back here, if this level is lost then we will be watching for the White Fib levels to hold support and then entering.

The 50 Day MA is at the 0.5 Fib now at $118 and I th...

$MSFT TOP 20

Could $MSFT be the next one to make a move like $AMZN and $GOOG?

If $MSFT breaks above $377 then a higher high is made and Final Subwave 5 of Wave 5 is triggered for me.

I believe there is 10% available at the very least here, I have Wave 5 going to the 2.27 Fib at $411 but we are seeing on a lot of charts that Wave 5 is running high, so we will not be surprised by this.

Subwa...

$QQQ TOP 20 - 6 YEAR PROJECTION - SAFE HAVEN -

I forgot to add this to our Safe Haven collection to prepare us for the pull back next year.

Both $SPY and $QQQ charts are now added to the Safe Haven collection.

We will be keeping a close eye on their Wave 5's first.

$GOOG TOP 20

$GOOG has gone perfectly here for us since our buy on the 0.618 Fib at $133.

It held support on this level for a week, even recapturing the level and holding, happy that this was a secure support level and we added again.

The price has since broke above two trend lines and made a higher high.

Also since the 19th of Dec, the price has formed an ascending triangle, this is my fa...

$BABA TOP 20

We have seen some nice movement over the last 10 days since hitting $70.

On the 1hr chart we can see that the 50 Day MA has been moving very quickly up to the 200 Day MA and both moving averages are getting very tight here......as we know, when they get tight here, a direction will need to be taken, and we can see that the price has been consolidating between $73 and $75 for the last 10 d...

$BTC 6 YEAR PROJECTION.

Wave 2 has done its job, it is always the hardest Wave 2 hold through too but what we always say is:
'If you can hold through Wave 2, you deserve Wave 3.'

$BTC looks very bullish here for the next few years.

$SOLUSD

From $7 to $118 is extraordinary and pushing the limits of the Fib levels, the absolute limit for me would be the 4.618 Fib at $130 and as we know, I have yet to see a stock go above this level without a pull back first.

Although the run has been crazy, the Wave count has not, it has logged its Wave 2 and Wave 4 perfectly fine and used the First and Second targets as catapultes to go high...

$PLTR TOP 20

I think we need to call it that we are in Wave 2 here now.

The price rejected at the yellow line, which confirms the lower high, it has also struggled to get back above the 50 Day MA and Wave 1 extended to the 3.272 Fib at $21.63 (we also just saw that $ABNB also extended to its 3.272 Fib for its Wave 1 too and rejected)

The 200 Day MA is splitting though the 0.5 and 0.38 Fibs now w...

$PYPL TOP 20

Weekly chart here to provide some context because I think everyone is aware of the price action in the red descending wedge right now.

$64.13 needs to be broken first and then the very important $66.64 level on our blue line.

This is also a:

- Strong resistance/support line

- The 2 Fib

- The weekly 50 Day MA 

- A break into the Bull Case.

This is a...

$ABNB TOP 20

Another company I am going to rinse and repeat as long as it follows this strict structure.

It has been an excellent profit maker for us this year and I intend to keep going with this.

Pulled back eventually at the 3.27 Fib at $149 and hit $139 on Friday.

Look at where the 50 and 200 Day MA's are, just sitting at the 0.618 Fib, ready to offer support.

This has been textb...

$AMZN TOP 20

One of my best buys of the year was getting $AMZN at $118 on the 26th of October.

For anyone who has been here for most of the year, especially after June, I said I was buying $AMZN regardless of what would happen if it hit $120 or below and after the outstanding earnings report in August, it was looking like this would not be possible.....but we knew that Wave 4 had not come in yet, we w...

$AAPL TOP 20

Remember what we always say?
$AAPL holds the key to this market.

It hit its All Time High Line before the $SPY did and has already pulled back in a nice controlled manner.....observe the RSI too, it was in the overbought territory and now declining rapidly.

This is good to see and this is what I expect from the market too.

The 50 Day MA is in between the 0.38 Fib and 0.5 Fi...

$SPY TOP 20

$SPY gave us an historical EOY rally which surprised everyone with how much force it had, on the brink of near collapse in the last week of October, to pushing to new all time highs into the last week of the year, it has been a turn around for the ages.

RSI hit 86 on the 14th of Dec, further showing the strength of this run. Not since the post Covid Low rally, when the US flooded the syst...

$ETHUSD

Long term projection here for $ETH and I like how it is looking now for its next bull run, having comfortably completed Wave 2 in June 2022 and has been slowly drifting up since then.

I do not think the big moves have started yet and I like how this has been lagging $BTC, money will rotate soon.

We can see that the 200 Day MA has been the main support line here since 2020, even hold...

$BTC TOP 20

Platform forming on the 1hr chart on $BTC, which is putting this in a good position to push higher for Subwave 5 of Wave 3 once its breaks above the Subwave 3 level at $44729, this will be the trigger that Subwave 4 is in and next stop is at $50k for Wave 3.

Any rejection at the $44720 level and this may need to come down to the $40k level again, where the 50 Day MA is waiting at the 0.23...

$WULF - WATCHLIST -

Is $WULF next to pull a $MARA, $RIOT and $CLSK?

The chart is showing many bullish indications and this is starting to look parabolic.

Price is now above the 50 and 200 Day MA, with the 50 Day moving swiftly up to the 200 Day MA for a bullish cross.

If this does move like the other crypto stocks, there is a route back to $4 here.

$X

What is amazing about this chart is that just before the Japanese announced they were buying X, the price was right at the channel trend line at $35, the news broke and this broke out, jumping from $35 to $50.

Maybe people were aware that this was going to happen or the Japanese company could see the value along with the market.

We can see how this can move up to $80 for Wave 5 over...

$ROKU

$ROKU is getting the pull back we anticipated, we have Wave B pulling back to the bottom trend line at $80 but lets see how it handles the 50 Day MA first and the 200 Day MA below potentially that is also drifting higher. 

So there is a number of support levels that this can hold at in order to go higher to complete Wave C at $125-$130

$INTU - RC - WATCHLIST -

I am not sure why this is requested again because there are no changes to this chart but it is worth showing it again, considering how bullish this chart is and how well this is moving up our Wave 3.

I see very little in the way of resistance up to our blue line which was the previous high in late 2021 at $718.

A break above this level and we are into the bull case and Wave 3 is fur...

$SOXL - RC -

$SOXL a 3 X Leveraged Semi ETF.

Why did Nancy Pelosi spend millions on $NVDA CALLs this week?

Maybe she can see how bullish the Semi's charts are.

$AMD, $INTC, $NVDA, $TSM all remain bullish with considerable upside and $SOXL looks the same.

Above the 50 and 200 Day MA here too and made a new high, so the trend continues to be to the upside.

Wave 3 is at the 1.618...

$CELH - RC - WATCHLIST -

$CELH chart is looking good here, we got our pull back and is now sitting on the 200 Day MA as support, this would be the ideal area to bounce and start moving higher for Wave 5 next.

The trigger you should be looking for is a break above the 50 Day MA at $53.50.

We can see that the 50 and 200 Day MA's are getting tighter now so a direction will need to be taken shortly.

Bulls...

$SKX

$NKE guided lowered yesterday and there is a concern that they are losing market share too faster moving apparel companies like $SKX, $LULU and $ONON.

I expect $NKE to respond and continue to be the market leader but that being said, it is encouraging for these companies to see them grow.

$SKX chart is as straight forward and bullish as they come.

Especially how well this has ...

$ZM

$ZM may not be done here completing Wave 5.

It has moved sideways since the 8th of Dec and although it has not made a higher high, it has been able to hold up very well and we can see that the price action already tested the 0.38 Fib, which is the standard pull back for Wave 4....so there is every possibility that $ZM still has one more leg higher to $76-$78, along with the market to comp...