The Long Investor

$SOLUSD

$ADA is not the only one hitting our targets, SOLANA has broken through the second target now too which is astonishing, considering Wave 1 started at $15 in July.

These coins are printing right now, including $BTC and $ETH.

I will be watching for a pull back here shortly, I would like to see this hold one of the target support levels and consolidate before going higher.....otherwise...

$AMD TOP 20

$AMD has been dropping bullish news non stop lately and it is doing wonders for its share price and has produced a very uncommon Wave 1.

If the pull back we got over the last week and a half is Subwave 4, then it only went to between the 0.236 - 0.38 Fib, which was shallow and the Subwave 2 in early November was extremely small and rare but lets play the cards we are dealt.

I am sti...

$CLS - RC -

$CLS has been moving very well this year and in line with the strong performers of the market and also looks like it is in Wave 5 too.

Held above the 1.618 Fib level which we know is the standard Wave 3 level, so finding support above this level is a good sign.

Price also found support on the 50 Day MA which was exactly on the 1.618 Fib level, this is called a strong confluence leve...

$BITX - RC -

This 2 X Bitcoin Strategy ETF has been printing since $BITCOIN has been making strong moves over the last 2 months.

Ascending triangle breakout is likely Subwave 4, which is typical of a wave 4, so after Subwave 5 is complete, this will need to blow off some steam and retrace, in line with $BITCOIN too.

$27 is our first target but this could extend to $29 too...so no rush getting ou...

$ZM

$ZM continues pushing higher too and breaking above both yellow trend resistance lines now.

I also like how it used the 200 Day MA on the trend line as support to and bounced and pushing towards our Wave 5 level at $72.

Again we will watch how this moves and how far it can push higher before it needs to pull back for its ABC correction.

The ABC correction finishing above the y...

$NIO TOP 20

I am not too concerned with what I am seeing today, still 10% up for the week and above the 200 and 50 Day MA on the 1hr chart,

The price has not been able to break above the first target yet at $8 and hold but holding above the 200 Day MA may give it another chance to test the $8 level again next.

We have our wedge breakout and momentum with us at the moment, we should not expect a...

$ABNB TOP 20

Continues pushing higher after breaking out of another bull flag to the upside, it continues to follow  the formations very well and our trajectory.

Watching this ascending triangle now....which is normally found in wave 5's and may be the trigger to pull back for our ABC count if it breaks to the downside, so this is what I will be watching next.

I am up 20% now since buying b...

$JBLU

Highlighted yesterday that the chart was moving well and in a controlled manner and wanted to see a break out of the channel next....that is what we got today and up 9% now on a strong forward guidance over the holiday season.

I have been singing this tune all year about airlines, airports are full, people are traveling like I've never seen and I've been in the industry 19 years now.

$GOOG TOP 20

I spoke yesterday about $COST potentially being chart of the year but what about $GOOG.

Subwave 2 pull back to the 0.618 Fib and bounced.

$AAPL and $AMZN have not been this disciplined, only $MSFT came close.

Very nice bounce here but do not chase it now, wait for it to stabilise and come back a bit more, if you are considering adding.

$META

Nice rejection under the 200 Day MA on the 1hr chart here for $META, I suspect that Zuck continues to sell at these elevated levels.

$META has had a fantastic year so a pull back here does not mean this is doomed, it is needed and healthy.

We can see that the 50 Day MA is dropping quickly to cross the 200 Day MA next too.

This may accelerate some more selling.

For me, I ...

$AMZN TOP 20

$AMZN has been bending now since the 7th of November, so the bulls and bears have been battling here but the bulls are running out of steam.....and bulls need to be smart now and not chase and wait for the pull back.

Failed to make a higher high on the bounce yesterday (unlike $AAPL) and pulled back today, so I like to see this.

The 200 Day MA on the 1hr is at the 0.23 Fib now, losi...

$GPS

No changes here either and this has climbed 250% since June and followed our chart very well.

It would be incredible if it continued its climb to our Wave C level but before it can do that, it will need a pull back and when I see signs of Subwave 2 coming in, I will add the count.

Well to all who bought this during the summer. 

$FUBO

$FUBO has been moving very well here after holding support on the 200 Day MA, regained the First Target support level and has been gradually moving higher too.

Impulse wave added here which brings this up to the Second Target level at $4.

This would be a very large climb from $1 to $4 in 12 months, as projected.

$NVDA - RC -

No changes here either since the last time I uploaded this, it has been consolidating sideways under the 4.618 Fib since May.

A pull back to the 200 Day MA at around $400 is not ruled out yet, neither is the gap fill to $300 either.

But overall, the impulse wave remains firmly in control and I see this moving higher over the next year.

$DIS TOP 20

$DIS hit the 0.38 Fib support level and bounced. As we know, Wave 4 goes to the 0.38, so if it can maintain this support, there is one more leg up for Wave 5 next at $102, at the red trend line.

Needs to get above the 50 Day MA on the 1hr chart first.

$RIVN

I highlighted this chart only yesterday to say that the 200 Day MA is being tested a number of times and it looks like it will break shortly, also highlighting that the 200 and 50 Day MA are at the same level too, so I believed a strong move was coming.

Today it is up 9%+

Wave 3 is at the 1.618 Fib at $42, so if we can see more impulse action here, this could be a very attractive bu...

$TDOC - RC -

$TDOC has been getting some attention here too, coupled with ARK buying up blocks lately.

We can see that the price is up over 20% too since finding support on the 1.27 Fib level.

The price has also broke above our blue line and moving in an impulse structure so I have added in an impulse 5 subwaves now.

The 200 Day MA is what I am watching for next for Subwave 3 to complete a...

$ZM

In our last upload we spoke about the need for $ZM to show strength and stay on the upside of the yellow trend line, it has successfully retested this line and has bounced, assisted by the 200 Day MA here too.

Happy to see this moving up in 5 waves, so when the ABC correction does come, a hold above the trend line again and/or the 200 Day MA will be a buy signal for us and holders.

...

$PYPL TOP 20

Yesterday we said we were watching for support on the 50 Day MA or losing that, to expect support on the yellow trend line.....the price managed to hold in between both but dropped to the trend line in the PM today.

Very happy with the bounce so far and keeping in this channel.

A break out of this channel will be a positive move and confirm our impulse wave.

I think it is only...

$PLTR TOP 20

We all know I am a fan of $PLTR but I will not chase any stock, regardless of my admiration of it.

$PLTR has pulled back now and I see many are surprised by this online.....apart from us, as Wave 2 had not come in yet.

It has certainly pulled back faster which is not particularly a bad sign because we do not work on time, we work off waves and support levels.

So let's keep an ...

$JETS ETF

$JETS has done exactly as we expected, hit the double bottom and Wave C, at our Wave 2 level and has bounced up towards the 200 Day MA. I want to see this move in a controlled manner now, the 200 Day MA could act as a resistance level and complete Subwave 1 here.....if this is the case, we can expect a pull back to our Subwave 2 level and this would be a very attractive place to add if you have...

$FSR

$FSR flushed down to $1.45 at the opening, very close to our potential bottom at $1.40.

I am looking for signs of a bounce and a reversal next considering how much this has broken down and close to our bottom.

We do not have to see this back at $7 to make substantial gains here.

I am interested in adding to my position here shortly.

$ABNB TOP 20

Nice breakout again today from this bullish channel and is moving towards our Subwave 5 target....I am seeing 5 waves here so it all depends now how extended this Subwave 5 wants to move up to.

I expect 3 waves down then and so far, this would bring the price back down to between the 0.5 Fib and 0.618 Fib between $126 - $122, this is an area I will be considering adding too.

Very ha...

$NIO TOP 20

We got a run to $7.96 yest, followed by a retest of the breakout area and support was found at the top of out buy zone at $7.38.

We were looking to see if $NIO would hold the 50 Day MA at $7.52 yesterday on the pull back but happy that it found support at the top of the buy zone, this is not coincidental either.

PM is moving very well now and up 2.5%, getting back above the 200 Day ...

$ADAUSD

This could not have gone any better for us.

A breakout of the wedge, into a smaller wedge, a test of the blue lines at $0.42c and a breakout there too.

The last test is at $0.46, where $ADA topped out in April '23, a break above this level and the next test is at $0.52c.

$ADA is very close to 100% gain in 7 weeks.

$SOFI

Bulls have passed the first test so far and broken out of the downward channel which was no easy feat to achieve over the last 5 months and now they are met with the most important line, the bullish/bearish flip line, so far the price has rejected once at this level but that is ok, it has pulled back to test the channel from above now and so far has found support.

A successful hold here a...

$ADAUSD

Large Wedge Breakout, into a Smaller Wedge Breakout and now testing the top blue line at $0.42, the moment we have been waiting for.

A breakout of this line and the First Target is at $0.52c.

$ETH

$ETH has started its move. I uploaded this 17hours ago as I was flying throughout the night from New York to Dublin and it looked obvious that it was about to run and it has a bit of catching up to do to get close to $BTC.

5% up now and moving extremely well, just before it jumped a member asked if there would be any pull backs before it runs and I said that I expect very little.

If...

$PATH - RC -

This is the first time I have checked in on $PATH in a long time and it is due to a member requesting it and to my delight it has done exactly as we projected.

There is no changes to this chart whatsoever.

That 1.618 Fib is a magnet for Wave 3's and it is the most consist Fib level that is used for EWT.

If I could only use three Fibs, they would be:

The 0.618 Fib to Find...

$SOLUSD - RC -

I am getting asked about this but there is no changes to my chart, I still believe this moves up to the Second Target before going anywhere else.

A test of the second Target will likely cause this to pull back at this level too.

Consolidating then between the First and Second Targets will be a healthy move for Solana here.