The Long Investor

$OXY

$OXY has been in this channel for nearly 3 years now, slowly making its way to lower Fib support levels but is still holding its structure and not infringing upon the top of Wave 1.

The US election has likely caused this sideways movement as the market anticipates what Trump will do regarding oil supply.

$OXY is also a carbon capture company too, so it also remains to be seen what p...

$TLT - SAFE HAVEN -

$TLT found resistance at the 200 Day MA at $92 and is pulling back in a controlled manner, so far in a 3 wave pull back.

So I have added in the support levels and as always, we want to see a hold between the 0.5 Fib and 0.618 Fib range.

But we can see that the 50 Day MA is in between $88 - $89 so this will also be of interest too.

If there is a hold between $87 - $89, then I b...

$DIS TOP 20

$DIS does not get a lot of attention but we must not ignore the bullish set ups.

This jumped from $84 to $117 from August to December and many would have been happy with those gains.

Price action has held very nicely on the 0.618 Fib after a 3 wave pull back as shown.

The price is also testing the 200 Day MA now at $101, a flip and hold of this level to support and the reversa...

HSI

HSI again looks to be reaching for another test of the blue support line and this aligns with $BABA's movements too, we can see that the 50 Day MA is also racing up to this level too which is likely where the price action and the 50 Day MA will both meet at the same time at the blue line, for a confluence level.

We would like to see this level hold, similarly we would like to see $BABA re...

$LYFT - WATCHLIST -

$LYFT found support on its 0.78 Fib at $11.10 and has now bounced up to the 50 and 200 Day MA's, which was also a test of the descending wedge top line at $13.50.

So this is the breakout level that needs to be flipped to support to confirm a reversal here and a move to the upside, with an initial target at the blue line at $20.78.

Above this level then and there is a strong move up ...

$BIDU

$BIDU has held support on the 0.5 Fib at $95.46 since pulling back after testing the yellow channel breakout level.

Price action could make another attempt at breaking out of the channel and holding next at $100 and once it holds, I believe our Wave 3 target at $124 is next.

However, I can not rule out a second pull back to the 0.618 Fib at $91.90, where the 50 Day MA is moving too....

$QQQ TOP 20

The lagging $QQQ has started to catch up on the $SPY and it ran to its 200 Day MA today at $493.

Just a test of this level now but managed to finish the session close to its daily high and kept its strength for the day.

An attempt at breaking above this MA can happen this week now, Mega Caps and Tech positions will likely benefit from this.

The $SPY finished the session above ...

$KO - TOP 10 -

$KO has pulled back since hitting the First Target and the pull back has been nice and controlled to the 0.38 Fib, where it has tested and held since the 14th of March

A hold on this level suggests a Wave 4 hold and we can expect a move higher once the price holds between $66 - $68

Wave 5 target also aligns with our Second Target at $77 too.

Dividend here of +3% too.

Wat...

$CELH

$CELH has moved up to the 200 Day MA now after a strong move from holding support on the blue line at $25 and has now hit $35.

We will see if $CELH has the legs to break above the 200 Day MA next at $35.50

It may need a small pull back first before finally breaking above this level so I have added in the support levels to show where support will be needed to hold.

This does no...

$CMCSA - RC -

 It has been a difficult 4 years for Comcast but I don't believe their ABC correction is complete just yet.

The Impulse wave from 2009 to 2021 was perfect, and it appears that it will take 5 years to complete the ABC correction and drop down to $26 for Wave C.

Until a lower low is made beneath Wave A, I would not consider a position here.

$PYPL - TOP 20 - WATCHLIST -

I have been banging the table a lot about $PYPL because it can be rare when you get a perfectly undervalued position both fundamentally and technically at the same time

To a point where if this goes lower, it becomes a greater opportunity.

So although I have added in the Buy Zone, I would buy aggressively lower than $66, however I think right now $PYPL is positioned very well to mov...

AF - AIR FRANCE - EURONEXT

Price continues to pull back now after breaking out of a 4 year long descending wedge.

We can see that the confluence level now is in between the 0.618 - 0.78 Fib range where the 50 and 200 Day MA are waiting....so a hold between €8 - €9 is where we want to see support.

 A hold within this range and we have a buy signal to catch the next leg higher moving towards the blue l...

$SPY TOP 20

Really strong start to the week for the market

Bounced above the 200 Day MA yesterday and kept its strength for the day, today we have a continuation of strength with the price at $576 now, $3's above the 200 Day MA

We still do not have a retest of the 200 Day MA so this is what we are looking for next, a clear recapture of this important level and confirming it as support with a re...

$OSCR - TOP 10 -

Really nice recovery and bounce on the $13 level now and above $14 today too.

$OSCR is another chart with bullish indications and we can see that RSI has moved positively away from the oversold territory at 30 and moving higher.

MACD has started to curl up higher too, meaning sellers have dried out and buyers are stepping in

The 50 Day, the 200 Day MA and the 0.38 Fib are all ...

$XLV

This a Healthcare ETF that I like for the next 12-18 months, I believe it will perform better than the market and can withstand many macro influences.

Price continues to hold above the important blue support line at $143 and has done since the start of 2024, however with some dips below but quickly recovering.

The price action still has the 200 Day MA to deal with next at $144 but f...

$VSCO

$VSCO we are watching for a pull back in 3 waves for subwave 2, ideally between $19 - $18.

A hold here for subwave 2 and we have a buy signal to add to catch the next wave higher for Subwave 3, with a PT at $29 at the 1.618 Fib, which aligns very well with the 50 and 200 Day MA's too.

I do like this set up once our subwave 2 position holds.

$ORCL - WATCHLIST -

I am really liking the $ORCL set up right now,

Potential Wave 4 pull back held support on the 0.38 Fib AT $145 and the important trend line support level and has so far bounced very well.

Just a flip of the 200 Day MA needed at $160 and holding, then I believe $ORCL can move higher to complete Wave 5 at $234.

$NIO TOP 20

Mixed reactions from analysts post earnings for $NIO, Citi gave a PT of $8.60 while Morningstar cut their PT to $5.60 from $6.80.

CEO Li stated this week that his target of breaking even this year on profitability is still his chief aim which may be a big ask, he has missed on targets before so it's possible that the market will need more convincing.

On the chart, we are back into t...

$LULU - WATCHLIST -

$LULU is starting to make its move after holding on the 0.5 Fib and 200 Day MA at $320

We can see there is a higher low and higher high in now too so the upwards trend is confirmed.

I would expect a move into Subwave 3 now so I have added in the 1.618 Fib level for this at $357 and the Subwave 5 level at the 2.618 Fib at $386.

The 50 Day MA is also moving to the Subwave 3 targ...

$X - WATCHLIST -

$X is flirting with a technical breakout here at $41, bullish wedge has formed and the price continues to knock on the breakout level at $41 now.

We can also see that there is a golden cross between the 50 and 200 Day MA's too.

A break and hold above $41 and the First Target comes into play at $57 and the higher Second Target is at $78 later down the line.

$TSLA TOP 20

Strong reversal indications now for $TSLA from its RSI and MACD and the share price has now jumped from $215 to $278 now after testing the 0.78 Fib support level.

Price is now back above the 200 WMA and now moving towards the 200 Day MA at $285.

Holding above both of these MA's is a bullish signal to the market that buyers are stepping in.

Again we are seeing another strong co...

$HIMS

$HIMS had a great day yesterday, price broke away from the 50 MA on the 1hr chart after finding support on this MA late last week, made a higher high yesterday and then proceeded straight up to the 50 Day MA at $38, which is also the large 0.5 Fib.

All of this is good to see and showing strong signs of a recovery now.

Big test coming up will be flipping the 50 Day MA and the 0.5 Fib...

$SOFI - WATCHLIST -

This was my message in the Buy and Sell chat group 5 days ago:

'A reminder that I have added $SOFI on this pull back, I am not adding again right now because I am happy with my position but if you have not added, I consider this a good entry level'

Price has jumped from $11 to $13.72 now since then and showing a very strong set up to move higher.

We also climbed back...

$ACHR

Very strong bounce now since finding support on the standard 0.618 Fib at $6.54

How many times have we seen this lately where the 0.618 Fib has held support and the share price bounces with a strong recovery.

Price is now back above the 50 Day MA too and is approaching the blue resistance/support line.

A flip of this level to support and I believe we can make a higher high nex...

$NVDA

If $NVDA moves, the market moves.

Up +3% now and has bounced nicely on the 0.618 Fib at $114

Price is also back into the ascending triangle and something we have been watching for over the last 2 weeks.

A higher high next above $122.84 and we are looking at a move up to the 200 Day MA at $128 next.

$SG - WATCHLIST -

$SG has jumped +22% since I first brought this to your attention after holding support on the 0.618 Fib at $20, after completing a 3 wave pull back and forming a Cup and Handle formation

I like how a higher high and higher low has been formed and climbing to the 0.5 FIB at $25.

Next test will be the 50 Day MA just slightly above and then the 200 Day MA at $32, flipping both of these...

$PLTR TOP 20

Moving very well towards the amber range between $100 and $105.

I think this will start to gain more traction again on line but I would be cautious of this being a trap, where smart money will start to offload their positions

Smart money will likely not appreciate the strong drop from $125 to $74 in 1 month, showing how vulnerable the structure is and will like that they will be abl...

$VFC - RC -

Difficult few years for $VFC but there is certainly signs of a reversal here, in line with when they started to beat on earnings again.

However, they need to hold for a higher low here next in order to show the start of a new impulse wave.

I have added the 0.78 and 0.887 Fib levels, which are the last 2 fib support levels, so a hold on one of these will be needed in order to move hi...

$ENSG - RC -

Wave 5 ran very close its its 2.618 Fib which is typically the standard level a Wave 5 runs to
So holders here should be cautious for a breakdown out of the upward channel.

If the channel bottom line is lost between $110 - $120 then I would expect this pull back to be Wave A and will seek to find support on the 0.38 Fib at $100 before bouncing for Wave B.

A hold on the channel li...

$ASTS - WATCHLIST -

As long as $ASTS holds above the blue support line at $25, or at the very latest above the 200 Day MA at $23, then I believe the price action can move higher for Wave 3 as we have projected for some time now.

From $25 to $77 in 2026 is possible.