The Long Investor

$DIS TOP 20

$DIS continues to work its way through our Wave C projection and we also have a test and resistance here at the 50 Day MA, a lower low next then confirms the rejection and I expect a move down to test the 0.38 Fib at $106, typically a pull back in 3 waves drops lower than the Wave A support, so we would expect the 0.5 Fib to be tested then at $102, where the 200 Day MA is closely too.

Hol...

$SHOP TOP 20

$SHOP has pulled back this week with the market and so far following an rising wedge, we can see that the 50 Day MA has aligned with the rising wedge bottom line too at $113, so this is an important level for the bulls to hold onto this week.

$SHOP has been highly correlated with $AMZN, so a decline by $AMZN this week likely induced a similar reaction with $SHOP.

All being said, if ...

$MSFT TOP 20

$MSFT also continues to hold on the Fib level at $408 but this set up still concerns me and a drop down after losing the 50 WMA continues to look like the natural direction next

I was however surprised that $MSFT got very little traction when they announced their Quantum Computing capabilities this week, we saw how strong $GOOG responded to their own announcement.

Unless the market ...

$V TOP 20

$V continues to offer little concern here for its chart and the market and has not started its Wave 4 pull back yet, quite clearly this is looking extended now and the price is considerably above its 50 and 200 Day MA's but this is to be expected in an aggressive Wave 3 approaching the 1.618 Fib at $366.

I would not consider a position here leading up to this target but it will be interes...

$TSLA TOP 20

$TSLA has been testing the 0.38 Fib for the last week at $355 and we can see that there is clear resistance and the only thing stopping me calling this a rejection is that I have not seen a lower low yet.

So if this is confirmed this week then I believe this will comfortably move down to the 0.5 Fib at $314 next.

Losing the $314 level and the 200 Day MA at $274 can save the price ac...

$PYPL TOP 20

$PYPL finished the week on the 200 Day MA at the 0.5 Fib at $75, my commentary has not changed and I believe there is a bounce here next

Either for Wave B or to complete Wave 5.

I continue to like the Risk V Reward set up here too, which is why I add again recently and will be open to adding again once support is confirmed and we see signs of a reversal

$PYPL also have their i...

$NKE TOP 20 & TOP 10

Sharing the weekly chart again here because I believe it offers the most significance in terms of price targets here

We can see that the 50 WMA aligns with the top of the Buy Zone, at the blue line at $82

And the 200 WMA is at $113, showing how undervalued technically $NKE is right now.

I believe $NKE in the Buy Zone should be respected and after descending in this wedge for a...

$BTC TOP 20

There has been a number of tests of the 50 Day MA lately and a run up to the psychological level at $100k but the price action has not been able to flip this level to support yet, likewise the US Market has not been able to flip $610 to support yet either, remember they have been in sync for the last few years and I do not expect that to change.

Bulls and Bears are still battling here and...

$BABA TOP 20 & TOP 10

The very bullish scenario here is a complete run to the 1.618 Fib this week at $163 and this would be one of the most aggressive Wave 3's of any Mega Cap I have seen since $META and $NVDA in 2023.

The consolidation was long so the breakout is aggressive, so we'll tolerate it

But I would have no issue seeing a pull back this week and I have added the Buy Zone now, sitting on the 200 ...

$AMZN TOP 20

$AMZN has been a surprise here with a flush down on Friday, losing the green support level and 50 Day MA now, we saw this flush down happen in August too and the RSI sank down to below 30....this was a signal for us to add and we did at $160 and the price recovered immediately and ran then for 6 months.

I will be giving the price action time this week to try and recover the green support ...

$AMD TOP 20

$AMD has tested the $115 price at the 200 WMA and the 0.65 Fib a number of times now and still no breakthrough yet above this important confluence level....this is likely not a surprise until $NVDA reports this week too.

I believe a strong $NVDA report will rejuvenate the Semi Sector and send this higher.

RSI on the WEEKLY chart is now at 30 too, so this is not where we would expect...

$ABNB TOP 20

Getting the post earnings pull back now and our green fib support levels are coming into play now too.

I have moved the Buy Zone up to the fib range between the 0.618 - 0.78 Fib, where the 50 and 200 Day MA's are in between now.

This is also on the outside of the bullish channel now too.

So a hold in the Buy Zone between $133 - $140 and I believe this is a low risk entry to ca...

$AAPL TOP 20

This week ahead will be dominated by $NVDA's earnings release on Weds, I believe most movements on Monday and Tuesday will be immaterial until this report is out....so I will be leaning on the side of inaction and not reacting to any intraday movements by market makers to influence weak holders.

$AAPL is comfortably in a bullish position, above the blue line, in the bull case, above the 5...

EARNINGS THIS WEEK AHEAD

$HIMS AH on Monday

$NVDA AH on Wednesday

Is popcorn time

$SPY TOP 20 TWEET

TWEET: $610 is an important level to break above but we have been watching this resistance level for the last year and we knew it would not be easy

$NVDA beating next week could help flip $610 to support and this could melt up in the short term....but ultimately the Cycle Wave 2 pull back is next.

Which could last at least 18 months.

US 10 YR

I really like what I see here leading into next week too.

A very clear rejection at the amber fib levels and then again today, a rejection at the 50 Day MA....this is what we spoke about in the last update and this is what we wanted to see, this will also help the market melt up

This is also an indication to us that the pull back today is an opportunity and not the start of a correc...

$ASTS - WATCHLIST -

Market is starting to fade now as the week comes to end and I believe it is offering some opportunities as we lead into next week.

$ASTS has also consolidated sideways and could very easily pull back to our support levels in early trading next week.

Ideally we want to see a pull back to the blue line at $25.26, which is also the 0.5 Fib too, a hold here and we have a buy signal to c...

$IWM

I have a habit of uploading the $IWM every Friday evening because it is not in our Top 20 or Top 10 list but many people are still interested to see how the small caps are behaving.

We can see that the 50 Day MA has been the resistance issue here since the start of the year.

We also have a retest of the 0.618 Fib level today at $220.

Price can still test the 200 Day MA at $218...

$NVDA

$NVDA continues to test the $141 level today as we lead into earnings next week, as long as $NVDA can convert the $141 to support next week post earnings then I would have very little concern with the market melting up.

I will cover the market etfs at the weekend as normal so we are prepared for next week but I am not seeing anything right now that would worry me, or seeing any support l...

$GRAB

Nice bounce now post earnings and the chart is still giving no concerns and retested the First Target and bounced +7% at the opening.

Holders here should continue to be comfortable and consider adding if the price stays above the 50 Day MA at $5

$COIN

If you are bullish crypto then you should be bullish $COIN.

Price has pulled back but managing to hold on the 0.78 Fib support level so far, price is now retesting the 0.618 Fib at $267 now in the PM.

A break above this level and $COIN could follow $BTC higher and flip this level to support.

Above the 50 Day MA at $280 and I believe this can run to my PT at $369

$HIMS

Right folks, we are being presented with an amazing opportunity now, a 3 wave pull back to our Wave 4 level at the 0.38 Fib AND in time before they report their earnings on Monday after the close.

The market is doing its best to get this down to the $50 level, whether it makes it all the way down there today or on Monday is something we need to watch but right now, our plan is being execu...

$XYZ - EARNINGS RELEASED YESTERDAY -

$XYZ had a double miss and the share price is down -8.5% in the PM now, the impulse wave is still in place and continues to look good but they have likely delayed their recovery now and this may drift down until the next earnings date

The white fib levels align very well with the 200 Day MA for this pull back too, as we can see that the PM movement is just at the 200 Day MA in between the...

$OKLO

$OKLO is still attempting to convert the 0.38 Fib at $43 to support, we also do have a 3 wave pull back here too so the set up is there

So the one variable in the way is their earnings report and their date has not been announced yet and it is expected next week.

Until this is reported, I suspect the price will continue to negotiate with the 0.38 Fib....but the bullish set up is the...

$LYFT

No changes to the $LYFT chart, price is in the wedge and holding above the 0.618 Fib level now at $12.80, breaking above the 50 and 200 Day MA next at $14 and bulls should feel comfortable about breaking above the wedge and running to the blue line at $20.78, once the price can hold on the outside of the wedge

I believe that $LYFT is in a strong position to be acquired by a number of Mega...

HSI

There is a lot of praise towards $BABA jumping +80% YTD but for me the HSI guided us, this charts movements were nothing but text book, this really helped us to add with conviction to $BABA.

And we can see how heavily correlated the HSI and $BABA charts are too.

Except the HSI had the perfect pull back to the strong confluence level at the 0.618 Fib and 200 Day MA in Jan.

Lik...

$OSCR TOP 10

Continues to knock at the wedge top line at $16.60 and in spite of the strong open on Tuesday, the price action has maintained its strength all week

I suspect institutions have already started to consider this and have starter position now

This has definitely got the attention of the X community too.

This is the 1 hr chart, so we can not see the 200 Day MA at $17.32, but this ...

$NIO TOP 20

$NIO is holding support and still fighting to get back above the 50 Day MA and the important $4.50 line

We can also see that the price is moving to the channel resistance yellow line, which has been in place since 2022.

So a breakout above this level and holding is a significant trend change.

Levels we then want to see flipped to support are:

$5.32
$7
and $9.56

$CELH

$CELH reported yesterday and the headline is their acquisition of Alani Nutrition, which is likely the cause of the delayed announcement of their earnings date, followed by the very short notice on Tuesday about reporting on Thursday.

We knew it would be interesting and it was, up +31% in the PM now.

They needed to do something and acquiring to grow is something I do like to see. 2025-02-21 10:59:06 +0000 UTC View Post

$VSCO

$VSCO can not be in Wave 4 as the pullback so far would have infringed upon the top of Wave 1 in Feb of 2024, so we must rule out the possibility of it being a Wave 4

That being said, we have a 3 wave pull back now and the price is moving to the very strong confluence level where the 0.618 Fib and the 200 Day MA meet at $28.12, a hold here and I would expect a bounce or reversal.

Th...