The Long Investor

$DELL - WATCHLIST -

$DELL is starting to look attractive here again

They report their earnings on the 27th of Feb and the price action is testing the descending wedge top line now at $110 which is also the 0.618 Fib from below

A break and hold above $110 and I believe the next move will be up to the 200 Day MA at $122.

Clearing the $122 level and we can confirm Wave 3 which is always aimed at the...

$RLX

A very clear bounce now on the 1.618 Fib at $2.32 and I believe we are comfortably in Wave 5 now

We are up now +36% since we started buying here so I am to enjoying these gains over 2 months.

I believe the next resistance will be at the First Target and the 2.618 Fib at $2.77

If there is another opportunity to add on the 1.618 Fib at $2.32....this will be another Buy Signal. 2025-02-10 15:23:49 +0000 UTC View Post

$MBLY

I brought this to your attention at the end of last week to say that it was holding support above the 0.618 Fib and yellow support line and today it has opened up +18% and has run to the 200 Day MA at $19.

Yes the initial move may be gone now if there is no retest of the 50 Day MA at $17.70 but there is an entry holding above the 200 Day MA at $19 to catch the rest of Wave 3 to $34

...

$NVDA

Price has continued its move this morning from $113 up to $134 now, holding perfectly on the 0.618 Fib and the yellow support level

Price is now testing the 50 Day MA at $134 now too.

I suspect some resistance will be met here but momentum could carry this higher and eventually move up to the important green line at $141, which we have been waiting for

Flipping the green line ...

$IQ

There has been a clear breakout and reversal here from this descending triangle and the price has used the 50 Day MA as support over the last few weeks and looks to be moving higher next.

I believe we are still in a potential Wave 1, with the 200 Day MA the target at $3 next before needing a pull back to complete Wave 2.

A break above $4 over the next few weeks/months and there is a...

$X

I am bringing this back to your attention because of the Tariffs between China and the US announced this weekend and the rumour that Nippon are considering another approach towards $X.

Price has already broken above the larger wedge and now testing the smaller wedge too at $41 last week.

Price is also above the 50 and 200 Day MA and in Wave 3 of an impulse wave

The entry level...

$BIDU - WATCHLIST -

Price is back up above the 200 Day now in the PM but we still have not made a new high yet

The Wave 2 was short but there is a lot of momentum behind Chinese ADRs right now and the HSI is steaming ahead.

So this is perfectly normal to see $BIDU want to recapture its 200 Day MA from here.

You are also not late here either, the low risk entry is holding above the 200 Day MA now ...

$ASTS

Popping in the PM now but there has not been a retest of the blue line yet and the pull back has been very shallow so far too.

Price did pull down to $25.90 on Friday, so there is nothing in the rule book to say that a retets of the blue line needs to come or the breakout level of the wedge at $24.

But if we do get a retest of these levels then and there is a hold, then we have a ve...

$HIMS

Up +4% in the PM now after a successful Super Bowl ad launch last night and looking at some graphs, a lot of traffic was directed to their site after this launch.

We can see that the 2.618 Fib at $45 is again tested today and see that this level was tested last week too.

I trimmed -15% last week of my holdings and I am likely finished trimming now, momentum and catalysts are still t...

HSI

A split look at this chart and you would believe it is the $BABA chart but the HSI and $BABA chart are almost in sync.

The big difference is that the HSI is already above its 200 WMA comfortably and $BABA has only broken above its own in the PM this morning.

The blue line on this HSI chart is also very similar to the $120 blue line on the $BABA chart, which we know is the 2 year ran...

THE LIT SUNDAY NEWS

Trump’s Policies Could Undermine U.S. Bond Market Stability

Market Response to Trump’s Actions

• Investors initially shrugged off Trump’s tariff threats, despite short-term stock market volatility and a stronger dollar.

• <...
  2025-02-09 19:53:02 +0000 UTC View Post

$SPY TOP 20

$SPY is in a bullish ascending triangle set up right now, with the Top Line at $610, as I said under the $QQQ chart, we could see some sideways movement for the next 2 weeks until CPI is released and $NVDA report in 2 weeks time, which would align with keeping the price action in this ascending triangle....but as many of you know, the ascending triangle is one of my favourite bullish set ups, s...

$QQQ TOP 20

Both the $QQQ and $SPY remain in positive bullish setups, with the $QQQ in a triangle and the $SPY in ascending triangle, which is slightly more bullish.

Nevertheless the price remains above the 50 and 200 Day MA here, moving sideways as it weathers the earnings turbulence and taking in the information that the earnings has been quite strong, capex has remained high and this will likely b...

$V TOP 20

$V must be in the running for the most beautiful and straight forward chart over the last 5 years.

Wave 1 and 2 were textbook

Wave 3 looks locked into the 1.618 fib at $366

Wave 4 is next and could create another incredible opportunity before moving higher for Wave 5 at $411.

$TSLA TOP 20

This could be a very interesting week for $TSLA, price continues to make a lower low as reports circulated this week that demand for $TSLA cars have been declining quite heavily in Europe across almost all countries.

It wasn't pleasant reading for those that like $TSLA right now.

That being said, there is still a lot to be hopeful with $TSLA over the next 3-5 years, particularly how...

$SHOP TOP 20

$SHOP reports before the market opens on Tuesday and I think it's going to be an important earnings.

$SHOP is heavily linked to $AMZN's performance so the one variable here is that they too may have a FX impact during this current Q1 quarter

Ideally they do have this one off issue and the share price pulls back and goes below $94, so we can add again.

No concerns from their re...

$SE TOP 20

$SE is not expected to report their earnings until the start of March, with its current set up, making higher highs and higher lows and currently in Wave 5, I see very little in the way of this moving higher in this channel and moving up to $136 next

With the 3.618 extended Fib at $145 too.

There is very little showing here in terms of looking like breaking down either and comfortab...

$PYPL TOP 20

$PYPL continues to struggle to find support here and I think a test of the $75 level is next now, where the 200 Day MA is moving up to

I would expect a relief bounce on this level too, at the very least for Wave B or a potential Wave 5.

A bounce followed by a rejection at the 50 Day MA or the 1.618 Fib at $90 and I believe this pulls back again to complete Wave C.

$NKE TOP 20 & TOP 10

$NKE got a neutral downgrade from Citi on Friday and the share price dropped to $68 and a new lower low.

Price is now only $4's away from its 200 Monthly MA, something I highlighted as an incredible opportunity in July.

The price is low now and it has been beaten heavily, and down close to its Covid low too, there is no denying how bad it has been for $NKE.

Also remarkable is ...

$MSFT TOP 20

$MSFT is back to the 0.38 Fib Support level again this week at $408, a level that has been in place for 12 months now

The best case for the market now is that this price action continues to move sideways and allow the market to move higher and complete Wave 5 and then drop down to complete Wave C here.

We can also see that the 200 WMA is moving up nicely to the Buy Zone and 0.5 Fib...

$GOOG TOP 20

$GOOG had a rough Friday, having tested the $193 level exactly during the sesion and then pulled back rapidly and down to $185....price managed to hold the channel support line to finish the session but it was a blow to the bulls who wanted to see the $193 level flipped back to support.

So there is still some risk here in this set up and below the 50 Day MA but a good start to the week an...

$DIS TOP 20

$DIS failed to make a higher high on the 5th of Feb post earnings and has since fallen down sharply.

A retest of the 0.38 Fib again at $106 is likely a sign that this can drop down further which should bring the price action down further to our Wave C level at the 200 Day MA at $102.

This is not a buy for me until there is a lower PT tested.

$BTC TOP 20

There has been a bit of a stalemate approach towards $BTC by many lately, but the chart is not showing concerns right now.

Being below the psychological level of $100k makes many people drop their heads

So what do we always do when we get concerned?

We revert back to the chart to see if support has been held.

Right now there is a clear retest of the 2.618 Fib at $95k, wh...

$BABA - TOP 20 & TOP 10 -

A lot of people are getting excited about $BABA this week and rightly so.

We can see that there has been a clear test at the 200 WMA again this week at $107 and finished the week before this level

Ideally if we get another higher low pull back to between $93 and $90, then those who did not accumulate in the Buy Zone under $87 could add again

I would also be interested in addin...

$AMZN TOP 20

Still looking for support since reporting its earnings after the close on Thursday, overall the report was very strong but there was one blemish on their Q1 outlook due to wild swings in FX due to trade tariffs.....this is a short term issue and presenting an opportunity

We can also see clearly on the chart what this opportunity is:

A retest of the 50 Day MA aligning with the 0.618 ...

$AMD TOP 20

$AMD continues to be the chart that everyone is talking about

• Yes their chips are not as good as $NVDA

• Yes the Mega Caps would prefer to buy $NVDA chips

• But the market is large for chips right now and $AMD do provide an alternative if supply slows down and an alternative for companies outside of the Mega Caps

• Capex spending has forecast...

  2025-02-09 17:41:10 +0000 UTC View Post

$AAPL TOP 20

$AAPL has not lost its structure but below the $237 level is likely not comfortable for holders and it does put the structure at risk, especially if there is a flush down to the 200 Day MA which is also at the triangle bottom line.

If you are considering a position here then wait until $237 is recaptured because there is still a risk here that the 200 Day MA can not hold, which is happeni...

$LYFT - WATCHLIST -

Very nice hold of support on the 0.618 Fib at $12.80, which held since the end of December.

Price is now back above the 50 and 200 Day MA and we can see that this has been a 3 wave pull back too

So a higher high next above $14.90 and there is very little resistance above up until $19 and even beyond to the first blue line at $20.78.

The Bull Case is then above $21.50

$IWM

$IWM is still being held down by the 50 Day MA and there has been moments where it has broken above this MA but we can see clearly that it is a resistance level.

Price has already pulled back to the 0.618 fib at $220 and there have been higher lows since then, so I believe the market is waiting for the right moment to send this higher

Once the 50 Day MA is flipped to support then I ...

$ABNB TOP 20

$ABNB has given us a breakout today and jumped all the way to $139 before pulling back to the breakout level now at $135.

So if $ABNB can continue to hold above this level then it is in a good position now to reverse and move higher

The one variable now is that they have their earnings on Thursday after the market closes and they have missed on their last two earnings....but the cha...