The Long Investor

$ACHR

Textbook move by $ACHR, in spite of some wild swings in Wave 3, the trend was clear and the 1.618 Fib was hit at $12 and the pull back may have started already.

As always the 0.38 Fib is the target which is at $8.81 now

We can also see that the 50 Day MA is moving quickly up to the 0.5 Fib too at $7.67

So price action and the MA could meet in between the two white fibs levels ...

$HIMS

it is clear I am a $HIMS bull but I will always call it as I see it and even if that means making the difficult calls and I am not shy of saying it on any stock

But that being said, the weakness today has reassured me on two fronts:

The blue support line held today and I am seeing a very clear Inverse Head and Shoulders pattern now.

The blue line can still hold and bounce from...

$OKLO - WATCHLIST -

How many times have we seen this over the years, strong aggressive breakout followed by a pull back exactly to the breakout level again, in this case at $25.

This pattern repeats itself and is found everywhere, the market loves giving you a second chance because humans always want more of a good thing.

This breakout level also aligns nicely with the 0.5 Fib too and the 0.618 Fib is ...

$CELH

Continues to hold relative strength this week and continues to curve around the bottom here above $26.30

The resistance level continues to be the 50 Day MA at $28.50, so this is keeping the price down and the difficult market this week.....but a positive earnings season and a break above the 50 Day MA and this can reverse comfortably.

$SPY TOP 20

I think a lot of people are in the loop here but it is important to share that the 50 Day MA is becoming problematic so far for the $SPY

So far we have a rejection trying to stay above the 50 Day MA but we don't have a rejection underneath the $SPY just yet...a lower low below $580 next should have us concerned and the 200 Day MA at $556 then comes into play.

The 50 Day MA is a very...

$RLX - WATCHLIST -

This is the first time I have added in the impulse count on this chart because I was only working on traditional technicals to this point because it was been clear and simple.

But I was not expecting it to be this clean but not surprised as always with EWT.

Wave 3 hit the 1.618 Fib perfectly and pulled back and the 2.618 Fib aligns perfectly at our First Target level for Wave 5.

$OSCR

$OSCR up +4% while the market is hurting across all sectors is a big statement.

We can see that there is a test of the 50 Day MA now today, just below the 0.38 Fib and a member has made a good point, imagine what would have been if the market was positive and I think that's a fair point.

The plan remains in place, above the 50 Day MA and the next test for me will be the 200 Day MA a...

$SOFI

$SOFI is testing its 50 Day MA now at $14.50 and bulls would like this not to hold and come down to the standard Wave 4 support level on the 0.38 Fib and hold support there at $13 before going higher to complete Wave 5

So there are no changes here and this pull back is part of our projection, and should be considered as an opportunity once $13 is held.

$AMZN TOP 20

In spite of the mixed 2 days, $AMZN is not showing concerns and is simply retesting the wedge breakout level

$220 we know is the important support level and we have been monitoring it for nearly a month now. $220 is the equivalent of $140 for $NVDA, so once both levels hold and make it to their earnings reports then all is to play for me and I am certainly not making adjustments to my pos...

$ETH

Crypto has pulled back aggressively and there is no denying that, what's also evident is that there is a clear rejection for $ETH at the yellow resistance line and it stopped out exactly at $3700, a level we have been watching since the bounce in Mid Dec.

That being said, a lower low has not been made yet and we are just back to the 0.78 Fib support level again for a test of support.

US 10 YR

I continue to be concerned about the US 10 YR, higher highs and higher lows are observed, the market would very much appreciate a pull back here, to at least retest the wedge breakout level at 4.4% where the 50 Day MA is waiting at now too...this may be enough to allow the market to go higher for one last rally.

The US 10 YR above +5% and the $DXY above 114 is is a strong red flag for th...

$PLTR TOP 20

I am seeing a number of people thinking that this pull back now is Wave 4, so as I have done with $MSTR, I am sharing both possibilities.

For every Wave 4, the standard pull back level is the 0.38 Fib and in this case it is at $57.64

The 50 Day MA is in between the 0.236 - 0.38 Green Fib levels too, so this is also an area of interest.

For me, my opinion remains the same and a...

$AMD TOP 20

Something I have said for years is that the market loves giving you a second chance.

Just as we saw $NVDA pulling back to the $140/$141 level yesterday and holding, and being up +1% in the PM now....we can see that $AMD has pulled back exactly to the 0.618 Fib now this morning, almost to the cent.

The 50 MA on the 1hr chart is here too.

Today and for the rest of the week, bull...

$BTC TOP 20

$DXY and US 10 YR increasing, coupled with JOLT data being strong and Trumps comments caused the market and crypto to react badly yesterday.

Strong pull back but so far just to test important levels

For now, there is a test of a higher low again on the 2.618 Fib level, which we can see is also the 0.618 Fib level for a small pull back.

Right now there is no concern, a lower l...

$IWM

I am not seeing any concerns here on the Small Caps chart, price is holding comfortably above the 0.5 Fib and in between the 50 and 200 Day MA, bulls would like to see the 50 Day MA get converted to support at $229 and then there is a clean route back up to the blue line again at $245

RSI is showing a positive move to the upside and MACD is more bullish with a clear reversal signal and po...

$SHOP TOP 20

Head and shoulders pattern formed here too, very similar to $PLTR, we also have a rejection at 200 MA on the 1hr chart too.

So I expect a lower low next below $105 and this should help the price action to drop down into the wedge again and aim for our Buy Zone, where we will be waiting to take advantage.

$KO TOP 10 - WATCHLIST -

$KO has come within $0.40c of the 200 WMA today, I think many members would consider DCA'ing into $KO from this point and take advantage if the price did drop lower.

If $KO drops below the 200 WMA, I do not think it will spend too much time below this MA and it should be taken advantage of for 2025.

So please have this on your watchlist
RSI on the daily is at 26

RSI on the ...

$TSLA TOP 20

I am happy with this rejection at $414, something we spoke about at the weekends update too.

Price has already fallen to $391 today too and a clear rejection below $414, the 50 MA and the 200 MA on the 1hr chart too.

The plan remains the same here, let's wait for support to come before considering a position.

The 0.38 Fib is the perfect pull back level to hold for Wave 4, as s...

$OXY

A lot of our Top 10 charts are green now while the overall market is red, this goes for a lot of the safe havens we follow too.

$OXY is also green and continues its strong bounce from $45 and now at $51.

Price is also above the 50 Day MA now and the 0.5 Fib and moving back up to the wedge bottom line at $54.

Back above this line is a big win for the bulls, as this was a suppor...

$AMD TOP 20

Looking very strong here in an impulse wave, $131 for me is the big hurdle to flip to support next and members should consider adding again.

No changes others.

$TMDX

The 200 WMA remains the cheat code for the market and again evident here.

Price tested the 200 WMA for 5 weeks and then bounced from $64 to $80 today.

In the last update I highlighted the significance of the 200 WMA as potential support here.

Only one bounce (Wave) here so far, so the key as always next will be to wait for a higher low next and when the bounce slows down, we c...

$JASMY - WATCHLIST -

Higher high was made yesterday and the price is just sitting on the 0.5 Fib now

Also above the 50 Day MA and the 200 Day MA, moving in an impulse manner, after completing a 3 wave pull back.

We can not ask for any more here.

MACD is also showing a bullish indication too, where buyers are starting to step in, $0.083 is certainly a realistic expectation in this current setup abo...

$UUUU - WATCHLIST -

And if you have missed the $OKLO gains, $UUUU looks equally ready to breakout next and have a strong move to the upside.

Price has pulled back and held above the 0.618 Fib now and just at the 200 Day MA at $5.90 now.

A break above this level and the 50 Day MA at $6.50 and I believe the bulls can break out of the wedge and go to the top blue line at $11.41.

Nearly another +100...

$OKLO

Very little to say here except I am very happy I caught this for the group when Nuclear energy got spoken heavily about by the new Trump admin and we identified the support level at $17-$18 and the price is already above the First Target now and looks set to hit the Second Target at $35-$36 next for a 100% gain.

$PLTR TOP 20

Very clear rejection at the 50 MA on the 1hr chart after a bounce from Friday which looked like exit liquidity for me.

Price is down in the PM now and a test of the 200 MA on the 1hr chart next at $73 is possible.

Bulls haven't lost it yet while the price is above $73 in my honest opinion.

But if $73 is lost then the next test will be the 50 Day MA on the DAILY chart which is ...

$MU

I am watching to see if the ABC correction is complete now, price did make a lower low in December but Wave C has been short....but it is likely we are seeing a triple bottom here instead.

Price has already bounced from $84 to $102 now this year and is moving with the positive sentiment in this Semi sector.

A break out of the channel next will also mean a break above the 200 Day MA ...

$AUR - RC -

I shared this chart in Sept 2023 and the price was at $3.74 that day and moving in a clear Cup and Handle formation, fast forward 16 months later and the price is at $8.36 today and continues to be glued to the projection and still some considerable distance to go to $14.24 at the blue line.

Price is up +29% in the PM now and about to make a higher high too after striking a deal with $NVD...

$BLDE

We are close to making a higher high here next above $5.17 and this should allow the price action to break higher above the 1.618 Fib at $5.24 and ultimately to the First Target then at $6.23 next.

So far this setup has been textbook, ascending triangle breakout, followed by a retest to the 50 Day MA and the 0.618 Fib and bouncing again.
I am happy with my position and will let the pri...

$LVMHF - TOP 10 -

$ASML got a lot of attention yesterday from our Top 10 list and finished the day up +7.5% but $LVMHF had an equally strong day, as it flushed down at the opening to the 0.618 Fib and bounced strong to finish the day up +4%.

The price action also finished the day above the 50 Day MA too.

A number of analysts have $LVMHF as one of their top picks for 2025, so making a higher low on th...

$NVDA

Higher high now achieved in the PM and $NVDA continues to look very strong here and on course to hit $160 with this momentum behind it.

The possibility of a retest of the $141 seems unlikely now but a higher low is always welcomed to strength the structure in order to move higher.

Bulls will then want to see the First Target converted to support too....if this can happen, then the n...