The Long Investor

$ACHR

Wave 3 target is locked in here at the 1.618 Fib level as standard.

It was shown enormous strength since its breakout out of the channel and retesting the subwave 4 level on the 0.38 Fib at $7

I expect resistance at $12.25 and then a pull back for Wave 4 before going higher, ultimately to as high as $18.

$PSO

Up +5% in the PM now and this is a clean bounce on the First Target and moving towards the Wave 3 level now at the Second Target at $18.70.

Very nice chart here and it has not changed since I shared this at the start of the year.

Once the price broke above $13, retested the breakout level, it moved higher as expected to the First Target with ease.

Textbook here so far and we ...

$BTC TOP 20

Price action is just above the 50 Day MA now at $95k and by a whisker just below the 2.618 Fib and also the channel trend line.

We know how important the 50 Day MA is for a trend and so far it has been tested 4 times now and it has not been lost, bulls are stepping in but they must continue

Higher lows are still being observed too.

As long as the 50 Day MA is held then $BTC ca...

$ETH

$ETH is now retesting the White 0.38 Fib at $3343 and the smaller green 0.618 Fib level which are at the same level right now in this pull back.

The 200 MA on the 1hr chart is offering resistance since the 24th, so we will see how $ETH holds on this confluence level now.

If $ETH can continue to hold above this level then it should be able to make another attempt at breaking above th...

$OSCR - 2024 XMAS GIFT -

$OSCR YOUR 2024 CHRISTMAS GIFT

All we need to see is a hold between $12.86 and $10.30 and Wave 2 is complete, so you are still early and Wave 3 is next.

And here's why it is our choice:

Technicals: - 200 WMA is at $11.75 (undervalued)

- Cup and Hand...

$SOLUSD

Solana is looking verrry good right now

Pulled back to the 0.618 Fib which was steep but valid on Fridaty but it was also the wedge top line perfectly too at $175, so it was a straight forward retest of a strong breakout level from above.

Price has already jumped to $196 and Wave 5 is still valid at $318, which would bring this up to the 3.618 Fib.

If $SOLUSD can achieve this,...

$SPY TOP 20

First hurdle is comfortably cleared now by bouncing strong above the 50 Day MA and up to test the rising wedge bottom line from below today at $599.

$600 is an important psychological level, so flipping this level to support and the bulls would be optimistic that they could send this higher to our $631 Wave 5 Melt Up target.

There is a clear sign that the bulls have stepped in now s...

$JASMY

Very very nice set up here and already up +8.5% today.

ABC pull back came down to the blue support line and bounced immediately, small pull back down to the 0.618 Fib then and held perfectly and now bouncing and above the 50 and 200 MA on the 1 chart.....next test is the green line again at $0.044, as those the last 9 days never happened.

$DDOG - WATCHLIST -

Very nice here from $DDOG, rejected cleanly at the 1.618 Fib for Wave 3, pulled back in 3 waves to the 0.38 Fib and looking like support is starting to be confirmed here as we have a higher low so far.

As long as $DDOG continues to hold above the 0.38 Fib at $142, Wave 5 is next at $200

The 50 Day MA is also moving higher to reinforce the 0.38 Fib support level.

$TSLA TOP 20

$TSLA testing the 1.618 Fib level at $453 from below now, this is the level I'd like to see the price reject at and move down to complete Wave 4 as shown to $354.

This Wave 3 is certainly parabolic and happened very quickly but most importantly the 1.618 Fib was respected, a pull back to $354 would encourage more buyers to push this higher for Wave 5 to $650

$MSTR

$MSTR is still holding above the blue support line, the 50 Day MA and the 0.5 Fib...very similar set up to $HIMS too but we can see that $HIMS is slightly ahead as it has already started to move higher.
$MSTR needs to hold the $322 level to keep the Wave 5 prospects in alive....otherwise the red fib levels come into play with the $0.618 Fib at $212 being the main target.

$PLTR TOP 20

$84 has not been tested.

This price was found by using the breadth of the Cup and Handle formation and added to the breakout level at $45.

This is a purely a technical level and has nothing to do with fundamentals which aligns with $PLTR astronomical move.

The 0.618 Fib aligns with the 200 Day MA now if $84 is the top....the 0.5 Fib also aligns with the $45 blue line...very co...

$AAL - WATCHLIST -

Ask and you shall receive.

We have been patiently waiting for a pull back here since breaking out at the start of December and the grounding of all $AAL flights by the FAA today due to a 'technical difficulty' is likely going to be that catalyst to bring the price down to the levels we have been waiting for

The wedge breakout level cuts between the 0.38 Fib and 0.5 Fib between $14.6...

$PEP - SAFE HAVEN -

One month later since I last uploaded this and we got the flush down this week and went as low at $149, which is just at the 0.5 Fib now

The risk here is that the price could still drop down to the 0.618 Fib at $137 but a hold here above $149 and the ABC correction is complete and on time before the market corrects.

I believe $PEP and $KO will perform comfortably during a correction...

$BTC TOP 20

Still holding above the 50 Day MA here and with the second test yesterday and holding, it is a higher low....the battle is not over yet but holding above the 50 Day MA while the market continues to show a recovery is a good sign.

Plan remains the same, price needs to start flipping levels to support next if Wave 5 to $109K is back in play but I would not be giving up on this or the crypto...

HSI

Lets not forget how perfectly the HSI has moved.....in spite of everything!!
We have the price action holding support on the 0.618 Fib 4 times since August

August 5th

September 12th

November 28th and

December 19th

The HSI respects one of the most important Fib levels that every TA should use.

Price also finished above the 50 Day MA today too....if the HSI ...

$BABA TOP 20

This is what I like to see....the dust is settling after the Economic Conference and $BABA is slowly moving under the radar but bulls are stepping in nicely

First converting the 200 Day MA to support and now in the PM the price is testing the 0.618 Fib at $86.

Converting $86 or the blue line at $87 to support and $BABA is in a very good set up....and I'll share the HSI next which co...

$HIMS

I want to start being very excited about this set up but this is $HIMS and it makes you work very hard....but we are ok with that, as long as it continues to follow this set up.

We knew the battle ground was going to be at $25.41, as it was in early November and after it flushed down to $19, we needed the bulls to get back to this level, so it is not surprise to see the action again here ...

$NVDA

That was a monster of a day yesterday for $NVDA, Bulls really showed their teeth and we got a clear hold of support on the $127 level on the 0.5 Fib and strong bounce up to the 50 Day MA at $139.

We know this is an important level next because breaking above this level and the bulls will take the green support/resistance line

It may take a few sessions to convert this level but I be...

$AMD TOP 20

$AMD big question right now for everyone following $AMD is, is the bottom in?

This is the hourly chart above so we can get more details as it has only been one bounce so far.

But:

• Price tested and held the $120 level which was a support level from the August 5th market sell off

• It is also the 0.618 Fib

• We can also see 3 waves down

...
2024-12-24 11:00:59 +0000 UTC View Post

$ASML - WATCHLIST -

I am watching $ASML here after holding on the 0.618 Fib perfectly at $654 and now bouncing above the 50 Day MA and retesting the 0.5 Fib from below

Price has since pulled back and testing the 50 Day MA from above now at $700

A hold here and we have a higher low, bulls will want to see a bounce next back above the 0.5 Fib at $743....holding above this level and the 200 Day MA is next...

$UUUU

Is at an important level now on the 0.618 Fib at $5.45, a hold here and they have a double 0.618 Fib hold.

If the price can hold and make its way back up to the wedge top line again at $7, then the upside potential next is to $11.41 to the blue line

There is certainly a feeling that nuclear stocks are bubbling under the surface but they have not taken off yet or broken out.

$MNSO - WATCHLIST -

I am just going through my morning scan now and I have come across this very attractive breakout

Price was consolidating in this handle for over 18 months and finally broke out

Like $AAL, if they can retest their breakout level at $22 and hold, then this would be very attractive to add to catch the next leg up to the blue line at $35.

$ARM

I continue to hate the $ARM set up and I am not a fan of this company's share set up, where the owner owns a substantially high amount and has made a habit of manipulating the price

Price has lost the 200 and 50 Day MA now and looking like it is moving down the right shoulder now.

A fall to $100 is possible here.

$BB - RC -

No changes to the chart but there is a strong breakout and there was a +23% move here on Friday, price is again up in the PM.

There may be a retest of the $3.16 line today or tomorrow but holding above this support level and I believe this can move higher to the next levels at $4.69 and $5.75

Golden Cross should happen this week too.

$OSCR

There appears to be a double bottom so far above the 0.5 Fib at $13 and $OSCR has performed well since Fridays rebound

We know that the low risk entry is above the 200 Day MA which is at $17.30, so adding at these levels will mean taking on some risk

I have a position and I am happy enough to hold until I see a movement in an impulse wave and I will have no issue adding one more tim...

$OXY

No changes to the chart but it is worth sharing again as it is revealed that Buffett has added again, significantly buying on the dip and below his average of above $55.

Price is also below the 200 WMA and in between the 0.5 Fib and 0.618 Fib range too

This range feels bottomly to me but support still needs to be confirmed.

If $OXY can work its way back above the important Fib...

$BIDU

Higher low observed now too between the 0.618 Fib and the 0.78 Fib levels and bouncing this morning in the PM.

We do have a 3 wave pull back here but $BIDU has let us down a lot lately with trying to hold a new impulse wave developing so I would need to see a break above the blue line and the 200 Day MA at $94, which are at the same level now....to get excited here about a reversal.

$NIO TOP 20

$NIO had another successful NIO Day on Saturday and they revealed the ET9 (premium standard luxury vehicle, its most expensive car to date) and it was sublime, they really pushed the living quarter side of this car and showcased its readiness for the FSD world next

They also revealed Firefly too, which is aimed at targeting the low cost segment, although the design is questionable, I like...

$ETH

We have a three wave pull back since late Friday night and we can see that support was found in between the 0.78 - 0.618 Fib levels between $3200 - $3273 and the price has bounced up to the 0.38 Fib this morning from a positive PM.

We want to see higher highs and higher lows next, but first converting the 0.38 Fib to support next is a good start at $3343.

Not a surprise to see the 2...