The Long Investor

$CAVA

Post earnings and up +15%

Just wild!

$176 does look next.

$XRP

Very clear break out here, a higher high has not been made but this wedge has been in place since 2021, so this is a notable change in trend.

$XRP needs to hold above the green line at $0.67 or the wedge breakout level at $0.61 for me now

Once this achieved then the higher targets above are in play.

No change to the chart here since the last upload.

$MARA - WATCHLIST -

$MARA is very similar to $RIOT but has already cleanly broken out of its wedge now

Price is down in the PM now which indicates to me that $MARA is going to retest the breakout level around $22

If the price can hold above this level then I believe it can move up to the First Target next at $31.

Price needs to hold on the outside of the wedge tho, otherwise the blue line at $19 ...

$RIVN

$NIO holders always feel they are hard done by but in actual fact, $NIO is about in the middle of the EV growth companies performance table

$LCID and $RIVN have performed worse technically than the Chinese EV companies, and these are American companies, so do not believe that $NIO is being treated unfairly, the sector got killed and trying to recover now

$RIVN went all the way down...

SILVER - SAFE HAVEN -

Solid hold so far for Silver on the 0.618 Fib above $30

CPI data today is likely the cause of this bounce

I have already added to Silver last week before the election as a further hedge, so if I liked the price there, it is even more attractive now

We have a higher low now but not a higher high

The 50 Day MA at $31.50 would be the ideal level to flip back to support and ...

$NIO TOP 20

There is very little difference where the 1.618 Fib is calculated to if there is a pull back to the 0.618 Fib, the 0.78 Fib or the 0.887 Fib.....the 1.618 Fib will still be calculated to around $11

It is calculated by taking the start of Wave 1, to the top of Wave 1 and then to the bottom of Wave 2.....so it is effectively 161% of the length of Wave 1.

All we need to see is $NIO fin...

$BTC TOP 20

$BTC appears to be following the smaller wave count and 1.618 Fib extension and this makes a lot of sense here, with the $100k target aligning for the year of the year.

It is crucial for me that $BTC pulls back for a Wave 4 shortly, having already overshot the 1.618 Fib

$BTC is already substantially above its 50 Day MA now too, so this move has been aggressive.....unlike $ETH which ...

$ETH

This has been stunning now from $ETH, while many crypto are extending $ETH has been moving perfectly.

I have been all over this bounce out of the triangle and the target for Wave 3 was always at $3320, we have a clear rejection at this level and I believe we are in Wave 4 now.

Price has already tested the 0.236 Fib at $3145 but we want to see it come down further to the standard 0.3...

$ADA

If you missed this run from the 0.887 Fib support level then waiting for a controlled pull back is always sensible, anything that runs 100% over a few days will force people to take profits.

I have added in the green support levels to show where support can drop down to

The 50 Day MA will cross the 200 Day MA shortly, this will likely be a bullish signal, so be mindful of when this ...

SILVER - SAFE HAVEN -

Silver chart without EWT.

We can see two ascending triangles on this chart, the larger one in green and the smaller one in yellow.

Price is now retesting the breakout level at $30 now today, this was a strong resistance level and was in place for 4 YEARS before it broke out

It has already retested this level on the 7th of October, so it is retesting now for a second time, this...

$SQ - WATCHLIST -

$SQ is showing strong potential now as it tests its March High now at $87.

A break above this level would be significant and I believe we are already in the Bull Case now too.

Above $87 and the next test will be $100, holding above this level and $SQ could move fast and up the 1.618 Fib at $133 to complete Wave 3.

Add it to your watchlist, we have always maintained that $SQ is...

$MGM

$MGM is still holding in the ascending triangle and has been testing the bottom line now 3 times since the 5th of August.

Airlines and other Travel stocks have been performing well lately so I would be curious to see if $MGM will join the party

I have stayed in a number of $MGM hotels and I like their standard, they also continue to expand and buy back a vast amount of shares.

$NIO TOP 20

The confluence level could not hold, the price action battle for over 3 weeks to stay above this level and finally gave way today and it is moving down to the next support level for a test on the 0.78 Fib at $4.50

This was considered as a possibility and we could not rule it out, as much as we wanted to

If $4.50 is not held then the next test is the final fib level at $4.09 on the 0...

$CELH

$CELH is now on the blue support line....the rejection at the 0.65 Fib at $35 and the 50 Day MA sealed its faith and a decline then seemed inevitable

This is where $CELH really needs to start finding support

Tyson V Paul will be on this Friday and $CELH are a headline sponsor....this may help
If $26 is not held then the next support down is on the 0.78 Fib at $22.

$ZS - WATCHLIST -

$ZS is looking like it wants to start making its move up Wave 3 next

Long consolidation along the 0.5 - 0.618 Fib levels but held very well

Price is now above the 200 Day MA at $190 and if it can make a higher high above the July high at $207 and hold above this level then $ZS is in a good position to move higher as shown.

$COIN

Chart has been updated to explain the very aggressive move over the last week or so and the 1.618 Fib for Wave 3 has overshot which is a common sight this week

That being said, the Wave 5 target at the 2.618 Fib is remarkably close to the blue line at $369.

So if $COIN can pull back in 3 waves now for Wave 4 and hold around the $273 level then I expect Wave 5 next to $369 - $371

$MSTR

I have added in the Impulse count and it looks absolutely absurd but the count is valid.

Wave 2 held remarkably well on the 0.5 Fib....Wave 3 is at $401 and Wave 5 can complete at $586 likely in +12 months away.

I don't understand exactly what they do but from my understanding they leverage $BTC and so far the gamble is paying off.

$ONON

Has just reported and has missed on their EPS estimates but the market is still being friendly and the price is up +3.75% now in the PM

It may be a case of testing the top now at $55.97 again before needing a pull back

This is a very common set up right now, looks almost exactly like $HIMS and $PLTR too

Ideally a pull back for the handle to the 200 Day MA at $40 would be perfe...

$SE TOP 20

Mixed reports but $SE hit their EPS estimates and it wasn't a miss from what I can see, some a reporting a miss.

$SE are not providing guidance but the market does not seem to care

Another stock saved by its 50 Day MA and has now bounced to a higher high.

I have Wave 5 at the 2.27 Fib but the 2.618 Fib is very common lately which sits at $120 right now

This was at ...

$SHOP

I truly can not believe the week we are having with our Buys

$PLTR
$HIMS
$ETH
and now $SHOP running aggressively together

$SHOP I had 3 of my Buys allocated and still want to add the remaining two but I can not chase, ever, it always protects me but I am very happy with the performance now of my 3 buys, all shared in the Buy and Sell TLI chat group (5 months ago now)
<...

$HIMS

Clearly we had a fantastic day yesterday, when your largest position gains +20% in a day and more than what you make as a Captain in a year (after tax) it is a time to be very happy....that being said, I have decided that I will make one more Buy into $HIMS in this cycle.

I have added some support levels if $HIMS can pull back to the important blue line at $25.41 and we can see that the ...

HSI

This is very close now

HSI managed to finish the day on the 0.5 Fib exactly

The 50 Day MA is just slightly above the red line now which would be the invalidation point for this Wave 4, as Wave 4 can not infringe upon Wave 1

Going below the red line does not mean that the HSI is not in an impulse count, it means that it can not be in Wave 4 and I will reassess.

I am hol...

$ETH

It is still too early to say that $ETH has completed its Wave 3 now but there is certainly some resistance at the $3320 level at the 1.618 Fib where Wave 3 has a very strong habit of completing at.

It did overshoot slightly to $3447 over the last 12 hours so the 0.38 Fib is set within this consideration

As always, we watch for a pull back for Wave 4 to the 0.38 Fib and right now it ...

$RIOT - WATCHLIST -

Do we think $RIOT has joined the party?

There are no changes to the chart but the price has just raised its head above the breakout level at $15

A hold above this level and the next resistance level is the previous high at $20.50

A break above this level and the Wave 3 target is at $36.....unchanged.

$SPOT

Reports after the close tomorrow and it has been an absolute monster since the start of 2023

Same V shape recovery vibes as $META.

Price has already broken above its previous ATH blue line at $388 and is at $411 now

I always set the Wave 5 level at the 2.618 Fib as this is the high limit of a standard Wave 5 range......but we are seeing a lot of extended activity lately, the n...

$CAVA

Reports tomorrow after the close and it has had the most extraordinary run since its IPO in June 2023.

Price has run from a low of $29 to $148 and it has a cult like following, both in terms of its food and support for its stock.

Staying above $148 post earnings and the next target is $176

With an earnings of $42 million and a market cap of $16.9 Billion, it is actually more o...

$GRAB

Reports after the close today and the chart has been moving incredibly well

First target was hit last week, it immediately pulled back to test the breakout level at the blue line at $4 and has bounced again now to $4.40

A solid performance from their earnings and this could break out above the First Target and start moving to the Second Target at $5.11

Any concerns from the re...

$HOOD

Another stock that found support on the 50 Day MA last week and benefiting greatly from a Trump win.....bullish runs attract more buyers and ultimately more sellers....$HOOD benefits either way then.

Wave 3 is moving very quickly here and I have brought forward the time frames to reflect this

The 1.618 Fib level for our Wave 3 target remains at $41 and it is hard to see this going a...

$TGT - WATCHLIST -

$TGT is starting to looking interesting now

Price has held on the 0.618 Fib for the second time now at $145 and has bounced, price is testing the 200 Day MA from below now at $154, so we are still early here

If the price action can flip this level to support and break above the wedge at $158, then there is a possible run to the blue line again at $182....I would consider this Wave 3...

$DELL

Continues to look strong here and moving up our Wave 3 trajectory, with the target remaining at the 1.618 Fib at $150.

As I said in the chat group, $INTC is looking like retesting the $24 breakout level, if the price can hold above this level, this is a good signal for the sector....it may allow all boats to rise together, along with $AMD and $NVDA and push higher.