The Long Investor

$PFE - WATCHLIST -

A smart member said yesterday after the break out: ' I will consider a position once $PFE retests the breakout level'......and this sort of discipline is exactly what we want to see in this group 2024-10-10 09:19:38 +0000 UTC View Post

$CELH

UP +6% yesterday and another +6% in the PM now after an upgrade yesterday, average PT now for $CELH is at $56, so in terms of R v R, the price at $32 does not look too bad

Price has managed t...

$GOOG TOP 20

$GOOG is hurting more than most of the Mega Caps now and it is likely down to the DOJ comments

However, I believe this is not going to stop $GOOG from either going to our Wave B target or tes...

$ASTS

Still not yet finished for me folks

Not seeing the set up for a reversal right now

Price has rejected at the 50 Day MA and the top blue line and not seeing the start of an impulse wave ...

$PFE - WATCHLIST -

We got the move folks

Price has now bounced on the 200 Day MA and triangle bottom line and now broken out of the triangle top line now at $29.80

I like this company (fundamentally) and ...

$QQQ TOP 20

$QQQ has broken up above the amber 0.78 Fib now and pushing to test the last Fib resistance level now at the 0.887 Fib at $494, which was a resistance level last week too.

A break above this ...

$ABNB TOP 20

Ok we are up nearly +10% on our previous Buy Alert here and $ABNB has been moving as well as we wanted, very happy with this impulse wave and Wave 5 movement, so we need to watch for how the price ...

$TMF

$TMF is at an important level now at the 0.618 Fib, it has moved down in 3 very controlled waves now and this is where we need to see support being held above $51, so far on the first test it has h...

$CCL - WATCHLIST -

$CCL is back up to test the top line of this ascending triangle again, it has been a steady resistance line since June 2023 so it is very important that we see a breakout, followed be a retest and ...

$IQ

Ok $IQ, it is time to redeem yourself.

Price has pulled back as expected from our last update and the price is just testing the confluence level now at the 50 Day MA and the 0.5 Fib, which we...

$JD

I neglect $JD a bit because I do not hold it but it is moving exactly in line with $BABA and $BIDU and hit its 1.618 Fib exactly, so again we are looking for support to be found here on the 0.38 Fi...

$LCID

Getting very very tight in this wedge now, we can see that the 50 Day MA is exactly at the wedge breakout level, so this is an important level right now, a break and hold above this level and the $...

$NET - WATCHLIST - RC -

Some consolidation sideways now for this potential Wave 2, price is holding above the 0.618 Fib and 0.5 Fibs and making higher lows but also making lower highs, so this is a triangle consolidating....

$ASPN - RC -

Pulling back to the 200 Day MA for another test, we can see that the price action tested this level in August before earnings and once earnings beat, the price took off and went as high as the blue...

$SHOP TOP 20

It is getting tight in this rising wedge, we saw on the $PLTR chart that although this is a bearish formation, bulls can break this out to the upside too but generally it is not considered somewher...

SILVER - SAFE HAVEN -

I am not going to change anything to the impulse count here, I have added the green fib support levels to show where the price action is testing right now but we know the important level is $30 to ...

$IONQ - RC -

$IONQ has been moving very well since holding support on the 0.78 Fib at $7 at our Wave C level.

Price is now above the 50 and 200 Day MA and moving in an impulse manner.

I have this mo...

$TECH - WATCHLIST -

$TECH continues to hold on the 0.618 Fib above $70 and has been tested multiple times now since June.

Price is also testing the 200 Day MA again after rejecting at the wedge trend line, a hol...

$CPNG - WATCHLIST -

Bringing this back to your attention now as this is moving comfortably in Wave 3 and looks set to continue to our Wave 3 target at the 1.618 Fib at $32.

The double bottom hold on the 0.618 Fi...

$NIO TOP 20

Holding on the 0.38 Fib now in the PM too, this is a perfectly fine place to complete Wave A and start Wave B next as a relief bounce before we get a further pull back for Wave C to complete this A...

$PLTR TOP 20

Strategies and discipline protest your portfolio

9 times out of 10, stocks don't aggressively run like this in Wave 5 and trimming where we did works 90% of the time but sometimes Wave 5's go...

$BABA TOP 20

$BABA is at the 0.236 Fib level now in the PM, so I believe we are in Wave 4 and still more downside over the next few sessions before a relief bounce for wave B of this Wave 4.

We can see th...

HSI

HSI finished exactly on the 0.38 Fib to finish the day, it was a bit of a rollercoaster day with some high swings but the HSI finished the day at -1.3%, having been deep red and followed by some gr...

$SQ

We have a double hold here on the 0.618 Fib and price is also using the 50 Day MA for support to make a higher low.

Price action is now between the 50 and 200 Day MA now too, so a break above...

$AFRM

$AFRM continues to hold above the 0.38 Fib and is now at $41 while having a strong day today.

We can see that the 50 and 200 Day MA are about to complete a golden cross now which is a bullish...

$NVDA

$NVDA is running leading into AI Day and since it broke out, it is a clear outlier amongst the Mega Caps right now and is carrying the entire Tech Sector.

There is very little in the way of t...

$NKE TOP 20

$NKE is still struggling to find its feet now after pulling back since its earnings report, price action is just sitting on the 50 Day MA now at the 0.5 Fib for the last 2 days, so support has been...

$OXY

$OXY is getting its first pull back after jumped +12% from the 0.5 Fib at $49

Pull backs as we know are needed, I do not need to remind anyone about this

Price action building a structu...

$HIMS

The two wild swings over the last week has made this structure a bit uneasy to read, so we'll prepare in a conservative manner

The main point is that after the sharp decline to $16, price rec...

$AMD TOP 20

$AMD continues to move very well and moving in sync with $NVDA, as both companies broke out of their respective resistance levels on the same day.

Wave 3 remains the target at the 1.618 Fib a...