The Long Investor

$ASTS

$ASTS bounced well on the second target but has so far retested the 50 Day MA from below and the blue line and has so far rejected, a firm rejection here and we will see a lower low next from last ...

$VICI

$VICI is company that will likely fair well as Rates Cut and the 10 Year goes lower.

We still have this in Wave 4, with the 0.38 Fib at $31.71 just below the 50 Day MA.

A pull back and ...

$QQQ TOP 20

Ok, we have a rejection at the 0.887 Fib at $494 and the price has pulled back today and is likely going to test the top of the wedge line again, we can see that the 50 Day MA is waiting here too t...

$BIDU

$BIDU hit the 2.618 Fib yesterday, went slightly above and on the retest could not hold, price is performing well here today but I can make out the possibility of a head and shoulders pattern here ...

$AMZN TOP 20

Ok there is clear resistance at the $188 line now, this is confirmed, price broke above but on the retest it could not hold and there has not been a retest of this level from below yet

I woul...

$DELL

Mr Dell himself has just sold $1.2 Billion of stock this week which is not a good sign in the short term, it may have triggered prematurely the end of Wave 5 because of such a large sale.

I h...

$ABNB TOP 20 - WATCHLIST -

$ABNB is where it needs to be right now and like I said on Sunday, the impulse move has been moving perfectly and when this happens we should be taking advantage

So a hold here above $125 and...

$NKE TOP 20

$NKE is also in the same situation as $BTC and $AMD, battling at an important level

I highlighted on Sunday that the $89 level is a legacy support/resistance level, so flipping this to suppor...

$TGT - WATCHLIST -

I do love when moving averages behave like Fib levels.

The 50 Day MA is aligning with the 0.618 Fib and the 200 Day MA is in between the 0.38 - 0.5 Fib levels now

Ideally the pull back ...

$TMF

$TMF is up in the PM now +2% and we can see that it has been holding on the 50 Day MA and the 0.38 Fib, this could be a trigger to move higher next, if the market takes a breather this month after ...

$BA - WATCHLIST -

$BA is considering a $10 Billion stock sale so there has been some red yesterday and in the PM now

This allowed the price to pull back to the $146 level I highlighted over a week ago

Th...

$AMD TOP 20

I am going to add a few charts today that have my attention and look for an entry

$AMD is a stock I am already heavy in and it too has a battle on its hands like $BTC

We can see that th...

SILVER - SAFE HAVEN -

I am not seeing any concerns on the Silver chart so far, a higher high was made on Thursday so this confirmed the trend and the impulse wave for me, if a pull back is needed again to the blue line ...

$NIO TOP 20

$NIO opened up +19% yesterday, we asked for calm and not to chase, the price then faded throughout the day and finished at +2% to end the day, a lot of people including myself were happy to see thi...

$BTC TOP 20

There is certainly a battle going on at the 200 Day MA, the market is aware of the significance of this moving average, as we know it is the separation between a bullish and bearish trend.

I ...

TWEET: EWT EXPLAINED

This is the standard move of impulse and corrective waves

Wave 3 and Wave 5 can extend depending on the momentum behind buying (eg. Black Swan events like an aggressive stimulus pa...

$MU - RC -

There was some euphoria post earnings release last week....the earnings was not bad but like I said in the previous upload, the set up was not there to enter before earnings.

Now profit taker...

$RDFN - RC -

$RDFN hit our Wave 5 target and has rejected and pulling back now for what I believe to be an ABC pull back.

Price has already came close to its 0.38 Fib and a bounce for Wave B needs to be c...

$FUTU

$FUTU showing that it moved with the HSI too, also holding the double 0.618 Fib level and bouncing aggressively out of the wedge, above the 50 and 200 Day MA and straight through the blue line up t...

$IQ

Yes $IQ disappointed us, yes it dropped hard but it was still undervalued and recovering now very well.

Those that held, I salute you

Those that added under $2, you deserve the gains. 2024-09-30 14:04:15 +0000 UTC View Post

$NIO

$NIO without EWT.

Looking like a simple test of the green channel top line now today, yes it looks extended but not looking absurdly out of place, $NIO fans have pumped and chased this many ...

$X

$X's revival has now calmed down slightly, it has pulled back to the wedge top line to test from above now at $34.

I have added in the 0.5 Fib to show where support can potentially come and i...

$RLX

$RLX is up in the PM now by +12%, price is now above the 200 Day MA and will shortly test the wedge breakout level at $1.90.

I have added in the 1.618 Fib here at $2.14 if the breakout is suc...

AML

The timing of AML's profit warning is very peculiar here, it happens exactly on the retest of the wedge that it has been in since 2020.

Price was managing to hold support above the 0.887 Fib ...

$NVDA

Continues moving downward after rejecting at the $126 level at the top of the wedge and I still expect a retest of the 50 Day MA at $115 next.

Losing the 50 Day MA and we should be waiting fo...

$ETH

$ETH is still in this impulse wave but we need to watch how $BTC behaves right now as the price has just lost the 200 Day MA, it is vital that $BTC bulls reclaim the 200 Day MA or it could go wrong...

$HIMS

$HIMS is still moving and broke above the 50 Day MA last week, it also gave us a retest of this level on Friday too and finished the week above this level.

I have added the white fib pull bac...

$BIDU

Look at $BIDU go, $BABA is getting a lot of attention as it is seen as the front facing company of China but the other tech stocks out of China have been equally as impressive.

$BIDU, like th...

HSI

This is the same chart uploaded on Friday, with Wave 3 at the 2.618 Fib, the price hit this level today and stopped.....this is also the 200 WMA at this level too, so it is a confluence level and t...

$NIO TOP 20

$NIO is soaring in the PM now on the double news boost from the $2 Billion investment partnership and the further pump in the HSI today, as Chinese policy makers continue to release more stimulus m...