The Long Investor

$HIMS

The battle continues on the 200 Day MA and the blue support line at $25.40.

This has been ongoing since the flush down on the 4th of April and every time the bulls have been able to defend th...

$DLTR

Another legacy sector leader beaten down to inbetween the 0.618 and 0.78 Fib range and has been holding on the 2020 low level at $60 since July '24.

The price held at $60 in 2020 and when the...

$MP - WATCHLIST -

Chart continues to look very good here and moving comfortably in our Wave 3.

Price has broken out of the 3 year channel, retested the breakout level and has bounced now on the 50 Day MA as th...

$RDDT

Could not hold its standard support level on the 0.618 Fib at $110.

Price action tried twice to recapture this level but the 200 Day MA was offering strong resistance and the price action rej...

$SOXL

This is why I do not like leveraged positions.

The downside risk is always pronounced and can destroy your positions, it always feels good in a bull market but is devastating in the bear mark...

$UNH

Things have been going from Bad to Worse for $UNH since their CEO was assassinated last year.

RFK JR being appointed as Health Secretary has also been a dark cloud over them too, now they hav...

$BMY - WATCHLIST -

$BMY is looking very good here.

Primary Wave 2 held exactly on the 0.618 Fib at $41.

Bounced back up to the wedge bottom line at the 200 WMA and pulled back again to a higher low at the...

$MU

$MU has made it all the way down to the standard 0.618 Fib at $60, I warned about this scenario in the summer last year that the bounce was in Wave B and that Wave C would be next but this did not ...

$ELV - RC -

A number of requests for this chart over the last few weeks but again there are no changes to my projection count.

Wave B is looking very clear and a test of the confluence level at the 50 an...

$INDA

$INDA's bounce back into the rising wedge looks a lot more healthier than $SPY's and $QQQ and looks set to continue higher to the 50 WMA and the amber fib resistance levels, which we want to see on...

$CMG

Also reports on Weds but after the market closes.

Those who have been here for some time will know that this chart has not changed in about a year and we caught this move up and down for its ...

$BA

$BA reports before the market opens on Weds.

China announced this week that they have halted any Chinese Carriers from receiving any Boeing aircraft last week, this will likely play a big par...

$NVDA

Down -2.3% in the PM, Jensen seen in China talking to leaders may not have calmed the concerns towards $NVDA right now but from Jensen's point of view it was the right thing to do.

He does no...

The LIT Sunday News

Trump Threatens Tariffs on Critical Minerals, Escalating U.S.–China Trade Conflict

Key Developments

2025-04-20 20:10:38 +0000 UTC View Post

$SPY TOP 20

$SPY and $QQQ chart since the bounce on the 7th of April have been very similar, both failing to make a higher high on the 14th of April and now showing some further weakness.

I have shared t...

$QQQ TOP 20

The $SPY and $QQQ bounce since the 7th of April low have both been the same.

There was a failure to make a higher high on the 14th of April after Trump announced the chip ban to China and the...

$TSLA TOP 20

$TSLA reports this week on Tuesday after the market closes and it will be one of the first Mega Caps to report and historically does play a big role on how the market moves.

There will be con...

$V TOP 20

No changes to this chart or the commentary.

Still comfortably above the 50 and 200 WMA's, pulled back in 3 controlled waves to just above the 0.38 Fib, where the 50 WMA was waiting and bounce...

$SHOP TOP 20

$SHOP is still above the 200 WMA but below the 50 WMA, the price action has bounced out of the Buy Zone but there is still a large black cloud over $SHOP right now and there may be concerns during ...

$PYPL TOP 20

I consistently get asked: 'What is the best company to buy right now in terms of risk v reward with the aim to hold for long term?'.....and $PYPL is always the first company that comes to mind.

$NKE TOP 10 & TOP 20

I have started accumulating $NKE at $55 and I will be adding again under $60.

I can not eliminate the downside risk of $46 at the 0.78 Fib but I believe that $NKE can this around and starting...

$MSFT TOP 20

Does have a 3 wave pull back and it has taken a year to get to this point.

$MSFT has not been in the same count as the market for some time now and it remains to be seen whether or not this c...

$INTC TOP 20

$INTC just finished the week on the 0.88 Fib on the blue support line and in the Buy Zone and Consolidated range at $18.50

However, the commentary has not changed here either, we want to see ...

$GOOG TOP 20

Chart and commentary remain the same here too.

There has been no Wave B bounce since the drop from $208 to $143 so Wave B is the expected move next.

If the market gets dragged down by $...

$DIS TOP 20

I find it difficult to expect $DIS to go anywhere else next apart from making a lower low under $78

The set up isn't there to show a reversal yet and the price action is trending downwards an...

$ABNB TOP 20

$ABNB weekly chart here does not fill me with confidence, we have a death cross on the weekly MA's here too and although we got a test of the $100 level this month, we need to see more price action...

$BABA TOP 10 & TOP 20

What is going to happen the moment a deal is made or a postponement of tariffs are announced?

The price action jumps for Wave 3.

It is clear the market is waiting for positive news here...

$BTC TOP 20

$BTC is now at an interesting point, price has tested the upper limits of the bullish channel, holding above the 50 Day MA and still below the 200 Day MA.

It is getting tight in this area too...

$AMZN TOP 20

The issue with a lot of the bounces since the 7th of April, across the Mega Cap's and the markets is that they are not moving in an impulse nature (moving in 5 waves)
This tells us that a lower ...

$AMD TOP 20

$AMD started the week strong and ran to $96 from $76 and unfortunately a further sanction on chips to China was announced by Trump and the semi sector pulled back aggressively, a further catalyst t...