The Long Investor

$MSTR

If $BTC flushes down in an ABC correction then $MSTR is in trouble

The impulse wave is not invalidated yet because Wave 1 has not be infringed upon but the price is below the 0.5 Fib now and ...

$PLTR TOP 20

$PLTR showed a lot of strength yesterday, when the market needed to show its teeth, $PLTR did it's part but the rest of the market could not as there was a fade throughout yesterday's session....$P...

$BTC TOP 20

I want to be clear: this chart has not changed.

We were in Wave 5 and pushing to the 3.618 Fib at $109k and the price got to $108.3k

The extreme bullish scenario was to the 4.618 Fib t...

$BABA TOP 20

$BABA is below the 200 Day MA in the PM now in spite of the HSI holding up very well this week against the US market.

Below the 200 Day MA and the next support line is the 0.78 Fib and the re...

$HIMS

One more upload here because it is a popular chart in our group and today was an important day,

We said that negative FDA news for $HIMS would likely bring the price down to $25.41 and that i...

$ETH

$ETH did not hold the $3700 support line at the top of the triangle and the flush down has brought the price action to the 50 Day MA, which is also the 0.38 Fib at $3340

Weakness is shown now...

$MU

This chart has not been changed all year

Price dropped at Wave 5 and fell below the 50 and 200 Day MA, there was some who believed that the pull back was complete during the summer but there ...

$VIX

You can almost pinpoint the moment the Fed made the wrong decision.

If they believe inflation goes higher, you don't cut rates

But instead, they cut rates and said inflation would go h...

US 10 YR

Here's the culprit, the source of pain on the market right now.

The FED needed to cut rates yesterday like we all needed a hole in the head!

The US 10 YR had no choice but to breakout ...

$TSLA TOP 20

It is very clear here how effective the 1.618 Fib has been for Wave 3

In the last upload I said that it had overshot this level and it was not a concern but like a magnet, the 1.618 Fib pulls...

$SMCI

$SMCI has been making its way down through the Fib support levels but it has remained on the outside of the wedge as discussed before.

Standard support level to expect is the 0.618 Fib for Wa...

$COIN

Testing the 0.38 Fib at $274 now which is the standard Wave 4 support level as we know and this Fib has not changed on the chart

$BTC is still above $100k, so if there is a final run to this ...

$SOFI

I explained yesterday that a higher 10 YR is going to put pressure on the finance sector and they have felt in line with everyone else today and yesterday

$SOFI is just short of the 1.618 Fib...

$UAL

The power of the 1.618 Fib for Wave 3 in clear view here.

From $40 to $103 and pulls back at the exact level we expected.

The 0.38 Fib is always the target so a pull back to $76 would b...

$IWM

Small caps pulled back strong yesterday but two solid points

• Pulled back at our expected Wave 3 level and

• Held at the 0.5 Fib for a Wave 4 pull back

  The standard ...

  2024-12-19 14:30:28 +0000 UTC View Post

$JASMY

It could have been a bloodbath for ALT Coins over the last 18 hours but relatively speaking they have done ok

$JASMY made a lower low so it could not be starting a new impulse wave yet

...

$HIMS

$HIMS was caught up in the market sell off too and when this happens we need support levels to deliver and this is what happened with $HIMS yesterday

Back to the 0.38 Fib for the 4th test sin...

SILVER - SAFE HAVEN -

People are very critical this morning of Silver when the chart shows a test of the 200 Day MA and holding at this level right now.

A test of the the 200 Day MA has been mentioned by me multip...

$NVDA

In spite of the sell off, $NVDA still managed to put in a higher low, mainly due to its strong start to the day yesterday

Price is up in the PM today as dip buyers who missed out yesterday ar...

$SPY TOP 20

This is the same chart uploaded on Sunday.

I spoke about this last night, there is a breakdown below the rising wedge bottom line and the 50 Day MA now after yesterdays flush down, so today's...

$BTC TOP 20

$BTC pulled back from the top line yesterday at $108k in this channel but as we can see, price is comfortably still in the channel, above the 2.618 Fib at $96.6k, above the psychological level of $...

$RLX - WATCHLIST -

Up +6% today after bouncing on the 50 MA on the 1hr chart today and we can see an ascending triangle formed here under $2.11

So a breakout and hold above this level and we could see a further...

$PEP - SAFE HAVEN -

$PEP continues to make lower lows here and has not found support while it moves in the middle of the 0.38 Fib and the 0.5 Fib levels

The 0.5 Fib is also at the blue support line too, so a dri...

$ABNB TOP 20

Not seeing the start of an impulse wave just yet

We have a test and bounce on the 0.5 Fib at $129 but I would expect either another retest or a lower low next with its current formation

$UUUU

$OKLO has bounced in the PM and there is no changes to that chart

$UUUU is also looking at holding support on the 0.618 Fib at $5.50 too

A reversal here and $UUUU can make another attem...

$DG

Watching for a potential bottom now at the 0.78 Fib at $72, price is already at $76 after testing the $72 level

Price is also considerably lower than its 200 WMA which is at $185 right now to...

$NIO

It's getting quite boring here for $NIO as the bulls and bears slug it out on the $4.50 line now since the 12th of November.

Indicators are not giving us much either apart from some sideways ...

$ACHR

Continues to move very well in this Wave 3 now and this pull back looks complete and should be confirmed once a higher high is made above $9.87.

$ARK own nearly 6% here and 10% of $BLDE which...

NESN - SAFE HAVEN -

Nestle has an RSI on the WEEKLY at 18 now....so this is as undervalued as $PLTR is overvalued

MACD is also showing largely oversold too but it is not showing that a bottom has been reached ye...

$ETH

We got our 5 waves to a new higher high and the pull back has happened fast already, so a 3 wave pull back to the white fibs as shown is what we expect before going higher again

After every 5...