The Long Investor

$PYPL TOP 20

Same commentary goes for $PYPL too, very little to add here and there are no changes to the chart either.

Some resistance is found now at the 2.618 Fib at $85 which is the standard level for ...

$NKE TOP 20

Very little to add here that has not been said already or updated this week after it was confirmed that Bill Ackman added again in the last quarter.

This price right now is likely lower than ...

$MSFT TOP 20

$MSFT's commentary is almost identical to that of $AAPL, except $MSFT has lost both its 50 and 200 Day MA's which were both at the same level at $421, which became a very strong resistance level th...

$INTC TOP 20

It's odd to say this but $INTC has been showing relative strength in the sector ($SMCI aside)......this is likely due to the fact that it has already completed a very strong pull back since 2021 an...

$GOOG TOP 20

I shared this chart towards the end of the week to show the perfect rejection in the Wave B range which we have been following very closely since June.

There is a clear test of resistance twi...

$DIS TOP 20

What a run its been

From holding support at $83 to $115 and it went unnoticed by all....which is a lesson that if something is off the radar and still climbing, it is probably not a bad sign,...

$BABA TOP 20

Mixed week for $BABA, reported earnings and overall it was considered a beat but the revenue missed slightly and finished -2% for the day but the rest of the Chinese ADRs were green, indicating tha...

$AMZN TOP 20

$AMZN pulled back strong on Friday, after hitting $216 and late on Friday the price was back to the Bezos Sell line, which was the previous high for a retest.

The price did manage to hold thi...

$AMD TOP 20

$AMD is under enormous pressure this week now as it continues to struggle to find support and the last chance to find support for me will be on the wedge bottom line at $131, which also aligns with...

$ABNB TOP 20

$ABNB is back to its 50 Day MA after a tough week and we have seen a lot lately that prices are bouncing on this 50 Day MA and this would align with Wave B too

I do not see any Wave B yet

$AAPL TOP 20

$AAPL and $MSFT continue to be red flags for us and it appears that $GOOG may be following their lead next too and i'll discuss that shortly.

$AAPL finished the week under the 50 Day MA at $2...

$SOLUSD - $SOL

So that's $BTC, $DOGE and $SOL all aligned almost exactly here

They have all slightly overshot the 1.618 Fib for Wave 3 and still holding up well

Only $ETH has pulled back to within tou...

$DOGE

Almost in the exact same situation as $BTC right now.

Price has already pulled back to the 0.236 Fib at $0.35c, a pull back to the 0.38 Fib for Wave 4 is always the target at $0.30c but we'll...

$BTC TOP 20

$BTC Wave 4 could be a triangle as shown or a Wave 4 running flat, where the corrective wave effectively moves sideways, so far we are seeing the price hold up very well, unlike other cryptos and c...

$XRP

First target hit and only took 2-3 days after breaking out of the 4 year wedge to bounce directly to the this Target and gain over +100% in this one move.

Hopefully it will slow down now and ...

$KO - SAFE HAVEN -

$KO has followed our chart is now testing the red channel it broke out of in June.

This is also in between the 0.5 - 0.618 Fib levels

So we should watch for a hold of support now in thi...

$COIN

Ok it looks like $274 was the EXACT level for the 0.38 Fib, which was also the 50 1HR MA level too when the price pulled back

$COIN has already bounced now to $303 and up +8.7%....as we sugge...

$LULU

$LULU has been kept down by the 200 Day MA for the 3rd day now after just slightly overshooting the 1.618 Fib for Wave 3.

Price is back now sitting on the 1.618 Fib to end the week too

...

$COST

$COST has been able to rise +125% over the last 2 years without any parabolic moves, as the price dipped it was bought up and proceeded to go higher.

The 2.618 Fib at $861 looks converted to ...

$CELH

$CELH has struggled on the blue line now and is dipping lower to a lower low to end the week

We have got to expect that the 0.78 Fib is in play here next at $22.

$CELH did not need that...

$IWM

$IWM has also pulled back strong so we are not seeing a rotation from Mega Caps to Small caps today.

$IWM did not touch its previous ATH line at $245 but hit $242, so we may be looking at a p...

$QQQ TOP 20

I will cover the $QQQ in more detail on Sunday evening but it is worth observing that it is down -2.6% today, after a large sell off by the Mega Caps

The previous ATH level has not been held ...

$NVDA

I think $NVDA will hold a big key to the market

Right now we have a simple retest of the ATH breakout level at $141, price has already hit $141 but we could still see another firm test of the...

$PFE

$PFE has not lost its previous low but I suspect it will be under pressure until RFK Jr starts discussing his plans for the health sector

On this chart we can see that the $30 level at the 0....

$ULTA

$ULTA is down -5% in the PM now after it was revealed last night that Buffett bought and sold his entire position in $ULTA over 2 quarters.

After his first buy two quarters ago, the price dro...

$AMAT

No changes to the $AMAT chart but I can confirm now that it is in Wave C, as a lower low has been made in the PM and has been following our chart perfect throughout this correction.

Waiting f...

$ASTS

$ASTS reported earnings yesterday and the price is down -12% in the PM but to me the earnings are immaterial, no one should have expected anything from this and the company still expects to launch ...

$RLX - EARNINGS JUST RELEASED -

$RLX had a double miss on earnings but price is up +5.5% in the PM now

We can see on the chart that the price is reaching the apex of this triangle so a direction must be taken shortly.

$ETH

$ETH has gone as low as $3016 overnight, with some buyers stepping in as it approached the $3000 level.

Still unconfirmed whether or not Wave 4 is complete.

I think for a lot of people ...

SILVER - SAFE HAVEN -

So far we have a test of the 0.618 Fib and blue line at $30 and support has been found so far, with a nice bounce to follow as the market was uneasy yesterday.

For us to confirm that the pull...