The Long Investor

$NKE TOP 20 - WATCHLIST -

$NKE looks like it may be waking up.

Remember $NKE always reports at different dates to other large caps, so they have their earnings on the 27th of June, we may start seeing a run up to earnings here.

The other up and coming clothing ...

$AMZN TOP 20

I sold 20% of $HIMS yesterday and put it directly into $AMZN for two reasons, $AMZN is in a bullish set up, however still needs to break and hold above the $190 level but it is at a breakout level that has been held since 2020, we have seen lately...

$HIMS

OK $25 was always going to be an important level for us, it was the 2 Fib and the previous high from 2021.

We saw over the last week that there was some profit taking at $25.60, with some large drops, followed by dip buying, then finally yes...

HSI

I wake up each morning, check the comments section in our group chats and after reading the comments before looking at the charts, you would assume that hell has opened up and the HSI has fallen into the depths of hell.......I go to check the char...

$AMZN TOP 20

I would be lying if I said I have not been considering buying a sizeable position in $AMZN if I feel like this will break out with enormous power to the upside and start picking off these higher Fib levels in a melt up.

I sold 50% of my $AMZ...

$SE TOP 20

I think its time to eliminate the second impulse wave because the price action could not be following our other projection more if I drew the price action on the chart myself.

Price is moving very strong here and has not even needed a retest...

$CELH

I don't think I would be getting excited about $CELH until the 200 Day MA is flipped to support, it is currently sitting at $65.92.

A retest of the 200 Day MA from below is always nice to see, first it will tell us a lot.....if it rejects he...

$CLSK

$CLSK is very close to making a higher high now in the PM above $20.15, which it has not be able to do since the end of March, so this will be a welcome trend change....especially after testing support again on the yellow line last week at $15 and...

$COPX - SAFE HAVEN -

Commodities pulled back over the last month as the market raced higher but we have seen some support and bounce today on an important level for Copper and Silver.

$COPX managed to bounce on the 0.5 Fib support level at $43.36 and is now back...

$PSNY

This is not looking good for $PSNY, the smaller EV growth companies are getting picked off now, as $FSR files for bankruptcy this week. I believe there will need to be some consolidation in this industry in order to survive for many other companie...

$SOXL

Inching closer and closer to our Wave 5 target at $74, which was the 2021 high too.

It looks inevitably here and I know many members have been cleaning up here on this one, led by $NVDA.

The Wave 4 pull back was also stronger than expe...

$SMCI

I have been watching $SMCI closely and I like how it has held lately after reclaiming the 0.38 Fib and the 50 Day MA.

The pull back in late April also came close to the 0.5 Fib so it is reasonable to accept that the pull back is complete her...

$AMD TOP 20

$AMD is a company we have charted accurately since the start of 2023 and I believe it has comfortably completed Wave 4 now.

Wave 4 pulled back more than expected which is the only blemish on this chart but we can see in Jan '24, they missed ...

$OXY

Buffett again got back in here this week and added, he now owns 29% of the company

To Buffett, this is the perfect hedge, against rising oil prices and its strong exposure to a future conglomerate sector in the making, in the form of carbon ...

$YINN

+5% Jump in the PM now which is what we wanted to see from Chinese ADRs and this Bullish ETF.

Price has now held the 200 Day MA and has bounced back above the 0.618 Fib and the 50 Day MA now in the PM.

We needed $YINN to hold this leve...

$PLTR TOP 20

$PLTR has stayed on message, consolidated above the 0.618 Fib at $20.18, broke above the 50 Day MA and has cleanly broke out of the wedge now. We had 2 months to buy within the consolidated range so everyone who has been following our buys on $PLT...

$FUTU - WATCHLIST -

I am also watching how $FUTU starts tomorrow too, having pulled back comfortably to between its 0.5 Fib and 0.618 Fib and finished Tuesday on the 0.5 Fib.

Price is still above the wedge breakout level at $63 and $FUTU is more aligned with $P...

$ADA

Cardano is a crypto I will always have an interest in, it was the first crypto I bought to make 100% gain which I then put all of that position into $ETH, which then gained 100%, so it provided a compounded gain machine for me and with those two p...

$BIDU

We are all keen to see how the market starts in the PM tomorrow for Chinese Tech stocks and looking for a continuation from the HSI too, $BIDU is high on my attention right now after losing a critical support level like $BABA over the last week. 2024-06-19 19:38:30 +0000 UTC View Post

$SHOP TOP 20

Couple of comments mentioning a potential head and shoulders pattern forming here and although it is possible, it is not standard looking and when there is an ascending neck line like this, we have a clear support/resistance line to show us where ...

$HIMS

Another green healthy day for $HIMS yesterday with a higher high made on its previous day.

We have not seen a hold above the blue line yet at $25.41 so we need to be on standby for a reversal here

I will not take any action until I see...

$ETH

Battle going on at the 0.5 Fib and the 50 Day MA but we have two tests of support on this confluence level which is a good sign.

We still can’t rule out a test of the 0.618 Fib at $3291 and we have seen two flushes below the 0.5 Fib too, w...

HSI

Finished up 2.8% today with an explosive bounce off the confluence level of the 50 Day MA and the 0.5 Fib.

We waited patiently for this and so far we are off to a good start to this Wave 5 now.

US market is closed today so we can’t s...

$AMZN TOP 20

$AMZN this is a very bullish alternative for $AMZN ...

$HIMS

Disclaimer: I am only provisionally putting in the White Fib levels here incase Wave 5 has completed at the 2 Fib.

We know that Wave 5 can extend and go as far as the 2.618 Fib at $30 but there appeared to be some profit taking at $25 yester...

$ZS

$ZS continues to test the 200 Day MA from below here and it is sitting at $191 right now.

Bulls will need to flip this to support in order to confirm the bull case and Wave 3.

The Wave 2 pull back has been standard at the 0.618 Fib and...

$WULF

$WULF has been the strongest crypto company lately by a long mile but we can see that before the price broke out of this triangle, it followed the dimensions of the formation extremely well, so when it broke out, it jumped aggressively.

This...

$UBER - RC -

$UBER I believe is following our ABC correction very well, Wave A dipped just shy of the 200 Day MA and has bounced nicely and back above the 50 Day MA, it is already showing signs of running out of steam and pulling back, we want to see a $CELH s...

SILVER - SAFE HAVEN -

Silver remains my Top Safe Haven and I've given strict instructions to stick with this until the market correction is complete.

We have already made substantial gains since entering at $24, which have already exceeded our expectations, consi...

$ORCL - RC -

$ORCL is still pushing higher after its earnings report, in spite of the negative report, they were able to brush it off by announcing some popular collaborations, particularly with Chat-GPT.

It appears that any mention of Chat-GPT or AI bas...