The Long Investor

$FSR

Came right up to the blue previous support line at $6.42, I am a big fan of $FSR and want to be optimistic but just like $LCIDs jump today, I am not convinced by it yet. Also $FSR has shot up from $4.30 to $6.40 without any pull backs.....I don't ...

$INTC TOP 20

No changes here to the chart, earnings will report after the close today, my chart is showing that a bounce is due, so I wonder, even with a bad report, this may still bounce because it is part of a corrective wave, meaning it is bouncing to go do...

$COIN

Sideways movement here, beneath the trend line but above the previous low, likely will continue this sideways movement until earnings are reported next Thursday on the 4th After Hours. I don't see any favourable position here, Bitcoin has been err...

$TDOC

Positive earnings from $TDOC and what I have been waiting to see from them was a significant improvement with their fundamentals and I have seen that now, they posted a $69 Million loss in this quarter, compared to a $6.6 Bill loss for the same qu...

$NIO TOP 20 UPDATE

This is the first time we have seen some holding from $NIO since the 17th and will likely end the day green which is a good sign for us, since we expected subwave 4 to come in around now too, so we'll be watching for a bounce here, the likely spot...

$TSLA TOP 20 UPDATE

If we are getting our bounce now, it is happening exactly at where we set Subwave 3, looking for a rejection now at the yellow line where subwave 4 is. Like I've said for a number of weeks now, be prepared for every eventuality here, depending on ...

$KO TOP 20

Is like clockwork, it rose into earnings as the report was expecting to be good, as always, and now declining as expected from our chart at the weekend. Back down to Wave C at the 0.618 Fib at $60.71 would be a very good position to consider a buy...

$DAL

$AAL and $LUV posted this morning, $AAL reported a profit and $LUV posted a negative report, on the the weakness of sales which I spoke about earlier. $DAL and $AAL are both up now on strong guidance too. $DAL has so far held the 0.88 Fib and abov...

$AMZN TOP 20 UPDATE

Earnings after the close today, its moving well today after the other Mega Cap stocks posted 'beat' earnings, watching for a break and hold above the 200 Day MA which it is just at now and into the bull case at $110. So a good earnings and this sh...

$AAL

American Airlines also has their earnings due before the open today, this setup is very similar to $DAL and like $LUV too, a break out of the channel and there is potentially a lot of upside, if you compare to the highs of 2018, $AAL is substantia...

$LUV

Earnings before the open today for Southwest. I have been watching this since the start of 2021, monitoring the downward channel, waiting for a change in the trend and it still has not come yet....their big issues around Christmas time, which resu...

$NOW - RC -

$NOW has not missed an earnings beat since 2018 and yesterdays beat was no different. The pullback in October came all the way back to the 0.78 Fib level and bounced very well and structurally looking very good for the green impulse wave.

My...

$IQ - RC -

Significant pull back over the last 3 years, bringing down the valuation to reasonable levels and improving the fundamentals greatly. It is possible that the bottom is in here and we are watching for a Wave 2 pull back now, I have set the Wave 2 s...

$NEE - RC -

Likely still in its corrective count now and still a bit more to pull back to complete Wave C before continuing higher, I would need to see Wave C come down to at least the 0.5 Fib at $68 in order to show Wave C finishing but right now, I can't se...

$FCEL - RC -

The last few times I uploaded $FCEL, I issued a concern that the price action could not stay above the wedge and it needed to hold the bottom of the wedge line next, it has not done this and it is in trouble now. I have two trend line supports bel...

$PEP

At the start of Feb was the last time I uploaded the $PEP chart and it could not have worked out any better if I tried. Before and after.

$BABA

The bleeding has stopped today, the daily RSI is just at 30 and has held at the 0.88 Fib above $82.26. Three good indications to be optimistic about, on a day where there was a lot of red, this stayed green.

$BABA will need to show strength ...

$HD TOP 20 UPDATE

Some of our savvy traders caught this very early when it rejected at the 0.38 Fib and it has not looked back since, very strong rejection, losing both the 50 and 200 Day MA as well. I will add the subwaves once Subwave 1 completes and shows signs ...

$NIO TOP 20 UPDATE

Just $0.27c away from our buy zone, very little to add to this chart apart from we are expecting to see a bounce at some stage for Subwave 4, Subwave 3 looks nearly complete. At the opening this went to $8.20 and got rejected immediately and has b...

$SE

I do like the structure of this $SE chart, hit wave 1 nicely and has come down as expected since, the Fib levels of support are as shown and the Wave 2 spot is still the same at the 0.618 Fib. Earnings are due on the 16th and if they are as good a...

$BAC

Like $JPM, $BAC is not having a good day and has not built on the momentum it got after its earnings, the $FRC issue and the potential take over from the government has worried investors again. Comfortably below the blue line now and I would like ...

$SNAP - RC -

Earnings after the close tomorrow. This tends to move a lot after earnings so I expect more of the same tomorrow too and on Friday. From the chart today, we can see that it has dipped down out of the wedge, it has retested the wedge line again and...

$DNA

$DNA dipped below the price range today that it has been in since the middle of March.....there continues to be selling pressure in spite of the enormous amount of shares that $ARK and its funds have been buying. Below $1.17 and this should reach ...

$MSFT TOP 20

Excellent earnings. When $MSFT failed to compete with Google Chrome with Bing, it expanded its business to include, Cloud services and Gaming, it became one of the market leaders here and decided to make another attempt at internet browsing by acq...

$COST TOP 20 UPDATE

First attempt at breaking out of the wedge has been rejected so far and the RSI is showing a downward trend, it may attempt it again. Just below the 200 Day MA now and the 50 Day MA is at $492, if it loses $492, we would be looking for another tes...

$ADA

I have added in the Subwaves now for Wave 3, the pullback came down to the 0.5 Fib and held nicely and found support at the 50 Day MA on the daily too, as always we look for 3 waves in subwave 2, an ABC count, so I would not be surprised to see th...

$TSLA TOP 20 UPDATE

Another difficult day for $TSLA, hitting a low of $153 today, subwave 3 will look to complete very shortly, if it hasn't already and we are expecting a relief bounce here. Between the 0.5 Fib and the 0.618 Fibs is prime wave 2 territory and this i...

SFOR - LSE -

Very large decline here, came all the way back to the previous lows of March 2020. I would like to see the bounce here to complete Wave B in red before moving down to complete Wave C, alternate move is sideways through the blue range lines for an ...

$CL1

This is the same chart I uploaded of $CL1 a few months ago and still the same but I have added a count if the pull back ends sooner, the 200 day MA is keeping this down for now so unless that is flipped to support, the down trend is likely to cont...

$DAL

$DAL has pulled back with the market over the last few days, back into the bull flag and just holding at the 0.78 Fib, this is a stock that I have bought lately and not a stock I am concerned about if it pulls back, the 0.88 Fib is underneath and ...