The Long Investor

$AAPL TOP 20

$AAPL has an ascending triangle forming under $233 and this level has been tested 3 times now, each followed by a higher low

Last week the price also used the 50 Day MA as support too and bounced well.

A break above $233 next and the previous ATH level at $237 is next, a break and hold above $237 and $AAPL is into the melt up scenario.

$TLT - WATCHLIST -

A reminder of the big picture here

$TLT was at $179 in 2020 after the Covid crash and dropped all the way to $82 and only at $94 now

During this whole pull back, the 50 WMA kept the price trending down

In July '24, we got a break out above the 50 WMA and now we are getting a retest, which is what we always want to see

A hold here and the price can resume moving higher to the Mean Reversion Zone above $106 and the 200 WMA is at $114 right now

We are very early her...

LESSON - FUNDAMENTAL ANALYSIS - RULE OF THUMBS -

I mainly use FINVIZ.com to find fundamentals and SimplyWallSt is also a good source to find past and future revenue and margins

It can also tell you some insider buying and selling and who are the majority shareholders.

Fintel.com is also very useful.

Company reports are also a great source, each company will have an Investor Relations section on their website with all of they publicly available reports, it is worthwhile familiarising yourself with these, it’s ...

$MBLY

$MBLY is at confluence level now, holding on the larger 1 Fib and the pull back 0.618 Fib from potentially finding the bottom at $10.50 at the start of Sept.

If the price can hold here then it can bounce higher and make an attempt at converting the 50 Day MA to support, if the bulls can do this then we could see Wave 3 next which would bring this back up the $16 target

So we want to see a series of higher highs and higher lows here next.

Fundamentals are still not great but ...

$PSA - RC -

Continues to move very well in our impulse Wave 3 here, I believe this Wave 3 is not complete right now and we are getting a subwave 4 of Wave 3 pull back right now

I think this will then continue moving higher to our Wave 3 target at the 1.618 Fib at $383 before needing a Wave 4 pull back

No changes to this chart, this Wave 3 has been immaculate.

$COIN

I always get a lot of requests for $COIN even when it doesn't need an update but this used to happen a lot with Crypto mining charts too.....people who have only started investing tend to gravitate to these stocks and crypto so there is an over eagerness here all the time.....so the more you learn how to read charts the eagerness tends to dissipate a bit, so take your time.

$COIN is moving well today and holding above the 0.5 Fib now but the price is still below the 50 and 200 Day MA, $...

$LULU - WATCHLIST -

I think there is a move coming here for $LULU

Consolidating very well here since holding support on the 0.618 Fib at $244 and the larger 0.618 Fib at $226, making this a double 0.618 Fib hold

We know how bullish this has been lately

A break above the 0.5 Fib at $281 and we could see this move quickly up to the 1.618 Fib at $322 to complete Wave 3

Watch closely.

$LYFT - WATCHLIST -

We knew something was brewing here but what I didn't connect was how the $TSLA 10.10 event would be the possible catalyst for this to move higher like it is today

All the chart was telling us was that it was ready to move higher as it stays on the outside of the wedge and retesting the level a number of times

What this should have told us was that $LYFT needed more information.....and the 10.10 event provided that

Price is moving up to the 200 Day MA now at $14.30, flipping ...

$IWM - WATCHLIST -

Continues to hold on the outside of the wedge and above the 50 Day MA, making this a hold on the confluence level

Impulse Wave is still valid for Wave 3 and we can see that Small Caps are still lagging the wider market and the $QQQ

We are bordering on pushing towards the melt up scenario in the market but this is before the earning season gets into full swing next week, so there is still some variables at play right now

That being said, a 10% gain here to Wave 3 looks a stro...

$SOFI

Very clean breakout now through the $8.23 level and moving controlled.

A retest of the breakout level can come at any stage and it would be welcomed to show that this level has officially been flipped to support

But like I said before, staying above the $8.23 level and there is a low risk move up to $10.50 for the 1.618 Fib for Wave 3 and should go higher next for Wave 5.

$BA

$BA has made it to the confluence level exactly at $146

Also the moment of judgement for $BA, which was at $270 to start the year and now at $146

This has been beaten up and probably rightly so with a long list of errors over the last 10 months.

Price needs to hold here now or a break down, especially breaking down followed by a retest of $146 will not be a good look as the price can easily fall down to its previous low at $112.....a price I would likely not be able to ignor...

$ETH

$ETH continues to consolidate in this triangle, which is fine for a Wave 2, the price is also holding above the 0.618 Fib at $2372 now as it moves sideways

There is clearly still risks here while being below the 50 and 200 Day MA and a flush down to the larger 0.618 Fib at $2100 can not be ruled out

Bullish signals we want to see is firstly, getting above the 50 Day MA and then out of the triangle at $2600.

$ETH is high on my priority list too to add here, I have a lot of $E...

$IQ

$IQ is exactly at the 0.618 Fib level now at $2.45, this is where the support needs to hold for me and any loss of this level and it is showing weakness

The other ADRs that we follow have not pulled back to their 0.618 Fibs jusT yet, so already $IQ has pulled back further

A break down of $2.45 and its back down to the yellow support line again below $2.20

Holding here now will be bullish for me and a move up to the 200 Day MA at $3.70 is possible next.

SILVER - SAFE HAVEN -

Silver is my main safe haven for a reason, the chart is easy to ready, support/resistance levels are clear and it is moving in the right direction with very little surprises since we added at $24

I don't doubt my chart

And the brief remains the same here, hold SILVER until the market completes its correction

We are still in Wave 3 and unless you feel like adding above $30

I suggest you forget about this and come back to it in a few months

$AMD TOP 20

Bit of a buy the rumour, sell the news event for both $AMD and $TSLA yesterday but in $AMD's case, we just got a retest of the 200 Day MA and the $164 level, unlike $TSLA which is showing more weakness.

$AMD we know needs to hold above $164, we have been talking about this level since Jan '2024

I am not concerned with another retest of the $164, I talk about seeing firm confirmation of support and a number of retests give us confirmation

So I am certainly not touching my pos...

$NIO TOP 20

I am very happy with the movement here from $NIO, all very controlled and moving in the right direction

This is the 1hr chart so we can see the movements in better detail so disregard the 50 and 200 MA's

What we want to see is a lower low next below $5.98 and this could trigger a further movement down to the 0.5 Fib at $5.66....once this level is tested, we can start to consider scaling in when support is found

Consolidating between the 0.5 - 0.618 Fib levels will be the bes...

$TSLA TOP 20

From the response online, it appears that $TSLA underwhelmed at the 10.10 event, as a long term investor, I was not underwhelmed.....they have set forward 3 important products that I think are going to change the world and I am especially impressed with their Optimus product.....its a substantial break away from being 'just' a car maker label.

Also, I view companies as potential buy and holds for long term and $TSLA is doing all the right things

Yes, it may take up to 2 years for...

$ZS - WATCHLIST -

Consolidation can sometimes frustrate people because it can almost feel like an entirety when a price just stays in a tight range without taking a direction but this is when you zoom out

Clearly we can see that this consolidation period took place along the 0.618 Fib at $151, after a 3 wave move down for Wave 2

If the price is going to consolidate and build up strength anywhere for Wave 2, this is where you want to see it happen

Since then, the price has jumped up to the 200...

US 1O YEAR

US 10Y continues its climb higher as briefed from the last update, I believe this will continue moving higher in this aggressive bounce until the 200 Day MA at 4.17% and I believe it will be met with some resistance

A rejection here and we can assume that the trend will continue down lower to the Wave C target

The bounce so far has not been impulse in nature, it looks corrective in a downtrend.

The finance stocks we upload regularly should benefit from a rejection at the 20...

$HASI

Retesting the ascending triangle top line again from above, $HASI moves slow so it doesn't get the same attention as a stock that regularly moves 3-5% in a day.

Higher highs are still being observed here and the Impulse Wave count remains valid, with the Wave 3 target at the 1.618 Fib at $48.50, if $34 becomes a solid support, I believe this moves higher.

$BIDU

$BIDU has been moving very well here and we can clearly see on this chart that we have 3 waves pulled back since the Wave 3 level completed.

Also and most importantly, so far holding on the 0.38 Fib

The 200 Day MA is just below aligned with the 0.5 Fib so this level can not be ruled out but adding here on this level right now is a strong consideration for me

But I will not have any issue adding if this goes lower, so if I add shortly, please consider that our strategies ma...

$SNOW

I am starting to see a lot of chatter about $SNOW online now so I am uploading this chart again

There are no changes here to this chart, the blue support line at the bottom has not changed, nor has the commentary

Price is certainly testing and reacting positively on this support line and above the 50 Day MA now, we are likely in a very small subwave 3 now, so there is still a lot to run here before any ABC pull back, which is where I would be recommending to look at adding, not be...

$HIMS

I don't believe this pull back count is complete yet which is why I added the Fib support levels on the previous chart upload

I think $HIMS can pull back in 3 waves to at or below the 0.5 Fib at $16.77, where the 50 Day MA is now and the yellow trend line....this movement will also bring $HIMS up to its earnings report due date

So we could see a hold at the confluence range between $16 - $16.77 leading to earnings and if they beat on earnings (which I expect them to beat strong) t...

$DKNG

Very nice here from $DKNG, since Wave 5 completed, we got a pull back exactly to the 0.38 Fib and then a bounce to the 50 Day MA and a clear rejection with a number of tests.....I want to see this continue to reject and then pull back further to a lower low, between the 0.5 Fib and 0.618 Fib at $35 - $33

The 50 Day MA is just slightly above the 0.5 Fib so this level must be watched for support too.

$PINS - RC - WATCHLIST -

You gotta like this set up right here

One big reason, when Wave 5 completed in June, there was a large and fast sell off and it went exactly to the 0.618 Fib at $27 and held support

Since then it has been moving very well in an impulse wave

And we have a higher high and higher low so the Wave 3 - Wave 5 targets are now set.

The 1.618 Fib level for Wave 3 is close to the 200 Day, so this is a confluence range now and I expect the price to continue to move up here.

$CLSK

No signs of reversing here yet as $BTC continues to consolidate below the 200 Day MA.....which makes $MSTRs move even more impressive

I think $CLSK will continue to stay in this range under the 0.618 Fib until $BTC shows some bullish signals, one being able to hold above the 200 Day MA

We can also see here that the 50 Day MA is at the 0.618 Fib, making this a confluence level, so this level needs to be flipped to support before we can consider that the pull back is complete.

$LI - RC -

It has been awhile since we last uploaded this and remarkably there are no changes to the count

We have added in the White Fibs levels now to show were this Wave 2 pull back can potentially hold

Like I have always said, the Chinese EV sector won't show signs of reversing until $LI takes off and it has started now, a higher low on the 0.618 Fib now at $22.60 would be perfect as the 50 Day MA is moving up to this level.

The 200 Day MA is at the 0.38 Fib, so we need to watch fo...

$SE TOP 20

Still no changes to the chart, price continues to test the Wave 3 target level at the 1.618 Fib, as always this is where we want to see a pull back for Wave 4 and move down towards the 0.38 Fib at $80, where the 50 Day MA is there waiting right now

Wave 3 has jumped from $55 to $95, so a pull back is due now.

$NKE TOP 20

$NKE has so far found support on the 50 Day MA which is also the 0.5 Fib too

Big test for me is staying above the $82 level as this is an historical support line, so far it is looking like it can hold this level and earnings are out of the way now, they were a beat but it had a caveat.

We bought last week at this level, so this is where I like it as an entry, I also like the look of the impulse wave too and there are no changes here.

HSI

Ok the big question now is whether or not Wave 4 is now complete.

• I have white circled the area we need to evaluate:

• There is arguably 3 waves here

• It happened over a total of 2 days

• The price pulled back and held on the 0.38 Fib and bounced with a higher high and higher low

• This is what you want to see from a hold of support and recovery

So there is an argument here that Wave 4 is complete but it happen...