The Long Investor

$V TOP 20

Very little to add here too, parabolic move now towards the 1.618 Fib at $366 which has been locked in now for a number of months.

Entering now is not advisable and waiting for a Wave 4 pull back is the sensible approach.

What triggers this Wave 4 pull back will be very interesting

Its Wave 2 was perfect to the 0.618 Fib, the Wave 3 is perfect moving to the 1.618 Fib, so we must assume that the impulse wave will continue to move perfect next.

$TSLA TOP 20

I do not think anyone is surprised to see where this ended up this week, exactly on the $355 level that we have been watching for the last few months.

Price dipped as low as $325 but bulls started adding in below the 0.38 Fib and this appears to have been a good area to accumulate.

The $355 0.38 Fib has not been converted to support yet, this is only a test of this level, we would need to see a bounce followed by a retest of this level to confirm that $355 is a confirmed support l...

$NKE TOP 20

$NKE has had a good week, bouncing from a low of $68 and finishing the week at $73. The monthly MA was not tested at $65 but it still can not be ruled out yet either.

Price is back into the Buy Zone and I have shared my Long Term Projection here a number of times and it can also be found in the Collections folder.

I like the risk v reward here for long term and our Buy Zones are typically good ranges to accumulate with a DCA strategy.

$MSFT TOP 20

$MSFT finished the week at the $408 level exactly and was looking like losing this level to finish the week

$MSFT lives to fight another week and if the Market can break out above $610 then this could help $MSFT move sideways for another few weeks too but I think a correction here is inevitable and this pull back is not a buy for me in this current set up.

$AMZN looks a better option right now.

$ETH

This is the same chart I shared 3 days ago, with no changes.

We have a hold on the 0.5 Fib at $2522, followed by a breakout of the channel, followed by a retest of the channel from above and also making this another higher low and now we have a higher high in.

These are the bullish indicators we needed to see.

Final test will be making a higher high above the green line at $2915 and the reversal is confirmed for me.

The 200 Day MA is moving to this green line too (char...

The LIT Sunday News

Inflation Concerns Resurface Amid Market and Political Uncertainty

Inflation and Market Reactions

January’s CPI inflation reading was worse than expected, showing a broad-based increase in prices.

• Shelter inflation remains a key driver, with both imputed and actual rent increasing.

  2025-02-16 20:39:49 +0000 UTC View Post

$GOOG TOP 20

$GOOG is still holding the bottom line of the channel at $186 but it was making tough work of it during the week, price is also below the 50 Day MA and the $193 level so bulls have work to do.

$GOOG went from being one of the most bullish set ups out of the Mega Caps to now fighting to hold support

DeepSeeks impact and the number of other Chinese ChatGpt's mentioned over the last week, including $BABA's own has likely played a part in influencing $GOOG here, I have found myself u...

$DIS TOP 20

Nothing to update here, a drop down below the 0.38 Fib at $106 and I will confirm Wave C and this should be dropping into the Buy Zone to test the 200 day MA at $100.

A hold however on the 038 Fib is a typical indication that we are in Wave 4, since we already have a 0.38 Fib and test and bounce for a potential Wave B to a higher low....I can not confirm which direction this can go next.

For me, this is not a buy until the price drops into the Buy Zone, there are better opportunit...

$BTC TOP 20

There is very little to add this week, the price is still above the important Green 2.618 Fib at $95.1k
Still holding between the 0.618 Fib and 0.78 Fib range and holding above the descending wedge breakout level.

The only bearish indicator I see here is that the price is still below the 50 Day MA but we do have a 3 wave pull back here and have made a higher low since Wave C completed

Bulls should stay committed here and as long as support is held, this will likely move higher...

$BABA TOP 20 & TOP 20

We have had 6 weeks to remember here, from $80 to $126 and finishing the week above the $121 range top line was the icing on the cake.

My third largest position jumping +50% over a short period of time, coupled with the astronomical returns of my largest position from $HIMS has made this week my most successful week ever....not to mention the majority of our other positions posting strong returns this week too and our recent buys.

But we must keep going and victory laps should be ...

$AMZN TOP 20

In last weeks update I said that a pull back to the 50 Day MA slightly above the 0.618 Fib is the likely direction next and that is exactly what happened this week, the price then held on this MA to finish the week.

The $SPY and $QQQ are testing their top lines now and could break out from a positive reaction to $NVDAs report in about 10 days.

I think this would allow $AMZN to bounce on the 50 Day MA and complete Wave 5.

I am not seeing weakness here, I am seeing a retest of...

$AMD TOP 20

The last 2 weeks have been slow but the bleeding has slowed down too, this week reported a higher low and a test of the 200 WMA from below

So far it is only a test, there is no recapture and no rejection at this level either.

Price still needs to flip $115 to support for us to feel more comfortable of ruling out a move down to $91.

Holding above $115 and this is a big win for bulls and I believe $164 is next then....$NVDA reports shortly too and I am expecting it to be a bea...

$ABNB TOP 20

$ABNB got the move this week we were waiting for and I covered this in detail every week for the last few months, waiting for this break out.

A very strong breakout has happened too and I don't recommend chasing here unless there is a pull back, so I have added the pull back levels now in green.

Ideally a pull back to the 200 Day MA, in between the 0.618 - 0.78 Fib levels would be perfect to see a hold here, between $140 and $133, holding here and I believe continues moving higher...

$AAPL TOP 20

$AAPL finished the week back above the blue support line, above the top of the ascending triangle line and 50 Day MA at the 1 Fib at $239.

This set up favours the bulls now after holding above this very strong confluence range between $237 - $239.

As long as $AAPL continues to hold above this level then the Melt Up level at $271 comes into play or even higher at the 1.618 Fib at $286.

$BYON

A lot of people looking for $BYON, $GRAB, $OSCR, $SOFI this weekend, I know people are eager to find the next 5 X bagger....they won't all hit like $HIMS and $PLTR but we'll watch all the set ups and take a position if the risk assessment is there for more upside.

$BYON is on the cusp of breaking out of a 3 year descending wedge....very similar to $NIO....a break and hold above $9 and the next test is the 50 WMA at $13.90, clearing this level and the 200 WMA is next $34.

Rejectin...

$EL

This is not the chart I shared on X, just the text below....there is a clear disconnect from the share price and its fundamental and technical set up here....at the very least a relief bounce is next shortly.

TWEET:

Why did Burry buy $EL?

It's 200 WMA is at : $208

Its 200 MONTHLY MA is at $119

RSI on the MONTHLY is AT 26.

This company is in the S&P 500 ...

EARNINGS FROM NEXT WEEK

Remember the market is closed on Monday due to a Bank Holiday for Washington's Day.

Important earnings this week for our group, particularly $BIDU, $IQ, $OXY on Tuesday and $BABA, $WMT, $XYZ, $NU, $BKNG and $RIVN on Thursday.

$PYPL TOP 20

I added yesterday to my position and I am considering adding again next week if the price continues to hold above $75.

- Bullish Technical Set up

- Subwave 4 pull back

 - -42% below its 200 WMA (technically extremely undervalued)

- FWD PE of 13

- Profit Margin +13%

- $20 Billion share buyback program authorised. (20% of the company's Market Cap)

$BABA TOP 20 & TOP 10

Saturday morning inspiration.

$VSCO - WATCHLIST -

Bringing this back to your attention because of the remarkable similarities to $PYPLS set up right now, which I did add today.

If you are not a fan of $PYPL, then $VSCO may be more suited.....both are holding on their 0.5 Fib levels so far.

So as long as $32 holds here, I have Wave 5 at the 2.618 Fib at $60.

$SMCI

We have to count as the theory states, regardless of how we feel about $SMCI.

Wave 2 held on the standard 0.618 Fib, and in a descending wedge, followed by a breakout of the wedge and breaking above the blue resistance line.

Earnings are out of the way and have shown that they are still undervalued

A break next above the green line at $49 will give a higher high and Wave 3 is confirmed for me to the 1.618 Fib at $75.

The only concern here is a rejection at the green l...

$GRAB - WATCHLIST -

The original chart already had the First and Second Targets on it and this was uploaded in late 2024 before the breakout above $4.

Now I have added in the impulse wave and I believe we are into Wave 5 now

A solid hold on the standard Wave 4 support level on the 0.38 Fib and the First Target has allowed this to bounce higher and go above the 50 Day MA.....I believe the Second Target is next and above this level this should go to the Wave 5 target at $7.53

$ACHR - WATCHLIST -

I added this week and very happy with our entry, we got the retest of the triangle on the 50 Day MA and holding, so we executed....a break down below $9 and we need the 0.5 Fib to hold at $7.71 or the structure is looking weak.....but we are nowhere near that now.

We have a higher low now so just need a higher high next above $10.59 and the trend is confirmed to the upside and my Wave 5 target is at $18 at the 2.618 Fib.

Let the price action work now.

You are also still ear...

$NIO TOP 20

It's been slow but it is moving in the right direction and continues to hold support on the 0.887 Fib above $4.07

We are also above the 50 Day MA after todays move and the 200 Day MA is at the trend breakout level now at $4.80

This is the important level to breakout of and hold now.

Bulls need to step in, the HSI and ADRs are moving strong....even $IQ is taking advantage, $NIO needs to follow now.

$BLDE

Nice bounce on the ascending triangle bottom now at $3.35 and on the 0.887 Fib and we can see that the price action has recaptured the 50 MA on the 1hr chart, we need it to keep moving higher and take the 200 MA on the 1hr chart which is exactly at the first resistance/support line at $4 now.

Above $4 and I think a lot of members will feel more comfortable and believe that there is more upside.

I have no issues believing this right now.

$HIMS

Short squeeze has continued today and we have a high so far at $64.84....and as I right this there is some cooling off.

We have run to the 2.618 Fib at $62 which is certainly extended for a potential Wave 3

I am still of the believe that this is still in Wave 3 but it has gone parabolic now, we will need to see a pull back shortly in 3 waves to confirm that we are in Wave 4 next

Parabolic moves can destroy an impulse structure so although this feels great right now, I would...

$PYPL TOP 20 - WATCHLIST -

Folks I think there is a sweet spot right here holding on the 0.5 Fib at $75 and above the 200 Day MA

Worst Case scenario there is a bounce for Wave B to $85
Best Case scenario is that the bounce runs up for Wave 5 to $111

Either way, I see a bounce next.

Daily RSI is at 26 too.

Remember this is what we took advantage of when $AMZN, $GOOG and $NVDA pulled back last year and all three have been profitable for us....$AMZN gave us a +50% gain from this approach too....

$DKNG - REPORTED YESTERDAY - WATCHLIST -

Earnings was a double miss and pretty bad on the EPS (-68% off estimates) but they had an upbeat guidance and the market loves it

So much so that we have a clear triangle breakout which I spoke about during this weeks update.

Price has not broken above the 52 Week high at $49.57, so this is the last resistance level in the way from moving up to the top blue line at $74.

A move up to $74 is Wave 3 for me and the target as always is the 1.618 Fib which is at $93.

The bu...

$AFRM

Wave 5 looks locked in now and the price action continues to behave strong and I believe this can continue to move up to our Wave 5 level at $90

I made a video about $AFRM a few months ago, I think it's time to carry on from where we left off there and show how we were able to find this impulse wave and Wave 5 target.

$AMAT - REPORTED YESTERDAY -

$AMAT beat but we already have this in an ABC correction and the price is down again nearly -5% in the pm now

We can see that the 50 Day MA is being tested here too and losing this level and the 0.38 Fib will be tested at $163, as it was in Dec

Holding this level and the bulls can bring this up to the blue line again, as the 0.38 Fib is a Wave 4 support level....but losing this and it's into Wave C and down to $134 next

This is not something I would be considering right now...