The Long Investor

$AAPL TOP 20

The two biggest companies in the world now $AAPL and $MSFT have been sending warning signals, $MSFT we know has been declining for nearly a year now and the market was able to absorb this decline and still push higher.....but now $AAPL has dropped from $259 to $216, out of the Bull Case, below the ascending triangle and below the 50 and 200 Day MA.

So this is weakness, there are no two ways to see this right now.

$AAPL will need to recapture its 200 Day MA at $224 to keep us from...

$NIO TOP 20

$NIO has been moving well this year and we have been seeing some positive moves that we have not seen in a long time here

Price has broken out of the downward channel, broke above the 50 and 200 Day MA's, there was also a test of the $5.32 blue line yesterday too.

Like I said in the last update, a retest of the 200 Day MA from above and holding at $4.72 or recapturing the blue support line at $5.32 are both bullish scenarios we would be happy to see next

$ACHR - WATCHLIST -

$ACHR bounced strong yesterday and finished up nearly +10%
We can see on the chart that there is a very clear 3 wave pull back......which is a common sight on many charts right now....but most importantly, price also found support on the 0.618 Fib at $6.54 and bounced.

We know that the 0.618 Fib is the standard support level for an ABC pull back, so this is a good sign that a reversal can come next

We are also in a descending wedge too....another bullish signal.

A break ...

$SPY - 2008 CRASH EXPLAINED -

It is a good idea to see what happened in 2008 with the Great Financial Crash to understand what is happening right now.....and we can clearly see how important the 50 and 200 Weekly MA's played a part in guiding the market.

Follow points 1 through to 4.

This all happened before the collapse of Lehman Brothers, which many believed was the trigger in Sept '08, but we can see that the 50 WMA was first lost in November 2007.

The decline then lasted until the second week in Mar...

$SNOW

$SNOW was a top pick for many funds on Wall St to perform well in 2025

It did not make our Top 10 list but we have been sharing this chart and showing that it is in Wave C now

Since the market has started its pull back, $SNOW has followed it too and has already dipped in between the 0.5 Fib and 0.618 Fib range, where the 200 Day MA is now.

If there is going to be a market recovery, $SNOW needs to hold above the 200 Day MA at $142 and it can continue moving up as projected to...

$RDDT

We identified last week that $RDDT was in a clear ABC correction and the price has now dropped down to the 0.618 Fib and 200 Day MA just slightly below at $105 and has already bounced on this confluence level and jumped +30% since hitting our Wave C level.

We are seeing a lot of charts like this right now who are very close to their 0.618 Fib Wave C level.

If we can see $RDDT making a series of higher highs and higher lows next, because right now we only have 1 wave bounce, then ...

$PLTR TOP 20

$PLTR has recovered the important 0.38 Fib today which is where we believe Wave A has completed and have been expecting a bounce for Wave B next.

Since the Wave A overshot the 0.38 Fib, the Wave B range moves slightly..... and isn't it fitting to see the 0.5 Fib align with the $100 level at the 'Delusional Level' now.

I think a bounce into this range and rejecting gives holders a very lucky area to trim and wait for the Wave C pull back....because right now I only see one wave dow...

$BIDU

Some are likely wondering what is the cause of the pull back today but as we know $BABA and $BIDU have been performing very well in March as the US market has shown a lot of weakness, so a bounce today for the US market is likely a perfect time to let off some steam for the Chinese ADRs

We can see clearly on the chart what is happening with $BIDU

And it is a simple test of the 200 Day MA from above.

Back in the middle of Feb, when the price broke above this MA, the price did...

$ELV - RC -

A number of requests for this but there are no changes to the chart, for me this is a bounce for Wave B and I would expect a further leg down as shown to complete Wave C once there is a test of the 200 WMA and a rejection.

The impulse wave higher was perfect, so I have no reason to believe that this corrective wave would not complete.

Once Wave C is confirmed you are looking for a hold in between the 0.5 - 0.618 Fib range between $341 - $288.

$SPOT

$SPOT went parabolic post earnings and I gave one simple instruction, do not chase this, it was the same instruction given to $HOOD

Both companies have pulled back very well, $HOOD has nearly completed its ABC correction.

$SPOT has run so aggressive that it hit its 4.618 Fib, somewhere you NEVER want to enter.

Price has already lost the 50 Day MA now and moving to the 0.38 Fib at $431, where I would expect a Wave B bounce.

As I have said many times before, I want $SPO...

$SHOP TOP 20

$SHOP is bouncing to the top of the Buy Zone today, which is also the 0.38 Fib and the wedge top line at $99.

A break above this level and the pull back is complete for me, a rejection at $99 and there can be another pull back and the 200 Day MA and the 0.618 Fib between $87 - $80 will be the target support range.

A hold above $99 and the Wave 3 target comes back into play at the 1.618 Fib at $159.

US 10 YR

10YR is digesting the CPI data released today and is deciding on its next direction

It is not a surprise to see the 10 YR at a very important junction leading up to this data release today

Price is sitting right on the 200 Day MA in between the 0.5 Fib and the wedge breakout line

A direction has not been taken yet since that data came out today, which was cooler than expected

A cooler CPI does mean that the economy is slowing down, which may force the FED to reduce rat...

$SOFI

There was a very positive response to $SOFI the moment CPI came in cooler than expected earlier and jumped +7%

This bounce is on the 0.5 Fib, the 200 Day MA and the green support line.

I shared earlier that a number of finance stocks we track are moving into undervalued territory once they find support and some exposure here is encouraged.

$SOFI and $PYPL are my two picks, but $XYZ, $NU and $AFRM should be explored too.

I will be watching for a response here and a mov...

$PYPL TOP 20

Some consolidation now above the 0.618 Fib after a 3 wave pull back and along the blue support line

Remember we are in the Buy Zone, so I do believe the price is undervalued here with a margin of safety, both fundamentally and technically.

RSI is also showing a recovery too on the daily chart and starting to move out of the extremely oversold territory to 30

These are bullish signals

A hold above $69 and I believe this can move higher next

I do have a sizeable po...

$NU

I think there will be an opportunity with $NU soon once the price drops down into our Buy Zone and can hold support on or above the 0.618 Fib at $8.20

A lot of the disruptive finance stocks are getting strong pull backs right now but they are all moving in a standard ABC corrective wave which is a good sign.

We already have a position in $PYPL and $SOFI but $XYZ is dropping into the Buy Zone and and $NU looks set next too.

So wait for support to be found but I do believe yo...

$TGT - WATCHLIST -

If $TGT was at this price at $113 at the start of the year it would have easily made my Top 10 list for 2025 but because it was struggling to find support it did not make it and the price was at $135 at that time.

But now, it is almost too low to ignore now.

Let's look at the facts:

• Price is at $113, 200 WMA is at $170

• Price is at the last Fib support level 0.887

• 5 Year low level is at $103

• 3 wave pull back

• 2025-03-12 12:06:01 +0000 UTC View Post

$NVDA

We are looking for the market and the Mega Caps to retest their own respective 200 Day MA's next, which will tell us if there is a rejection or if they can be converted to support

$AMZN is already at its own 200 Day MA now in the PM and on the $TSLA chart I just shared, there is a route back to $274 for $TSLA next to its own one.

$NVDA has more work to do, it will need to get back into the wedge at $118 and then run to $128 to test its own 200 Day MA....this is a +16% jump from ...

$TSLA TOP 20

It has become quite obvious now that $TSLA has been deliberately targeted to sell off because of Elon's heavy involvement in the Trump administration....which is why Trump went on the offensive yesterday and paraded $TSLA vehicles in front of the White House .....the market did not react overly bullish about this but it may be digesting this impact today and for the rest of the week.

So far there is a test of support on the 0.78 Fib at $214 and bouncing, I believe the market will retest...

$OSCR - TOP 10 -

Flushed down -13.5% at the opening yesterday which we felt was uncalled for on the back of very little news or an announcement, we assessed that it was likely a stop loss raid because of the percentage decline and we stepped in and took advantage....we are already +8% up on this buy but that is not our main objective, we are managing our average by adding where we are comfortable (by keeping within the dimensions of the wedge) and focusing on long term and breaking out above $17.

We can...

$HIMS

Interesting day yesterday, a strong bounce at the opening out of the descending wedge and the price action tested the large red 0.5 Fib at $37 from below....unfortunately this was met with a strong pull back but there is a positive, the pull back finished on the outside of the wedge, which is not a bad sign right now, meaning this is a retest of the wedge breakout

If the price drops back down into the wedge then we can expect the Wave C target to test the standard 0.618 Fib at $29. 2025-03-12 11:32:20 +0000 UTC View Post

$NKE TOP 10 & TOP 20

$NKE is now in the sweet spot.

Price has bounced on the blue support line at $70, ran up to the 50 WMA and has pulled back in 3 waves and is sitting on the 0.618 Fib now at $74.

This has been the perfect movement so far and this is where bulls want to see support.

A lower low is still valid but the 0.618 Fib is where Wave 2 should be held without showing weakness.

If a hold comes now above $74 then another attempt at breaking out above $82 at the blue line and the wed...

$BABA TOP 10 & TOP 20

$BABA up another +5% today and has a higher low in now too.

All pull back continues to get bought up, a mixture of being undervalued and a flight to safety out of the US positions...especially after Citi's announcement today that they are bearish US positions and Bullish China.

Until there is a higher high above $145, a flush down to the blue support line for a retest is still possible, only at this point and holding would I consider adding, otherwise I will let this run to the 1...

$AMZN TOP 20

One of the first Mega Caps to retest their 200 Day MA from below today at $200

So far the level has not been flipped to support but likewise there is no rejection here yet either

This will be important as it could be a signal into how the market will behave at its own retest of its 200 Day MA.

$AMZN flipping $200 is support and holding is certainly a bullish indication in the short term.....rejecting and we know what's next, more downside