The Long Investor

$CELH

Getting its pull back now after a monster +30% jump post earnings last week

Green fib levels reflect our expected abc pull back and we can see that the 50 Day MA is in between the 0.5 - 0.618 Fib level range between $26 - $27, so this will be the area of interest for its pull back.

A higher low now and holding above the 50 Day MA will attract buyers back here and a bounce next for Wave 3 could bring this to the 200 Day MA at $42.

$TSLA TOP 20

$355 has rejected for me now, so the 0.5 Fib comes into play at $313, there is a lot of support between now and infringing upon the Top of Wave 1 but bulls will want to hold the 0.5 Fib at $313 at this stage.

I am also seeing a 3 wave pull back here too which aligns with a Wave 4 pull back.

$BTC TOP 20

A Wave 4 pull back holding on the 0.38 Fib at $86k, amongst a very strong confluence range does not scream bearish to me.

I continue to see this pull back in 3 waves which means the overall structure remains in an impulse count.

The 200 Day MA is also in between the 0.38 Fib and 0.5 Fib too to offer further support.
And most importantly, the daily RSI is at 25 now, this is not where you would expect to see the Top.

I continue to expect one more leg up to complete Wave 5...

$ETH

This will be the easiest commentary I ever write:

We are under the 200 WMA, accumulate.

I will be adding.

$OSCR TOP 10

There is a lot of red in the PM now so I want to make sure everyone is still on message with our regular charts.

We were expecting an ABC pull back here and this is likely what we are getting now

The small green fib levels is where we want to see support, which gives us a higher low.

A higher low and $OSCR can bounce next and make an attempt at breaking out of this descending wedge next at $16.30.

So for now, we do very little until support is found...once this is foun...

$HIMS

Earnings are now out, they double beat but the market did not like it.

To sum up very quickly: They have guided almost +50% higher for the end of 2025, which includes not taking into account any sales of GLP-1 Semaglutide after Q1, which accounted for around 30% of their revenue....so the Street is simply saying: We don't believe you.

Which is not a big surprise considering they have been trying to bring the share price down for the last 6 months.

Revenue has increased: +95%...

US 10 YR

Another -0.8% drop today and this further guides us into believing the market can still melt up and complete Wave 5.

We want the US 10 YR NOT to hold the Wave C level above the wedge line and we want the price to drop down to the 200 Day MA and lose support....this will help the market

Finding support on the outside of the wedge and this can reverse and move higher and the market will struggle to move higher...so this needs to be watched closely this week.

$ACHR

In the last update of $ACHR I got ahead of the price action and spoke about this possibility that a retest of the 0.5 Fib is possible next, especially with market volatility and reassured that this is still valid as a Wave 4 pull back and we still expect Wave 5 to complete at $18, once the 0.5 Fib hold at $7.69

The commentary remains the same here, only below $7.69 would I be concerned that the structure is breaking down, bulls are still in control here.

$HIMS

Very solid bounce now on the 0.5 Fib at $43 and went back up above the 0.38 Fib at $50 and went as high as $52.72, this is a significant bounce and has the markings of a stop loss raid which ties up nicely with earnings due shortly.

I have added in the higher low fib levels that we want to see held now but after such a strong pull back since $72, we could have our Wave 4 pull back in now.

All we need to see next is a strong report and maintained guidance.

$ABNB TOP 20

Very nice pull back here.

A hold on the triangle breakout level will be the sweet spot.

We can also see that a golden cross is about to take here place too

So I am watching for a hold between $136 - $140 and I believe this can reverse higher next to the First and Second Targets over the next 18 months.

NESN TOP 10

NESN has bounced very strong from €72 to €87 since the start of the year and now back above the 50 WMA now too.

When we added this to the Top 10 list at the start of the year, we said that a return to at least the 200 WMA at €105 and this would be a successful safe haven and has a 3.5% dividend too.

So far it continues to do its job

We only have one bounce here so far, so once I see this ending, I can add the pull back levels to catch the next leg higher.

$ASTS

Volatility always brings opportunities and pull backs that we have been waiting for usually get triggered when there is excessive selling across a number of sectors.

$ASTS is a perfect example of this and we can see a nice pull back to our expected support level now

I would be watching for a hold between the blue line at $25.45 and the 0.618 Fib at $23.43

This has the blue support line, the 50 Day MA and the two important Fib levels, making this a confluence level

A ho...

$NIO TOP 20

I have shared this chart on X today to bring some positivity to those holders who have been in this for the last 4 years and continue to hold strong.

$NIO

Ironically very straight forward from here after a 4 year wait.

A break and hold above $4.81 and the 1.618 Fib is the next target at $10.65

What we don't want to see is another rejection breaking out of this descending wedge.

A bounce to the 1.618 Fib would be Wave 3 and we can see that the 2.618 Fib is at $14...

$SOFI

We are just waiting to confirm that Wave 4 has held above the 0.38 Fib and confirm that it is complete, then I expect Wave 5 to move up to $25.

I have said this a number of times now but things get very interesting for $SOFI once the price action can hold above the blue line at $25...with a potential move up to $45 if they continue to grow as expected.

Weekly Golden Cross is now in too.

$NU - Will be added to the Watchlist soon -

For the last year I have been sharing that $NU will complete its ABC correction and many could not see it but the chart was clear to me, we are now already in Wave C and I believe there will be a test of the 0.5 Fib next at $9.70 next....or possibly lower to the 0.618 Fib at $8.20.

The fundamentals are so strong here (attached) that I think this would be a very attractive buy when support is found when Wave C completes.

$RBLX - WATCHLIST -

I think $RBLX should be on many people's watchlist now, as this Wave 4 pull back has been nice and controlled, having lost the 50 Day MA now, this should allow the price action to drop into the sweet spot between the 0.38 Fib and 0.5 Fib, where the blue line range is at too at $53.

A hold between $58 and $52 and I believe Wave 5 is next which completes at $109, for a possible +100% gain too.

For this reason, it is worth keeping an eye on.

$BB - RC -

A number of requests have come in for this, likely due to the strong rejection at our Wave 5 level at the blue line at $5.75 and people are looking for confirmation that the ABC correction is next.

So far it is just a strong rejection with one wave down but after such a strong move from $2 to $6, I feel the risk is quite high now and an ABC correction to the amber fib levels next makes sense before it can go higher again.

The 50 Day MA is at the 0.5 Fib now, so this would be an ar...

$AUR - WATCHLIST -

I have been sharing this chart since September and the Cup and Handle formation continues to move beautifully and it is hard to see this going anywhere else but up to the top blue line at $14 this year.

Incredibly still another +90% on the table here too to complete this move.

$FUBO

$FUBO is starting to get more attention after signing a partnership with $DIS + HULU and there was a strong bounce at the start of the year from $1.61 to $3 but created quite a large gap that I simply can not ignore as a risk.

However, there has been a nice Wave 4 pull back to the 0.5 Fib at $3.83 and a blue support/resistance line too.

$FUBO report their earnings on Friday, so guidance is key here

A hold above $3.83 and there is a move up to the 200 WMA at $7 to complete Wa...

$UAL - WATCHLIST -

$UAL moving very well in this Wave 4 pull back.

Wave 3 overshot the 1.618 Fib but as we know, this Fib level is the most important Fib level and behaves like a magnet for Wave 3.

We want to see a 3 wave pull back now to the 0.38 Fib at $84 and holding, once there is a hold, we expect Wave 5 next at $149, at the 2.618 Fib

The blue support line and 50 Day MA has been lost so far too, so this should help bring the price action down to $84.

$PLTR TOP 20

The delusional level has been lost in the PM now at $100 and the 50 Day MA is looking very obvious sitting at the blue line at $84 now.

A relief bounce will need to come soon and I will be watching how this whole pull back behaves

If there is a 3 wave pull back to the 50 Day MA, then $PLTR can still make a new ATH next.....for me, I have made my views clear, I don't like this for the risk set up as their fundamentals are not strong enough....but if you are a big fan of $PLTR, then...

$OSCR

Some resistance at the descending wedge top line on Friday, just about every position felt the pressure on Friday bare Chinese ADRs, so it would have been unlikely that Friday would be the day that we'd get our breakout of this wedge.

If we get our 3 wave abc pull back now I would be happy with that and we already got a test of the 0.5 Fib on Friday too at $14.90, which was also the 50 Day MA.

So a bounce today, followed by another move down to complete Wave C is very encouraging,...

$SIRI - WATCHLIST -

Ok we have the retest of the wedge breakout level now from Friday after the market flushed down, so we are watching closely now to see how the price behaves on the Fib levels between $23 - $24 and see if we can get a hold of this support range this week.

This is the weekly chart so I can show you where the 200 WMA is at $49.

All we need to see next is a hold on the outside of the wedge and putting in a higher low and we could be looking at a reversal next.

$HIMS

Big day for $HIMS today, they report after the close and across the board everyone is expecting a strong report and are keen to hear their guidance.

The big question mark now will be how they address the result that Semaglutide is no longer on the shortage list but as we have seen lately, they have positioned themselves to move into other markets and have in my opinion, took action immediately and I expect them to maintain their outstanding growth.

Wave 4 is where it needs to ...

The LIT Sunday News

Donald Trump’s First Month in Office: Key Takeaways in Charts

Executive Orders: A Record-Breaking Pace

• Trump signed 73 executive orders in his first 30 days, surpassing the two-term totals of previous presidents.

• Major orders include:

  • The creation of the Department of Government E...

    2025-02-23 19:45:08 +0000 UTC View Post