The Long Investor

$SIRI - WATCHLIST -

Well look what we have here!

$SIRI has broken out of its 2 year descending wedge now and has just raised its head above the breakout level at $21.50

YOU ARE VERY EARLY HERE AND HAVE MISSED NOTHING YET.

What we want to see is the price action hold on the outside of the wedge now at $21.50 and the upside targets are:

The 50 WMA at $26
The 0.618 Fib at $31.47
The 200 WMA at $46.

Definitely added to your Watchlist and I will likely start a position here short...

$ACHR

Strong run by $ACHR and up +24% at one stage yesterday post ER.

I believe we are already in Wave 5 now and we are running fast to the 2.618 Fib and the previous high at $12 - $12.50

After every 5 waves higher we expect a pull back in 3 waves to a higher low, so I have added the amber fib levels to reflect this.

The 50 Day MA is moving higher to the 0.618 Fib at $8.15

So a pull back to in between $8 - $9 would be the ideal place to add again, which I will consider too....

$ADUR

Happy with the pull back so far and believe there is more to go down to our amber fib levels.

The 200 Day MA is moving up to the 0.5 Fib at $5.25, very similar to how the 1hr 200 MA is moving, so this will be the area of interest for us to add again.

We also want to see a 3 wave pull back finishing around this level too.

Once we are happy with both, then we can add again with conviction and go heavier this time.

$NVO - WATCHLIST -

I have been analysing $NVO this morning and the more I see, the more I like.

Price is also red right now which is good for us considering we want to Buy again for our third buy.

Pull back levels have not changed either and if we can get a test between $61 - $63 and holding and I will add again.

I do want to build a larger position here so I will be on top of this and I believe many members are joining me

$CELH

$CELH has finally made a higher high today after consolidating for the last 5 weeks above the 200 Day MA.

We can also see that the golden cross has completed comfortably now and the Wave 3 target at $46 has not changed.

The sideways movement has also allowed the price action to align with the Cup formation very well too.

Wave 5 target is still $59 and then I would expect an ABC pull back before going higher to our bullish target at $99.

$SPY - CONTRARIAN VIEW -

This is the Contrarian View of the $SPY that we have been sharing for the last few months

The big difference between this chart and the regular $SPY chart is that this impulse wave assumes that it started in March 2020.....after the Covid Crash.

While the regular $SPY chart started from the Great Financial Crash bottom, which ended in 2009.

I am not here to argue which side is more valid because both arguments are possible, which is why we have two views and both charts hav...

$ETH

This beast has not only burst through the 200 WMA at $2400 but has now hit the 200 Day MA at $2700 in this bounce.

This is +100% gain since its low at the end of April.

And another of example of what happens when a strong position is in a deep oversold state and below its 200 WMA.

It is difficult to call whether or not this Wave 1 is complete because on the daily chart here, it is hard to see 5 waves but arguably on the 1hr chart I can.

So we need to be open to the pos...

$NU

ER yesterday after the close and we were looking forward to this one because of the set up leading into the ER date.

Unfortunately they missed on EPS and the price is -2.5% in the PM.

That being said, very little has changed here on the chart but let's see how the price action moves today before making any rash decisions.

The confluence support level is holding above $12.

Staying above this important support level and the market can react positively and may believe the...

$NVDA

Price action is now above the 0.618 Fib, the 50 WMA and the ascending triangle bottom line at $129.

Clean break above this strong confluence level too but no retest of this breakout level just yet and it may take another week for the retest to happen which will lead this into their earnings date.

As we know, Wave B can run as high as its previous ATH so we are still holding our position, we should be all green on our position too at this point if you followed my Buy Alerts into $N...

$BIDU - WATCHLIST -

I am going on record now

That when $BIDU FINALLY breaks out and reverses and follows the same reversal trajectory as $BABA, I will be doing a lot of victory laps on this one.....it is one of the most hated stocks but the fundamentals are still very strong......we have been here a lot of times and I have shown that patience with undervalued positions typically are very rewarding and $BIDU will be another example of this.

Price is now testing the channel breakout level now at $93, w...

$HIMS

Gap is now filled in the PM and the price is still routing towards our Subwave 5 target at the 2.618 Fib at $68, which is where we always set our wave 5's at.

Can the market send this right back up to the $72 ATH level in this move?....there is no reason why it can not.

We need to constantly remind ourselves how fast this has run over such a short period of time and remind ourselves that this has happened already in Feb and we know what happened next after a run like this.

I...

$OSCR - TOP 10 -

No changes to the chart but since $OSCR has consolidated in this subwave 4, the RSI on the hourly chart has also cooled, which is what subwave 2 and subwave 4 are good for, letting the price move from an overbought state and move back into a normal range.

Price has come within 15 cent of touching the 0.38 Fib at $16.10 and right now the PM price is at $17.19, so we can at this point consider that subwave 4 could be complete and we get a run up for subwave 5 next.

Again, I don't li...

FAQ - MAY 2025

Frequently Asked Questions

• Where can I find the TOP 20 and TOP 10?

  • The TOP 20 and TOP 10 lists are available in the Collections tab. You can also find them using the search function: TOP 20 list<...

    2025-05-14 10:04:49 +0000 UTC View Post

$HIMS

No changes to the chart here but a reminder where the Wave 5 levels are.

The gap fill also completes at the first horizontal green line at $64.50 too and the price action does appear to be moving in this direction.

I trimmed 5% today at $61 because a run from $25 to $61 in 2 and a half weeks is as aggressive as they come and I want to add to other undervalued positions that have not moved into Wave 3 yet...without touching my Cash position.

A reminder that we compound our ga...

$NU - WATCHLIST -

$NU does have its ER after the close and this is a reminder of its bullish set up:

- Broken out of its bullish descending wedge

-Above is 50 WMA

-Above its blue support line
-Completed an ABC pull back after Wave 5
-Wave 3 target is at the 1.6187 Fib at $28.95

ER needs to be clean, no misses and normal or good guidance and the price action will then look after itself.

The downside risk is back into the descending wedge again and possibly the Buy Zone b...

$AAL

$AAL has now bounced from $8.50 to $12.35 since the start of April and moving back up to the 50 WMA and the descending wedge top line at $13

There is still a number of resistance levels in the way to confirm a reversal after such a strong pull back.

I am holding my position and feel comfortable with it as I believe the risk v reward massively favours the reward side here, especially when we get a hold above the 200 WMA at $14.

So I will be holding my position until this happ...

$NBIS - WATCHLIST -

$NBIS has made it all the way to its 200 Day MA today and its 2.618 Fib at $35, so this would be the ideal place for this strong wave to pull back now and make a higher low.

Price has jumped from $18 on the larger 0.78 Green Fib to $35, so this is approaching a +100% gain.

The white fib levels have been added to show where a higher low can hold support

And I do like how the 50 Day MA has aligned with the 0.618 Fib now exactly at $24.93.

I do not suggest chasing, we hav...

$PYPL TOP 20

So far resistance has been met at the 1.618 Fib for Wave 3 as expected.

We only need to see a 3 wave pull back now and ideally down to the 0.38 Fib at $68 and hold and the there is one more leg higher to complete Wave 5 to $81 and go back above the 200 Day MA.

Looking nice and controlled here.

No need to anything I believe, however some people may want to add at $68 when there is a hold.

$UNH

Very little to update here apart from them missing on earnings, which they have not done since 2008.

Price was not able to hold the red fib support level which is standard for Wave A and now looks to test the 0.5 Fib at $323.

Many of the Meg Caps also lost their 0.38 Fib in April, so it is not an uncommon sight right now

But a hold at $323 and I believe it is technically undervalued for a relief bounce for at least Wave B.

We can see that the amber fib levels for W...

$ONON - WATCHLIST -

Double beat on ER today and raised its guidance for FY'25 and expects net sales growth of +28%

Very impressive numbers.

And there is no changes to our chart either.

Price held on the 0.618 Fib comfortably at $39 and has now bounced back above the 50 WMA and now heading to the Cup neckline at $54.

Holding above this level and it really gets interesting, with a technical move similar to $PLTR and $HIMS when they also broke out and this can go as high as $96.

A ...

$AMZN TOP 20

The US-CHINA postponement announcement on Sunday night allowed the market and the Mega Caps to bounce strong yesterday and we can see that $AMZN jumped right up to its amber 0.618 Fib at $211 yesterday.

This is still a resistance level we need to monitor but the price is currently above the 50 WMA with no retest of this level from above yet.

Breaking above the 0.618 Fib and I believe the price action can go as high as the 0.9 Fib at $234, which aligns with the $SPY bouncing to its...

$NVO - WATCHLIST -

TWEET:

$NVO The very definition of a sweet spot

Technicals + fundamentals + indicators = aligning.

$ASML - TOP 10 -

I hope you all enjoyed reading the $AMSL Valuation Analysis shared yesterday and we can see that the PT from this analysis brings the price action up to the previous high from mid 2024 again at $1100.

Price has been moving well over the last few weeks and just slightly ahead of $AMD, as it has moved back above its own 200 WMA.

The 50 WMA is the next test at $787 and clearly this level and I believe the price can move up to the blue line at $894....and then $1100.

A consisten...

$NKE - TOP 10 & TOP 20

Very nice bounce yesterday of +7.3% with the market, so I have added in the impulse wave count now which would be the ideal scenario for $NKE now to move.

I really like how the Wave 5 move aligns with the large white line which is the cycle 0.618 Fib and the 200 Day MA right now.

A new impulse wave also signals the start of a new cycle too for me

So I am very excited about this.

At this point, the ideal entry to add would be on Wave 4, which is a retest of the blue sup...

$PFE - TOP 10 -

The new Drug EO from Trump has added more uncertainty for $PFE and the share price has pulled back lately but we can see that support has held perfectly fine on the standard 0.618 Fib for a Wave 2 higher low.

There was a positive reaction yesterday too, when many believed the price would be red for the session.

We could be looking at another buy here shortly once we continue to hold support above $22.

I am also keen to add another buy to $NVO too as it is moving into our Buy...

$AMD TOP 20

There has been a gear change for $AMD lately and the price action has jumped an impressive amount from $74 to $110 in 1 month.

The 200 WMA looks set to be tested again at $116 and this is something I have been consistent about since the price dropped below this MA....we know by now that it is a magnet in both directions.

Weekly RSI and MACD are also looking very bullish too, with both showing strong trend reversals

We are still in the Buy Zone.

What we want to see next...

$ASTS

$ASTS is an early stage growth company and should be seen as a Pre - Revenue company, focus on its Moat and potential.

ER makes very little difference in terms of EPS and Revenue for a company at this stage but confirming their on track to launch more satellites and announcing time lines is what the market really wants to hear.

I think $ASTS have done this and that is why the price is still above $25.45 post ER

The 50 and 200 Day MA and the blue support line is also at this ...

$ACHR

ER after the close yesterday and it was a healthy beat and the initial bounce jumped exactly to the 1.618 Fib at $10.08 before cooling down after the earnings call.

$ACHR and United have also announced a partnership to connect passengers from Manhattan to nearby airports

They also reconfirmed their launch date in the UAE too and all round it was quite positive.

I believe the price action will continue moving up to $10 again and we would be looking for a Subwave 4 pull back a...

$OSCR - TOP 10 -

There is not a lot of green in the PM today, after a euphoric day yesterday for the market at +3.3% for the $SPY and +4.1% for the $QQQ.

After every strong day like this, a cooling down day typically follows.

However, it is the opposite for $OSCR because it finished the day red yesterday and came within touching distance of the Subwave 4 level on the 0.38 Fib.

We also know that the 200 Day MA for $OSCR is also at $15.93, which is very close.

At the opening we could see...

$SOLV - WATCHLIST -

This was a requested chart last week and I highlighted that it was testing its breakout level out of its wedge, price has noW bounced from $66.66 to $75.71 and broken out of the wedge and above the 50 and 200 Day MA.

A retest now of the 50 Day MA, the 200 Day MA and the wedge between $68 - $72 and holding will be another buy signal.

Wave 3 target also looks good here once the price can stay above these MA's and that target is at $122 at the 1.618 Fib