The Long Investor

118 pages Elliot Wave Principle pdf

This PDF is not as reader friendly as the book I uploaded earlier but still very beneficial and free.

https://www.investmenttheory.org/uploads/3/4/8/2/34825752/elliott-wave-principle.pdf

$CROX

This chart has not changed since July last year.

$TTD

Earnings out tomorrow morning too, will need something good to turn around this trend, under the 200 Day MA too.

$RBLX

Doesn't this set up look very familiar!! Like Nio, needs to get into the channel again to turn bullish, earnings out tomorrow before the opening. 

$RUN

Stayed in the channel and looking to favour the bear case now as its breaking down, a break below the two previous lows confirms the bear case.

$DOCU

No changes here, broke above the ascending wedge, came back to test for support and held.

$KO

-1.7% for the day after a double beat on earnings, in line with expectations. The concern is that KO is under pressure from the PRIME craze and energy drinks, they have suggested that getting involved more in coffee drinks and maybe with alcohol too, this did not improve their price during their earnings call. We are still waiting for a break down into the bear case.

$ZM

Pulled back to our impulse wave area and where the 200 Day MA is, earnings at the end of the month, will determine whether this goes above the previous high or lower.

$PATH

Has held very well above the blue line and bounced nicely, we love to see this.

$PYPL

Earnings beat but revenue was only down slightly, CEO has announced his retirement and this may have spoked the market a small bit...will be watching this pullback.

$NVDA

1.27 Fib is an important level for corrective waves, if it can keep going through this level, $268 is next.

$SPY TOP 20

Ending flat for the day even after a hotter than expected CPI figure. Bull flag formed here and hovering around the blue lines, Bulls may get confidence from this flat day today, Wave C above is still in play here, the market may need another day to digest the information.

Highly recommended book and I think it’s about $8 on Amazon

$PFE

Very straight forward ABC here

$TSLA TOP 20

If the latest pull back is now complete and it hit the 0.236 Fib and bounced, then completing Wave B, then Wave C could be starting, a break out above the previous high confirms this, rejection at the previous high and it may come down.

$NIO TOP 20

$NIO did go below the wedge support at the opening and then recaptured, its certainly a crack now to the downside but I would like to see a clean break below next, what we don't want to see is this bouncing within the wedge for the next 2 months, it only delays the bottom coming in.

$PFE

Slow mover and I like that from this stock. Bull flag formed and a break out above and this could start Wave C.

$MNDY

No changes to our targets here and they smashed their earnings, out of the channel and looking strong.

$WISH

We all know I've a love hate relationship with this rogue, I called this going to $0.40 when it was at $1.40 and it hit $0.43 and bounced.

Parabolic move today but stabilised a bit and if the pull back comes back structured, between $0.66 - $0.83, it could move impulsive next.

$SNCR

Really needs to break out of this smaller wedge, losing the blue line puts this in a difficult position. 

$SU

Earnings out after the close tomorrow. Bull and Bear case in play here. Above the previous high from the earnings and the bulls look in control.

$ENVX

Found support on our blue line and has been slowly consolidating.

$PLTR TOP 20

Market is enjoying that earnings, I think the profit alert was the kicker, up over 20% in the pm. If it opens 20% up tomorrow, it's going to leave a large gap, it may pull back to close it out before continuing its trend higher, that's where you want to add.

$KHC

Earnings before the opening on Weds, been consolidating since 2021 now..lower lows and lower highs previously, would need something special from the earnings to change this.

$UPST

Earnings after the close tomorrow too....strong pull back since moving fast in Jan, as long as it holds above the previous low then the bull case has a chance...new low and the red targets are in play.

$NU

Earnings after close tomorrow too, this wave looks corrective to me, a very strict straight up move, pulling back slightly approaching the previous high, if it can stay above the 200 Day MA, Wave C in amber should complete.

$SHOP

Earnings this week and has continued to do well since October, after getting beaten heavy for awhile beforehand. I am mixed here on my thoughts, Shop tends to be more vulnerable than $AMZN and that has struggled of late....I am not sure whether they are strong enough to continue this run but a good earnings and the impulse wave is confirmed. 

$HIMS

It's been awhile since I've uploaded this chart and no changes since it was uploaded back in December I think. Some members have positions here and have been doing well.

$BTU

Earnings before the market opens tomorrow....still in this long ascending triangle and has flirted with breaking out but still held inside the limits, so tomorrow will surely decide its direction!

$NIO TOP 20

I am watching for a break down of $10, wedge formation has formed, head & shoulders has not completed yet though.