The Long Investor

$FVRR

Break above the red trend line and it is in a good position, break above $45 and bull case is looking strong.

$TLRY

We were watching to see if this would hold the support line, it has done and retested and bounced, I always like to see this. I am still favouring this as a Wave C for now.

$WTI

Nice break out of the red channel, I would like to see a retest once it cleanly breaks through and this should continue higher.

$TSLA TOP 20

I don't believe Wave 4 is complete just yet but has behaved nicely for us. We want to see this reject one of our Fib levels just slightly above and then come down to complete Wave 5 next.

So far I have no reason to doubt this count, in spite of Tesla separating itself from the market today, it has done everything we have asked of it so far.

$COIN

This is getting pumped now, as parabolic as it can get with no pull backs. My original Wave 4 has moved and as I have said before, above $59 will make this count invalid.

I do not buy stocks that move like this, it's great when you are in and this happens but it's showing no structure, the last time COIN behaved similar to this was in Sept and it went from $84 down to $32 next.

$NIO TOP 20

Lower low today, it's the first time we have seen this since the start of the year, the 0.5 Fib is acting like a resistance line now. Still early to confirm the direction, Tesla's move was strong today and Nio did not follow, also ARK sold a substantial allocation today of Nio, coupled with XPEV looking to be in the bear case now....I am leaning heavier towards the bear case.

We still need to wait however for sure. 

$SPY TOP 20

Trend line is still where we are watching, I still expect a pull back, it may go higher again tomorrow but I am looking for a weaker trend now and starting to move bearish. 

Update

Hi Folks,

I have an exceptionally long flight today so Wi-fi will be scarce for a lot of the day.

I will try and update some more charts when I get home at mid night if anything drastic has happened today with maybe SPY or NIO.

I expect some drama this week with the markets so let's see how we get on.

$ZS

Wave C looks shorter than Wave A but if you look at the blue rectangles, you will see that their days length is the same (177d).  I expect this to continue down towards C. 

$WTI

Similar to forex, this trades along a channel that has been in place for many years, a lot of people like this as it's easy to read the trend, very simple, buy low, sell high and repeat.

$WBA

Struggling a bit and in the middle of the channel. Still has a bit to go before this turns bullish, I have set a buy zone just below the previous low. A break out of the channel and I am bullish here...it may not be for some time however. 

US/YEN

Like a lot of FOREX, they follow trends that span the space of decades, it is unlikely to break out of this channel but continue to move within it.

$TLT

Glued to our projection, no changes here.

$TGT

In line with a lot of other stocks at the moment, ending diagonal 5 waves, I still believe the bottom is not in here and have set a buy zone just below the previous bottom.

A break out of the wedge and it is bullish. 

$QCOM

A break above $130 and the bull case may take control, will need to hold above!

$OXY

A popular amongst many, pulled back nicely, I am still leaning towards this being a Wave 4 with one more leg up still to come before it meets its corrective phase. 

$BILI

After 5 Waves up, it's starting to lose a bit of steam, ABC count next should help build it's strength. 

$ETSY

Still in the channel, this has not been uploaded in awhile but is following our count still, a break above the previous A (in red circle) and we would be favouring the bull case, a rejection and the bear case is likely then. 

$CLOV

It needed to find support and it did, nice bounce then but it is still quite early to confirm that Wave A will happen, above the blue line and looks promising.

KBC

It has been on a nice run lately but if this is Wave 3 then it is looking overly extended now, pull back shortly or I believe this is a 3 wave count and it will follow the red line down next.

$SQQQ

Large pullback but very much still valid, next week or two will be telling. I have moved the blue pattern to the side so not to cause confusion. 

$SOL

$SNOW

A popular one, Wave 2 could be complete, we are looking for a change of trend here and ultimately a break out of the channel. 

$PINS

Testing the breakout after holding up quite well.

$OKTA

$HUT

$CVS

$BOIL

$APPS

$BPMC

My concern here is that it has gone lower than the previous Wave C bottom. If it breaks down below the blue line again, then I suspect it will continue down the parallel down trend.