The Long Investor

$COMS

$LMND

$HAL

$ADRX

AUDUSD

$FUBO

$FUBO needs to start seeing some support soon.

$SPY

Looking like an attempt to complete W - 2 now.

Poll time

If you have to pick between these financial stocks, which one would you pick?

$MO

$TXN

Following our count nicely.

$MRK

$LVMHF

Flirting with the bull case. But no concrete direction yet.

$TGT

Wedge breakdown, targets below look realistic now

$DKNG

$NIO TOP 20

It's hanging in there, how $NIO has been able to stay in this channel while $TSLA brings down the EV market has surprised me. Maybe $NIO day is helping, due tomorrow.

Defensive stocks.

I have been analysing a number of defensive stocks over the last week which I feel offer great value for the next year, these are slow movers and offer security more so than exceptional growth.

As I've just tweeted, a defensive stock is a stock that has a PE of 15 or below, a PB of 1.5 or below and multiplied together, is no higher than 22.5

I like to add in a positive EPS for the next year too to this formula and you are protected even more.

Some stocks that stick out ar...

$DNA

No real changes here apart from taking the bull trajectory out as this has been following our bear case perfectly.

My understanding was that there was a one off payment made for an acquisition and this has heavily affected their fundamentals for their last earnings, so from a quick glance, it doesn't look great but I believe for their next earnings report, this cost will not be there of course, this may present an opportunity.

$NNDM

Broke below original support but bounced well, really needs to capitalise on this now and the bulls need to step in, if it tests support again, I believe the bear case will take over.

$FCEL

This was a favourite amongst retail investors during the EV industry boom in 2020 and but it's income and sales have not kept up with it's market cap and expectations, that is not to say that it wont because I think, it will be one of the most important industries going forward.

In the wedge now and it is descending, so it is slightly bullish, it could bounce at support now but a break down and the targets below are quite worrying.

$LLY

What and incredible run its been for $LLY, staying within this channel and the run can continue. However, the fundamentals look stretched now and I have not seen any substantial pull back since before 2020. This really needs an ABC count.

PE now is 54 and P/B is 32. Not showing much value here.

$PATH

Not much changes here, Cup and Handle formation is still at play. A move down to (B) in red, then we really need to see $10 hold. Otherwise the target below is indicated on that chart.

$SE

Would like to see a bounce at $40 but below that and it's back down the wedge. Descending wedges tend to be bullish, which is why we got a breakout above in November, but going back into a wedge after a breakout, which is seen as a fakeout, is not bullish.

$ETHUSD

I'm struggling to be optimistic here for $ETH, broke down from the wedge, tried to test it again and got rejected, levels below now look horrific....this definitely looks over the top but I am just charting what I see and the overall market may not be kind to crypto.

$UPST

No changes

$CRWD

No changes.

$DDOG

$TTD

$VIX

$DIS

No changes here. Looking very weak now. Did not bounce at all and looks to be following our red line. Would need to bounce immediately to stop this trajectory.

$KMX