To The Moon

Market Update 9/15 | EPIC Correction About To Begin?!

A few interesting stocks with technical analysis for you to refer. All of them are from very different sectors. Take some time to read through if they interest you [Salute] [Heart] [Happy] . RIVN RIVN daily chart Well, simply supported well above the ema200 major trendline, for over two weeks already. Last Friday, the candle appeared to breakout although the signal was not very firm yet. RIVN hourly chart If we look at its hourly chart, we can observe a clear uptrend in form. Therefore, I am $Rivian Automotive, Inc.(RIVN)$ as the probability of upside tends to be higher than downside. Investors might also notice recent changes to analyst estimates for Rivian, which reflect their

Oil in wave 1 of larger uptrend Oil is completing the first wave of its larger uptrend. It seems to be completing the final fifth wave of this first wave up and I am expecting this first wave to end just sub $100. The second wave retreat once this first wave is done should see prices retreat to $80 or slightly under around $75 which will then prep them up for that wave 3 move up beyond $100. The third wave will probably hit the market year end to early next year which will probably coincide with a market swoon. As of now, market is still comfortable with oil prices and inflation but as these prices pick up and pressure the markets, they might realise that a recession might eventually hit with the Feds not able to go off the brakes. So that I believe is the macro picture. In the near

Oil in wave 1 of larger uptrend Oil is completing the first wave of its larger uptrend. It seems to be completing the final fifth wave of this first wave up and I am expecting this first wave to end just sub $100. The second wave retreat once this first wave is done should see prices retreat to $80 or slightly under around $75 which will then prep them up for that wave 3 move up beyond $100. The third wave will probably hit the market year end to early next year which will probably coincide with a market swoon. As of now, market is still comfortable with oil prices and inflation but as these prices pick up and pressure the markets, they might realise that a recession might eventually hit with the Feds not able to go off the brakes. So that I believe is the macro picture. In the near