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Interesting picks for you 😍

@Shyon
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 optimism about the company business and profitability. OXY OXY daily chart After the breakout early this week, the stock is retesting its new support at around 66 USD. Moreover, oil price is quite bullish recently with US crude oil hit 90 dollars a barrel for the first time since November last year, on expectations that supply cuts by OPEC+ will tighten the market just as demand picks up. Therfore, I am $Occidental(OXY)$ for this week. COIN COIN daily chart How about COIN? It's at a consolidation phase after the long rally peaks in mid July. We might need to wait a bit for the stock to rally. Recently, there's news mentioning that Coin's layer 2 blockchain, Base has seen its daily transactions hit an all time high. This is possibly a sign that the blockchain's efforts to scale by fostering supplemental layer-2 networks, like Coin's new BASE, are bearing fruit. I am short term $Coinbase Global, Inc.(COIN)$ for the company. NFLX NFLX daily chart Poor performance for Netflix last week. The downside is still there and the stock might further plummet next week to the major support at 380. Revenue growth will be a key focus for Netflix during its earnings release next month. With its slowed revenue growth rates for the past 3 consecutive quarters which is less than 4%, I am currently $Netflix(NFLX)$ for the company. GRAB Grab daily chart Lastly, Grab, not very interesting chart in general. It's near the ema200 trendline and shall expect a small rebound from this level next week. Last week, Grab announced its partnership with crypto giant Circle to pilot Web3 customer experience in Singapore through the Grab app. This pushed the stock higher last week before being pulled back at the end of the week. With this small catalyst, I choose to be $Grab Holdings(GRAB)$ for the company next week! Come and join the discussion guys. @MillionaireTiger @CaptainTiger @Tiger_comments @Tiger_SG @Daily_Discussion @TigerStars
Interesting picks for you 😍

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