After June's falling and consolidating, I am expecting silver to rise from the breakout point 2~3 usd, to reach around $32-33ish. in 2 weeks.
SILVER to reach $35 around mid of June 2024, we have a breakout of multi year resistance, and supply deficit, short term let's aim $35, longer term see if we can break ATH $50?
hopefully take 1 week to reach $30 and 1 month to $34
with this trend, expect to reach $2500 within 1-2 months, $2600 within 2-3 months
silver has been trading between $22 to $26 with $4 swing range. Breakout of $26, will provide $4 upside potential.
with more sales than LI auto, market cap should overtake LI, and aiming 200B cny. around 130~150
due to rates rise and recession potential, we could have another leg of drop, road is choppy.
with breakout of $67-$81 bend, I am looking at $95 = ($81+ ($81 - $67)) approx within 1 month.
TSLA is a long term hold, it can potential make a double bottom. we will load up some shares again in that zone.
Russia still producing oil, Saudi to sell more to US, and Fed rising rates. double top pattern, humongous sell pressure, expect to hit neckline soon, and if it breaks, $124-$95 = $29, I except it falls the same amount (neckline to top spot), $95-$29 = $66
With AI tech exploding, productivity dramatically increase, + fed pivot, we potentially will see NASDAQ breakout to $16000-18000 EOY. good luck guys.
with rising of china semiconductor industries, SMIC had successfully made 7nm BTC semiconductors, even outperfom Intel in terms of effiency. Many ICs are made within China given current International conditions, China has given massive financial stimulates and the company is having multiple quarter of growth and set to challenge many rivals. This giant is...
VLCC shipping price is exploding, 15 is the first target, 21 is possible.
Everything has its supply / demand cycle, I am seeing ETH to $300
With economics slowing down and effort to cool of inlation, eventually oil will dip, expecting to drop to around $85 around octoboer or year end.
Ray Dalio says everything has its own cycle, I do aggree. 0. price is low, people buy coins 1. people realize mining is profitable 2. people start to mine, and some buy coins. 3. too many people join, everybody join, all in. (no more newbies to buy skyhigh price) 4. exhaustion, price drop. repeat. I think if this is the case, we might need to see 10k again.
I think we have good probability to hold 1750 and 1760ish is a good entry SL 1730 TGT1 1840 TGT2 2000 TGT3 2250
DEBT, Shortage of physical gold and QE1,2,3,4,5,6,7,8,9,zzz. Fed balance sheet collapse, we will see 5k 8k gold, but first lets enjoy the ride to 2100. buy now and wait.