I refuse to let this stock defeat me. Previous predictions have been stifled by news cycles and bearish trends from the overall market. We know NASDAQ:RKLB delayed its launch of it's Neutron heavy lift rocket until the tail end of 2025, and the company does not expect to be profitable until this rocket goes into service. However, with recent acquisitions and...
The news cycle pushed the stock much lower than anticipated but seems to have recovered. Moving forward we can expect 2 scenarios with the stock price retesting long term trendlines or a continued rally fueled by increasing gas prices and Fed interest rate cuts. The chart shows, in my opinion, 2 potential scenarios for the stock price.
NASDAQ:MSTR seems to seesaw with the 100MA and it is approaching the MA which should see the stock move up and touch the upper resistance of the wedge. Then the price falls below the MA100 and goes through an accumulation stage. The increased news of a US Bitcoin reserve could help this move up. Lets set the target of $335
The short term descending channel is landing on the support line for the long term ascending channel. Will it break out at earnings? or are the whales dragging this all the way up to earnings for a rug pull? My opinion is earnings will make it break out to new highs.
My previous prediction failed hard due to intense political news pressure. Now we look forward at a possible recovery. I want to say a Cup is forming and will guide the price to at least $22 and then hopefully $24. Watch for a retest doing the Handle portion later on.
Oneok continues to grow Y/Y and receive Analyst upgrades. After earnings, the stocks seems to experience a selloff and then a monster rally. I am predicting a rally to the upper resistance of the long term ascending channel.