Krsnake

Krsnake Updated 

Hi guys, I'm back. I've been watching closely the OIL market, and what I'm seeing now is a consolidation above the 73-72$ per barrel (Yellow rectangle) good sign in my opinion for the bullish side. What I'm looking is a target of the 80 $ - 85 $ which by the way is a reachable target. Keep a close attention to in the transition through the 77-81$ which is...

Krsnake Updated 

I don't really think there's room anymore for buying. We reached the 4800 level. Where do we want to go anymore? The stocks are already pricing 6 rate cuts. Prepare for a retrace. 1st Target 4610 2nd Target 4500 3rd Target 4200 Have a nice ride. Things are starting to crack "not a financial advice"

Krsnake Updated 

Gooood morning guys, As always I keep things brief and simple Short on CAPITALCOM:NATURALGAS actual price 3.50$ FIRST TARGET --> 3.00$ SECOND TARGET --> 2.75$ Why? - Stocks are full in Europe - Seasonality, Autumun season boosts in the beginning of October stabilizes till mid of it and crashes in the end of the month. I'm just following the cycle. ...

Krsnake Updated 

Well, Keeping it simple as always (or I try at least) Here's another one of my ideas. Long on the Turkish lira (another crazy idea of mine) First Target 18$ Second Target 13$ I just want to be as transparent as possible with you guys. Right or wrong this is another investment of mine. I see on the long term (1 year - 2 years ) a regain of field from the...

Krsnake Updated 

Think that in the next days with with the last (maybe) raise in interest rates the markets will start to discount on the effects that high interest rates >5.25% (maybe on Thursday) will have on the markets.

Krsnake Updated 

We all saw the bubble that sent gas's prices to the moon. I see now the possibility of gas reaching high levels on price arriving at least to 3.658$

Krsnake Updated 

I believe that stocks may be overvalued recently. - Raising interest rates will impact on the next earnings reports - S&P is approaching a double top and it may correct - The Dow Jones rebalance (24th of July) will definitely impact on the top stocks which will need to be rebalanced from instituitons and funds.

Krsnake Updated 

We saw the recent events are pushing for another bull run. I see OIL doing another run to reach the 90-92$ per barrel. We saw that OPEC+ is not going to leave it down and I forecast other cuts are coming. They will not rest untile they're able to jack up the prices a little more.

Krsnake Updated 

You can never get this big and expect to stay the biggest fish forever. Not even if you're one of the gratest company in the world. NASDAQ:AAPL is worth 3 trillion $ the company is definitely overvalued. Yesterday the earnings came out and they were good after a streak of missings, but could this mean that actually is losing some steam? I don't know. I just...

Krsnake Updated 

I believe oil will reach the target of 84 $. Goldman Sachs and Morgan Stanley also had a target of 100. I am very bullish also with the target of 85 $

Krsnake

Oil has run for long time, a correction is in order, for the long term is still a Buy, but for the next weeks I really think it could head towards the 73-72 dollars. - - Fundementals: As for the fundementals oil producers are headed towards more production per day, Iran may resume soon to sell its barrels ( or barter them as it happened ), the winter is heading...

Krsnake

Unity has been sold off a lot recently (non surpise it's an unprofitable company) but the short trend is going to end in this days, it has strong potential for the long term since the metaverse has been a lot under the spot recently, it could have a huge potential.