Welcome, @shrimponacci,
It would be nice to have someone speaking openly and truthfully about anything without having an agenda. If you can give a comment on oil (WTI)
Imho, Oil is real, it will be here for some time to come, I feel we need to give oil's power the respect it needs. The switch from fossil to green will flow the way that nature WILL let it flow, we can push and pull as hard as we like, probably just breaking more than fixing more at the end of the day. (We are actually very good at trying to change things and ending up with another problem. - Guam and the old mouse problem is today a Guam without mice, yes, but a snake problem and no birds)
(I do not own OIL - I should have bought it at -$0)
I am only good at predicting one thing 100% correct all the time... "I predict that my predictions will be wrong"
But I would happily make a prediction that I hope will play out.
I will choose a ticker, predict the price, date, and then also give my reasoning.
Ticker: HIVE (Not the HIVE crypto, HIVE as a listed company)
Short-term (4 weeks) Med. term (4 Months) Long-term (5 Years)
Short-term: $2.00 +
Yes, it broke $2.00 yesterday but I feel we will have a retracement soon and then it will be back up to $2.00 +
Why: Because I own the stock, HIVE is not your normal crypto outfit, the company is listed as an example.
Med. term: $3.00 +
Why: HIVE will continue with the short-term momentum, the momentum will bring more investors to the table, HIVE's management is active.
Long term: $10.00 +
Why: Because I am long on HIVE, it has seen a higher close price than the current price, there will be a shift in the political status by then, the current world affairs will have faded away. We will be in a new growth cycle.
RE: “Who Is Putin up the Prices!?” - Shrimponacci’s Weekly Market Discussion