Samsara (IOT: NYSE)

As the Internet of Things (IOT) continues to grow in popularity, it’s no surprise that the company’s annual recurring revenue has reached an impressive $795 million, which is one of the highest in the industry. However, the question on many investors’ minds is whether IOT can turn this revenue into tangible earnings. What’s encouraging is that IOT’s customer base is shifting towards the higher end of the market, with over 1,200 customers generating over $100k in revenue, representing a year-over-year growth of 53%. 

Additionally, the company’s recent patent approval for dash cam technology that incorporates AI to monitor safety in real-time is sure to bolster their position even further. All in all, analysts are bullish on IOT with an upside target of $30.00-$32.00, as the company continues to drive innovation and capitalize on this growing trend.

Royal Caribbean Cruises (RCL: NYSE)

RCL, despite experiencing a loss in 2022, has certainly managed to keep their heads above water. One of the most remarkable metrics that the company has achieved is a load factor of 110% during the holiday season, signifying a high percentage of guests aboard their ships. Credit card spending has been driving this increase in bookings, and with inflationary pressures remaining subdued in the near future, RCL’s prospects look promising. 

The company is already setting their sights on 2023’s booking season to exceed that of 2019’s (pre-Covid) by a remarkable 14%, showcasing a clear upward trajectory. It is no wonder that investors are going bullish on RCL, with an upside target of $100.00-$105.00.

SOL/USDT

SOL’s price has increased by more than 18% during the past two weeks, rising from below $19 to yesterday’s high of $22.30. 

On higher time frames, the price is currently overbought, indicating the possibility of a drop to retest lower areas of support. The first support is found at $21.00, and the second support is placed near $20.00.That could provide an area for a long entry into SOL.

It seems like cash is moving away from BTC and into certain altcoins, thus a further increase over the next few weeks is very likely. The next big area of resistance, if SOL continues its uptrend from here, is between $24 and $26.

U.S. Dollar (DXY)

The DXY was showing signs of breaking down on the daily timeframe last week. However, that breakdown failed to occur as it could only be validated or confirmed with closes below the 103 zone. 

Instead, the DXY retested that area perfectly, and subsequently bounced from there. The same principle remains true: the breakdown cannot be confirmed until candles close below the 103.5 zone. 

It’s likely to continue its upward trend towards the 105.8 zone. A break above the 105.8 zone would confirm the W pattern as seen in the chart.