Marathon Oil (MRO:NYSE)

With tensions rising in the Ukraine, the energy sector is at risk of seeing a potential bull run. Companies like Marathon Oil (MRO) are well equipped and ready to take advantage of such an increase in prices. The company has strong balance and recently acquired Ensign Natural Resources, expanding their operations in the South Texas Eagle Ford by over 30%. This could only help derive greater benefit from any increase in prices. 

Although I am bullish on MRO, I believe it must remain above $24.50-$25.00 for this to succeed. Should prices increase, my target price would be $44.00-$45.00. With the continuing story of geopolitical headlines, the energy sector looks set to see positive growth soon.

Shoals Technologies Group (SHLS:NASDAQ)

SHLS continues to experience stunning growth as demand for their EBOS solutions swells. Their focus on eMobility and battery storage services has pushed them far beyond the industry average in terms of growth rate over the past year. To ensure their growth is managed responsibly, SHLS elevated Jeff Tolnar, Ben Macias, and Jessica Uecker to key leadership roles in December 2022. 

With such a management team in place, I am confident that SHLS will remain a viable investment option so long as their stock price stays above $23-$24. My upside target is $40-$42 which provides ample opportunity for return on investment.

XRP/USDT

Its price saw a 4% boost in the previous week, the bullish impetus seems to be fading. It seems that traders are more eager to test the crucial support level of 40 cents than they are to take on the resistance at 44 cents.

This cryptocurrency might drop quickly down toward the next level of support at $0.36 if purchasers are unable to hold at $0.40 cents. Additionally, that would make XRP’s market sentiment bearish.

When the levels of support are achieved, the volatility is likely to rise. This implies that it’s critical to exercise extreme caution.

BNB/USDT

Buyers had the difficult task of defending the key support at $300. Bears tried to break this key support several times but have been unsuccessful so far.

The key resistance at $332 has not been tested, and buyers do not have the strength, at this time, to push the price beyond the key support. This could be interpreted as a sign of weakness. Nevertheless, so long the key level at $300 holds, the bulls still have the upper hand.

Looking ahead, BNB appears to be consolidating along its key support level, and this may continue for some time as the market has found equilibrium at this level.