Marvell Technology (MRVL:NASDAQ)

MRVL is undeniably an industry leader when it comes to artificial intelligence (AI) and the automotive sector, making it a promising avenue for growth in the future. While the company may encounter some minor hiccups due to short-term chip inventory challenges, their varied sources of revenue ensure a consistent and steady recovery from these setbacks. The most recent figures indicate an impressive quarterly cash flow of $1.07 billion, which has grown by a remarkable 69% compared to the previous year. 

This strong financial standing, coupled with the company’s ongoing presence within the industry, has spurred confidence and a bullish outlook for MRVL. As long as the stock remains within the range of $34.50-$35.00, investors can look forward to an upside target of $58.00-$60.00, truly showcasing MRVL’s potential in both the AI and automotive sectors.

Barrick Gold (GOLD:NYSE)

Barrick Gold, a leading mining company, has placed its focus on operating top-tier, Tier One mining assets with the impressive capacity to generate over 500,000 ounces of gold annually. As a result, if gold prices surge, Barrick Gold could potentially witness a substantial increase in its forward revenue. It’s crucial to note that the company’s current mines are predicted to remain productive for at least another decade, making it a promising investment, particularly in the context of mining companies that rely on extracting finite natural resources. 

With an expected production rate of approximately 6.5 million ounces of gold and copper alloy equivalents until 2032, Barrick Gold is an attractive option for investors, particularly if the stock price remains within the $15.50-$16.00 range. In fact, our more optimistic projections estimate an upside target of $24.00-$26.00, highlighting the potential growth and success that investors could tap into by engaging with this mining giant.

ETH/USDT

ETH has reclaimed a key level on its daily chart at $1,700 – its range high. Now, as long as it can hold it, traders can play the chart level by level. The next level to look out for is $2,000. 

As long as bitcoin continues consolidating sideways, it is highly likely that ETH gradually makes its way up to that $2,000 level in the coming days.

SOL/USDT

Taking a long position in SOL is extremely dangerous even though it has outperformed the majority of the market today.

SOL is currently facing significant pushback at a crucial stage. The resistance is composed of both a horizontal underside resistance and a diagonal resistance trend line.

Thus, we’ll wait for it to overcome all of that resistance before looking into entering a long trade after the resistance turns into support.