To The Moon

Hello everyone! Today i want to share some technical analysis with you!

1

$Rivian Automotive, Inc.(RIVN)$One of the cleanest volume shelf setups in the market right now.

2

$IREN Ltd(IREN)$ Breaking out.

3

$Tesla Motors(TSLA)$X marks the spot.

4

$Oklo Inc.(OKLO)$When risk turns on, this name moves harder than almost any name in the the market.

Falling wedge breaking out as the MACD nears and upside cross. $70+ is very possible as early as this month.

5

I am reading so much about the recent "volume" being extremely low on this recent move up and how it is "scary". It actually is completely normal.$S&P 500(.SPX)$

Volume is almost always largest during capitulation events. Notice that anytime there is a local low within a trend, you can move down and see a large volume spike that coincides with it on the X axis. THIS is the large volume to note as it means that everyone "throws in the towel" at the same time (sells it all and goes to cash). Once price starts going back up (shown by green arrow), it is paired with a red arrow at the bottom of the chart showing volume actually declining from the original capitulation event volume spike.

You don't want everyone to throw in the towel (their capital) all at once when price is moving back up, because that means that there wouldn't be any buyers to keep the upside push going after a short period of time and the spike would be extremely aggressive. Instead slow, steady, upside action accompanied with light volume is what drives markets higher and different market participants come in at different times as their thesis' become active or trigger.