Rallies Predicted On Oil Stocks Between Aug To Dec 2022

Time Principle indicates that it is the end of the correction and many oil stocks are about to make another rally. I predict the crude oil to go up to the highest price of $130 or more and bring significant revenue to the many oil corps for the rest of 2022. This is especially predicted to happen from August to November. I have a few favorite stocks that I mentioned on the previous blog and intentionally holding on to since Nov. 2021. My choice has nothing to do with the size of the corps. My aim is to find a potential stock that provides the highest return out of all oil stocks in swing trading. Choosing small corps tends to provide you with better returns regardless of volatility. Small corps should be avoided in a situation in which the demand for oil is decreasing or unexpected event(s) are expected in the near future. However, this is not the case. Now is the time for the oil corps to increase the margin of profits. Now is the time to push themselves to boost their revenue as much as they could. Oil is a cyclical commodity and time is limited to boom itself. If they failed to react or failed to ride the biggest wave in oil history, it would be very shameful. It would be a critical mistake to miss the ride because once the price of crude oil hit the top of its cycle, it would start lowering itself and people start leaving oil stocks. It would be very difficult for any individual oil stock(s) to keep ascending its price while the price of crude oil is descending since you cannot surf against a wave! It is the time to be optimistic and bet everything on oil stock(s). It is a promised deal and confidence is almost certain. The current economical situation is another confirmation. The U.S. economy will gradually decline and eventually face a big recession, however, I predict oil stocks to perform otherwise, especially for the rest of 2022.

I predict oil stocks to hit the next bottom around Jan-Feb 2023. Thus, the top before that should be around November or December 2022. I should be able to verify which one is the top as it gets closer.