LINK Forecast


Bullish Case: LINK is significantly undervalued at $4.06, having experienced a 64.4% drop over the past year. Positive sentiment from new Web3 projects adopting LINK. The historical mean revision suggests potential upward correction.


Bearish Case: LINK’s dwindling market sentiment and declining price trends indicate potential further depreciation, given its 64.4% drop from a year ago. The mean reverting nature of LINK's price suggests downward risk remains.


Potential Outcomes: Bullish, potential price increase
Bearish, further price drop
Neutral, price stabilizes around $4.00-$4.50
Volatile, could cause significant price movement in either direction


Trading Oracle: Given the highly mean-reverting nature of LINK and notable price depreciation, a long position in debit spreads (Helium Long Volatility) offers good upside potential with limited downside risk. Bullish outlook with a 3-6 month horizon. This approach has a high reward-to-risk ratio, positive edge, and high probability of profit. No fluff, just actionable alpha.


June 19, 2024


Interlink Electronics Forecast

LINK      Interlink Electronics











Correlated Assets

Assets that tend to move strongly with LINK



LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (0.85)


RHI Forecast + Options Trading Strategies   RHI  Robert Half International (0.85)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (0.84)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.84)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (0.81)



Uncorrelated Assets

Assets with little price relationship to LINK



HOG Forecast + Options Trading Strategies   HOG  Harley-Davidson (-0.0)


IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (0.0)


SKLZ Forecast + Options Trading Strategies   SKLZ  Skillz (-0.0)


PAR Forecast + Options Trading Strategies   PAR  Par Technology (-0.0)


LQDA Forecast + Options Trading Strategies   LQDA  Liquidia (0.0)



Anticorrelated Assets

Assets that tend to move strongly against LINK



GLNG Forecast + Options Trading Strategies   GLNG  Golar Lng (-0.79)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.8)


MRO Forecast + Options Trading Strategies   MRO  Marathon Oil (-0.81)


AR Forecast + Options Trading Strategies   AR  Antero Resources (-0.86)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.87)





Become a more profitable investor with AI optimized trading strategies






×

Chat with LINK


 Ask any question about LINK!