CLSK is tied to the ebbs and tides of the crypto market especially high market cap Bitcoin.
On the 120-minute chart, it is trending up from a reversal. The 0.5 Fib level is above at 10.0
about 10% upside from the current price. Earnings are February 8th. The last earnings saw a big
turnaround as CLSK started to make money. Price is currently about 90% below all-time highs.
The recent surge in Bitcoin albeit with a partial pullback afterward has likely benefited
CleanSpark. I see this as a short-term swing pre-earnings play that could gain big or
drop with an earnings miss. I will set a stop loss to protect against the latter. Today's price
action and the indicators are reassurance in the risk taken.
On the 120-minute chart, it is trending up from a reversal. The 0.5 Fib level is above at 10.0
about 10% upside from the current price. Earnings are February 8th. The last earnings saw a big
turnaround as CLSK started to make money. Price is currently about 90% below all-time highs.
The recent surge in Bitcoin albeit with a partial pullback afterward has likely benefited
CleanSpark. I see this as a short-term swing pre-earnings play that could gain big or
drop with an earnings miss. I will set a stop loss to protect against the latter. Today's price
action and the indicators are reassurance in the risk taken.
交易進行
Price action up 4.5% today. the earnings run of momentum is underway. Stop loss isnow above breakeven. The trade is risk-free and riding that momentum.
交易進行
CLSK has acceleration in its momentum into the after-market before earnings tomorrow. Options 2 DTE have captured 80% unrealized today. Running full positionno adds for now.
交易進行
I got in with size and short DTE options just in time for the pump today from theBitcoin reversal. Timing is not everything but it is a lot. Stop Loss is now above breakeven. This is now a profitable stress-free trade. RIOT in my portfolio as is
HUT -they also high-flying. Running full positions until Friday early afternoon and will then take partials for the weekend.
交易進行
Zoomed-in chart and updatePrice has climbed to a full 0. 5 retrace of the January trend down. The indicators still look bullish. The longer moving average still has positive slope and is not yet flat. Forward forecast is trade winners will begin to take profits to close out the week while new buyers will slow down as thoughts of overextension and overbought come to mind. Acordingly I will watch for topping wicks and or the flattening of the moving averages with a "death cross" as early as Friday morning.
At the soonest observation of any of it, I will either close the options at once or roll them forward for 1-2 weeks as a risk -off management process.
註釋
In addition, the RSI indicator is still healthy above 50 and below 75 for both the fast green and slow red lines and no significant dipping or crossing. The MACD put in a bullish double bottom, so CLSK might just have a full additional day ofhigh-flying before trade volume and/ or volatility forces momentum to fade to a reversal or into consolidation and sideways.
註釋
CLSK now in orbit and trying to encircle and chase Bitcoin. Holding for now options 8x overnight. trying to add more and roll out a week if there is an afternoon fade to close out the week. Timing is everything. Hard diligent analysis pays for bread, butter, and maybe a celebratory drink TGIF after- hours.免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。