CLSK good risk reward here$clsk trying to break its top trend line resistance here, if it breaks and holds we can look for a rally to 23. Ill update my chart here once that happens, good luck ! :)
CLSK trade ideas
clsk wave b setupi played cleanspark from $2 last year, and jumped out at $39
waited 200+ days for it to bottom out down here
might make one last push down to that lower $10 region, and if it does that dip is for buying
watch for the mean retracement of this wave b to end at around $24 in the coming weeks
ultimately though, downside target sits at around $4 before the huge move up into the 100's.
Clsk Wave analysis$CLSK has completed its 5th wave and has gone into its abc correctional with minor 5 impulse wave down, 3 minor correctional up and another 5 wave impulse down were it did a small bullish truncation where we could likely see the next macro impulse wave 3 leg up where we have bullish daily mom and incoming bullish Mfi but we will see what btc has in store for the stock, also as for now I am bullish and have started a long position
entry: 13$ Target 1 : $30 will likely change depending on btc response
CLSK looks good on the chartYou could set up a stop loss/profit gainer from the chart.
I am not taking this trade, because CLSK does not look food from a long term standpoint as it did before, and as such, I would not take swing trades like this unless I had more capital, I am tied up a bit atm.
$CLSK vs $BTC*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been analyzing sustainable energy tyrant $CLSK for the past few weeks. $CLSK converts waste materials into SynGas. $CLSK uses its SynGas as clean and renewable fuel for power plants and motor vehicles. My team entered $CLSK on 6/21/21 at $17.19 per share.
My team has been doing some critical thinking on how to approach crypto. Public enemy number one for $BTC is fossil fuel energy consumption for coin mining and transactions. If $BTC were to ever reach previous all time highs $CLSK share price would correlate and perform astronomically well. My team has reallocated previous funds that were used in our $BTC trade earlier this week and are using those funds to double down on $CLSK today.
My team has averaged down on $CLSK today at $15.60 per share.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Bullish- Falling WedgeBig falling wedge forming on CLSK- some support and resistance levels to keep an eye on. Bollinger bands are squeezing (not pictured) along with CLSK nearing the oversold range on the RSI - will be looking for a breakout from this falling wedge.
CLEANSPARK will sparkle****sparkle out of the blue into the black.
or out of the red into the green..
how you like it...
safe..
Stone
time to spark up $CLSK*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been analyzing sustainable energy tyrant $CLSK for the past couple of weeks. $CLSK converts waste materials into SynGas. $CLSK uses its SynGas as clean and renewable fuel for power plants and motor vehicles.
My team really loves this play. We're excited about the growth potential of $CLSK, but we also support the good they do. We can't enjoy life and the opportunities that money brings if we the human race continues to harm the planet. Shout out to $CLSK and all other organizations and individuals who're playing their role in cleaning up the environment.
We entered $CLSK today at $17.15 per share and have set our first take profit at $29.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
My View on CleanSparkCLSK is an energy-management and bitcoin mining company. CLSK currently trading at $19.42.
This company has a nice breakout, the price might go to $21.50, then go back to test the support zone around $17.
After the pull back, if the price action of CLSK is bullish, i might enter around $17.5 to $18 range. My minimum target is around $24.5 (around 40% gain).
I set STOPLOSS below $16.30 (around 6% loss).
Energy is the sector that I believe huge gain in few weeks.
If you are interested my idea, you could have a look at other energy stocks that I predicted like PLUG, FCEL. Link below
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This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
CLSK - Breakout | Falling wedge$CLSK breakout happened after falling wedge pattern. The volume is good during the breakout and it confirms the pattern. The current price is trying to retest the breakout price. Need good buyers volume next couple of week !!
-- The charts are for my own logs
-- New to charting. May not be correct.
-- Share your ideas in the comment box
$CLSK PT 55-70 and higherCleanSpark, Inc. provides energy software and control technology solutions worldwide. It offers distributed energy systems that allow customers to design, engineer, communicate, and manage renewable energy generation, storage, and consumption; and microgrids, which comprise generation, energy storage, and smart distribution assets that serve a single or multiple loads connected to the utility grid and separate from the utility grid for commercial, industrial, defense, campus, and residential users. The company's products include mPulse software suite, a modular platform that provides intelligent control of a microgrid; and microgrid value stream optimizer that offers a robust distributed energy and microgrid system modeling solution. It also provides critical power switchgear and hardware solutions, including parallel switchgear, automatic transfer switches, and related control and circuit protective equipment solutions; technology-based consulting services comprising design, marketing/digital content, engineering and SalesForce development, and strategy services; and distributed energy microgrid system design and engineering, and project consulting services. In addition, the company offers open automated demand response (OpenADR) and other middleware communication protocol software solutions, such as Canvas, an OpenADR virtual top node built for testing and managing virtual end nodes; and Plaid, a software solution that allows internet connected products to add load shifting capabilities into APIs. Further, it owns a gasification technology and process for converting waste and organic materials into synthesis gas, which is used as fuel for power plants, motor vehicles, jets, duel-fuel diesel engines, gas turbines, steam boilers, and as feedstock for the generation of di-methyl ether. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is based in Woods Cross, Utah.
CLSK Breakout or BreakdownI originally bought CLSK in the 2020 dip and sold near the top. I have kept a close eye on it since it rewarded my patience so well. Now if it could just pull back above the 200 sma we could have a clean breakout. It appears to be gathering strength for a strong move. What are your thoughts?
one more attempt :]W2 algo target sits at 9.78.
W3 pt: 76.70
Little back story - I initially got into CLSK at $2, and I rode it up all the way to $40+. Back then I had no idea what Elliott Wave Theory was, so I was simply ready to hold on forever, with no real exit strategy.
My mentor at the time presented a beautiful chart to me, wish i could post it here... Dm me for it. He predicted, from the highs, that clsk would drop to $10. I didn't believe him, but I took a leap of faith and exited my position for a 1600% profit due to his profound level of experience. CLSK has been tanking ever since, and I have been studying EWT every single moment of my waking days thanks to him.
As we approach our target, I am excited for the next Clean Spark bull run ♥
$CLSK PT 40 and higher, BTIG reiterates buy ratingCleanSpark, Inc. provides energy software and control technology solutions worldwide. It offers distributed energy systems that allow customers to design, engineer, communicate, and manage renewable energy generation, storage, and consumption; and microgrids, which comprise generation, energy storage, and smart distribution assets that serve a single or multiple loads connected to the utility grid and separate from the utility grid for commercial, industrial, defense, campus, and residential users. The company's products include mPulse software suite, a modular platform that provides intelligent control of a microgrid; and microgrid value stream optimizer that offers a robust distributed energy and microgrid system modeling solution. It also provides critical power switchgear and hardware solutions, including parallel switchgear, automatic transfer switches, and related control and circuit protective equipment solutions; technology-based consulting services comprising design, marketing/digital content, engineering and SalesForce development, and strategy services; and distributed energy microgrid system design and engineering, and project consulting services. In addition, the company offers open automated demand response (OpenADR) and other middleware communication protocol software solutions, such as Canvas, an OpenADR virtual top node built for testing and managing virtual end nodes; and Plaid, a software solution that allows internet connected products to add load shifting capabilities into APIs. Further, it owns a gasification technology and process for converting waste and organic materials into synthesis gas, which is used as fuel for power plants, motor vehicles, jets, duel-fuel diesel engines, gas turbines, steam boilers, and as feedstock for the generation of di-methyl ether. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is based in Woods Cross, Utah.
Cup and HandleI apologize, for some reason the other chart I uploaded looks like it is compressed like no other. Maybe it's because I had the chart sideways when I uploaded it. oh well.
CLSKThis chart reminds me of $VISL. Another monster chart ready to form. PT is $54 for a %150 profit take. I'm on the 1-week chart so expect this play to roll throughout the summer months if you have the patients. I'll be rich by Christmas for the kids' gifts(;
Cup and HandleSo while on the stock app StockTwitz that trolls people for having ideas. Someone tagged CLSK on the NOK page. Looking at the weekly chart, I noticed Immediately the massive cup and handle. Unfortunately I caught the entry a little bit late but hey, I made an entry at $20.12 right above neckline $18.60. with a Stop Loss at $13.98 for hunters
Now since this being on the weekly chart. This can take several months to hit the desired target.
To calculate Target price take the height of the cup to the lowest point. X2 which is roughly $71.
I cant stress enough. Always set a stop loss. People have the misconception of "What if"... It never works that way.
Trade Safe
- Spoofy
CLSK to the moon?CLSK is in a downtrend here, we could see a big breakout to 30+ if it clears 25 resistance area, on watch. please like and follow if you enjoy my ideas :) thanks!
