CLSK LONG into earnings. In oversold zone looking like it will turn over.
clearly bouncing off resistance point.
Long into earnings which is Dec 22nd.
MACD rolling over as we speak which is great.
Only 2 problems:
1) Uncertainty because of US elections.
2) I wana see more buying volume before I cost average my position.
So I am still waiting a little bit... Im deciding if I wana pump my position here or in BLNK. Tough choice.
1CLSK trade ideas
CLSK, LONG: INVESTING the only sector I am even kinda bullish for long term is energy (even though I believe we are heading for a deflationary secular downtrend).
However, the more I hear people talk about the "market is crashing" the less I believe it can happen. So I am trading against my thesis here; and buying some CLSK for long with a small position.
I originally was long at 2 dollars here, getting back in to hedge against bearish positions... if inflation does happen post election; the energy sector is the most A symmetrical bet I can make.
CLSK has the patent for micro grid technology.... huge untapped market that will be introduced to multiple systems as the U.S. diverts from oil dependency. Do your DD... big things coming.
I'm also gonna grab some IYE and XLE for the 8% dividend yield as well.
GL!
great time to go long nowThis is on an uptrend and just had a pullback after some dilution and as nothing fundamental changed that means more money in their balance book making it a decent deal for newcomers.
We can see its on the trendline with some bullish divergence making this a good spot to enter.
CLSK cup and handle - longI'm a newbie to investing so please don't take this as financial advice - just an idea.
Seems a nice cup and handle is forming on the 2 hour chart for CLSK. I'm expecting a drop down to the mid to low 12s before trending upward. I already have a position is CLSK but will add if it drops to 12.50 or lower with a stop loss of around 11.50. Price target to sell in the $16s.
clsk clear buyshit a signifigant turning point. for robinhood traders in my group.
The law of demand says that at higher prices, buyers will demand less of an economic good.
The law of supply says that at higher prices, sellers will supply more of an economic good.
Factors That Impact Stock Demand
The major factors that impact the demand for stocks are economic data, interest rates, and corporate results. Economic data reveals information about the state of the economy. If the economy is doing better than expectations, it creates more demand for stocks in anticipation of better earnings.
Interest rate increases tend to lead to decreased demand for stocks as the risk-free rate of return rises. Of course, rates tend to rise when the economy is improving, which boosts demand for stocks, so these forces moderate each other.
Corporations' profits, sales, margins, and outlook have a massive impact on demand for individual shares, accounting for the volatility that emerges before and after they release their results for the quarter or year.
CLSK, Inc. and Sunshine Energy Announce Exclusive PartnershipCleanSpark, Inc. and Sunshine Energy Announce Exclusive Costa Rica Partnership
The agreement allows Sunshine the exclusive right to market and sell CleanSpark's products and services throughout the country of Costa Rica. As part of the agreement, Sunshine will license mVSO (microgrid Value Stream Optimizer) energy modeling software for exclusive use in Costa Rica.
Norfund, the Norwegian Fund for Developing Countries and Sunshine have a strategic alliance that will facilitate the financing of energy projects.
Zach Bradford, CEO of CleanSpark added, "To have a company like Sunshine choose us as their exclusive microgrid partner is a significant win for CleanSpark and further validation of our superior platform capability.
Supporting Sunshine's existing $20 million (USD) microgrid sales pipeline will be a priority for our team."
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