CLSK trade ideas
Broke resistance. confirmation needed.CLSK finally saw a move up. Confirmation needed to confirm the break of line of resistance. CCI is pointing upward which signifies the uptrend is gaining momentum. Next price target would be previous highs we hit earlier in the year which was 15 dollars. Long bullish on CLSK and will not sell anytime soon, but will consider adding to my position.
Bounce off support.This is a Great company in my opinion. This is the future and they keep landing these new contracts, and that interview on youtube with the CFO is very enlightening and exciting. Hopefully this can be the start of an uptrend for CLSK. At the time of writing this all of the market is in green with election day just hours away.
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.
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.