SLNHP trade ideas
My Portfolio Stats - Market Update 12/8/2024• going through my portfolio performance in detail, seeing positive signs in my RR trend, steady losses, but large gains recently
• consumer discretionary and retail are extremely strong. could be a signal for a continued bull market, didn't mention in the video but last week's economic data shows continued strength in consumer spending and increase in wages, while inflation is under control
• rate cuts will likely continue, which support continued strength in bonds as well as cyclical stocks
• overall still bullish long term, but the decreasing breadth and divergence in large cap vs small cap performance + extended indexes tell me that we might be due for a short term pullback.
• only 49% invested as I've been selling off laggards, likely going to get stopped out of more stocks as we correct
Soluna to the Moona - $70 targetSoluna Holdings (NASDAQ: SLNH) focuses on green data centers that convert surplus renewable energy into computing resources for applications like Bitcoin mining and AI. Recent updates include the expansion of several major projects. Project Rosa secured a partnership for 187 MW of renewable energy, while Project Dorothy continues with infrastructure development. The AI-focused Project Ada is attracting high demand with six proof-of-concept tests underway. Additionally, Bitcoin mining capacity expansions are planned for Project Sophie and Kati, indicating bullish prospects for growth in both sector
Recent bullish catalysts for Soluna Holdings include:
Project Rosa: A new partnership for 187 MW of renewable energy aimed at supporting AI and Bitcoin mining.
Project Ada: Strong demand for AI cloud hosting, with six proof-of-concept tests and significant customer interest.
Bitcoin mining expansions: Upgrades and expansions at Project Sophie and Project Kati will increase Bitcoin hosting capacity.
Strategic developments: New sales contracts and ongoing site developments at Project Dorothy signal growth in both AI and crypto sector
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Technically speaking, I expect the logarithmic golden pocket to get taken out by cycle end.
$SLNH Breakout Bitcoin Play -Shorts Going To Be Squeezed. 27 Check News and Chart people
Do your research Swing trade with Mega Potential
Soluna Inks 25 MW Hosting Deal with Leading Bitcoin Miner
finance.yahoo.com
Soluna Reports $24.4 million in Cryptocurrency Revenue in Full Year 2022, a 123% increase – Provides Operational Update
finance.yahoo.com
