CLSK trade ideas
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!
CLSK ready for some upside? good dip entry for CLSK here, target would be 28-29 before i expect a pullback to happen here. big top trendline resistance here so look to take profits there if it doesnt break. goodluck traders!
Clsk 🎈I was waiting for a wave 2 pullback, and it came sooner than expected due to the offering earlier this week; but the beautiful thing about this pullback, it landed directly into my golden zone where I became a buyer.
Wave 3 target is $55, will probably exit 75% of my position closer to there.
Longer term target sits at $97 for wave 5.
$CLSK LongAbove $31.31 I can see CLSK moving to $40. CLSK has recovered all of its moving averages and MACD crossover is bullish too.
clsk ♥one of my favorite stocks in this market,
my avg was around $2 :], been watching it ever since.
if you aren't yet in, there's going to be a very clean trade soon from around $25 to over $100.
Penny Stock - ClskLeader in Energy and control technology .
Amazing Balance sheet .
CleanSpark Inc have a median target of 50.00, with a high estimate of 50.00 and a low estimate of 50.00. The median estimate represents a +63.77% increase from the last price of 30.53
Strong Support around $25 for CLSKGreat sell-off, bouncing off support. Selling a bull put credit spread 25/22.5p 3/19. 60% ROI
CLSK Elliot Wave analysisCLSK has acquired ATL and got into bitcoin mining. They mine BTC for $6.5k and currently selling it $58k>!! But CLSK isn't only bitcoin . They also produce integrated suite of software that provides end-to-end microgrid energy modeling and management.
Pricetarget shortterm $70 (elliotwave final 5th wave)
Pricetarget longterm N/A. Will depend on if bitcoin falls or keeps rising and if they can keep innovating in microgrids and make it a good profitable business so they don't rely on bitcoin for income anymore.
~slippe
CLSK Elliot wave analysisCLSK has acquired ATL and got into bitcoin mining. They mine BTC for $6.5k and currently selling it $58k>!! But CLSK isn't only bitcoin . They also produce integrated suite of software that provides end-to-end microgrid energy modeling and management.
Pricetarget shortterm $70 (elliotwave final 5th wave)
Pricetarget longterm N/A. Will depend on if bitcoin falls or keeps rising and if they can keep innovating in microgrids and make it a good profitable business so they don't rely on bitcoin for income anymore.
~slippe
Clean Power - Textbook Cup and Handle - Bullish!This is one of the prettiest bullish charts we've seen in the clean energy sector. We are targeting the 1.618 fib extension price of around $80.
H.C. Wainwright boosted price target from $24 to $50 Bitcoin believers are reaping the rewards and H.C. Wainwright analyst Amit Dayal thinks the surge merits a rethink for his CleanSpark (CLSK) model.
The analyst boosted his price target from $24 to $50, suggesting upside of 72% from current levels. Accordingly, Dayal’s rating stays a Buy.
The reason for the new bullish target is easy to explain. The microgrid software specialist has been growing its Bitcoin mining capacity and with the rising Bitcoin price, CleanSpark will be raking in additional revenue.
However, the problem with trying to estimate projected revenues for any company involved in Bitcoin related endeavors is extremely difficult due to the constantly moving goalposts, especially when looking several years ahead.
The Bitcoin contribution to CleanSpark’s balance sheet is set to increase. The March quarter will see a full quarter of Bitcoin input, with production bringing in between 1.5 to 2 bitcoins per day as the hash rate has increased from 200 PH/s in December to over 315 PH/s in February.
By early 2H21, the company expects to have an extra 800 to 880 PH/s of processing capacity which should grow the total Bitcoin mining capacity to between 1.0 and 1.3 EH/s.
finance.yahoo.com
$CLSK reached Target #2.$CLSK his Short term target area #2 yesterday. Inside trading candle forming today, a nice development over the next few day should occur before running higher.
Nearing new 52-week highI’m looking to see if this will test and breakout to a new 52-week high tomorrow. Multi-year resistance set around 46 for one of the most pronounced cups I’ve ever seen. Good gamma setup for Friday, February 19th.
CLSK - February 18, 2021CLSK potential for a second day play after reporting strong bitcoin mining revenues at 89% gross margins.
Bull Pennant Breakout on CLSKToday's big green candlestick on CLSK gave us the breakout over the bull pennant resistance. Price target of $70 based on the length of the flagpole.
Good ConsolidationThis hasnt run as much as MARA or RIOT, its going to pick up soon and can be a next pick.
