Get started
Core Scientific, Inc.Core Scientific, Inc.Core Scientific, Inc.

Core Scientific, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

CORZ trade ideas

CORZ could be 15-22 dollars before EOYHello Tradingview community! This is simply just an idea and nothing more.. Don't come crying to me if it doesn't work as shown in the charts (ty) DYOR NFA Anyway.. this pattern has 2 targets: Bullish -> 15-22 (what i find the most likely) and the other target: Bearish -> 6-8 dollar zone (i find it more unlikely) This is technically a "bearish" pattern, but it's only slightly more likely bearish than bullish. This is an EOY prediction and not involving 2025 (we got 3 months to find out) NFA DYOR <<<---- EDIT: we also got the 13-13.5 target as our FIRST target as you can see on the chart.
NASDAQ:CORZLong
by RandomTAdude
Big loss - not unexpectedAs I said yesterday, I was expecting this sharp pullback and to give back most of my gains which happened. Work was really busy and I had no time to manage positions today. But maybe that's just an excuse and I don't take this seriously enough. During the first hour I was actually up 1.5%, then later it reversed down to a -7% portfolio loss for the day. Market is yet to close, I'll wait for before the close but I'm thinking of reducing my exposure by half.
NASDAQ:CORZ
by BenedekBokor
Core Scientific: Getting ready for a move higherCore Scientific is forming a bull flag in the $9-$10 range. These bitcoin miners tend to follow bitcoins price movements on a grand scale, while bitcoin has dropped 20% since June 6th from a high of $71,000, down to Fridays close of $56,600, miners like Core Scientific have stayed steady. It cannot be over emphasized how insanely bullish this is. Core is coming out of bankruptcy which is the only reason it is so cheap to begin with and it has had quarter after quarter of negative net income. On May 8th, they finally reported positive net income for the first time since bankruptcy, beating estimates by over 400%. This resulted in a buying frenzy by institutions, sending the price from $3.50 per share all the way up to almost $11 per share. It has been consolidating since, while bitcoin has been collapsing 20%. In addition, they also announced they signed 12 different AI computing contracts. They are getting into the AI space because it's getting harder and harder to mine bitcoin and eventually, they know they will have to branch out if they wish to remain profitable. They have been using their profits in bitcoin mining to fund operating costs while other miners are simply issuing more shares, diluting the value of their stocks, the list goes on. As you can see in the chart, there is a massive negative divergence forming on the daily timeframe, if Core Scientific contracts downward, I expect a bounce in the highlighted golden pocket zone but this may not happen, it may breakout to the upside but I am very bullish on this stock either way.
NASDAQ:CORZLong
by bradc1984
CORZ Shorting strategyThis is 1h timeframe. Started the day with an entry at the lowest blue line 9.03 with a TP at the dashed line 9.51 As a general rule, if you have sell/buy side liquidity accumulation forming a pattern, once the first high/low is swept, the rest of highs (in that same parttern !) will probably follow. works better with highs than lows. So now that we swept all buy side liquidity, we are failing to close above the 50% of the move down, suggesting weakness. How to Trade : If price goes below the second blue line from the bottom, we can enter into a short position with an entry at that blue line (9.21) with a potential TP at the two aligned order blocks, 9.65 ! Let's not risk it further, eventhough price seems to be too extended over the 50 SMA, it might bounce and go higher. I can't tell you where to put your SL, each one manages the risk differently. Don't forget to follow for more !! ;)
NASDAQ:CORZShort
by Tskynome