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Slippe
Feb 22, 2021 6:24 PM

CLSK Elliot Wave analysis 

CleanSpark, Inc.NASDAQ

Description

CLSK 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

Comment

Wave 4 turns out to be a bigger triangle. Pricetargets stay the same. Patience is key
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