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astrobiogeosophy
Sep 30, 2020 2:33 PM

CLSK cup and handle - long Long

CleanSpark, Inc.NASDAQ

Description

I'm a newbie to investing so please don't take this as financial advice - just an idea.

Seems a nice cup and handle is forming on the 2 hour chart for CLSK. I'm expecting a drop down to the mid to low 12s before trending upward. I already have a position is CLSK but will add if it drops to 12.50 or lower with a stop loss of around 11.50. Price target to sell in the 16s.

Trade closed manually

Idea is no longer valid now that Trump was diagnosed with covid causing uncertainty in the market. Got out at 11.75, will get back in when it bottoms out.

Comment

Market held up well to president's diagnosis, got back in at 11.45 and still expecting the upward trend.
Comments
astrobiogeosophy
Edit - idea is no longer valid since Trump’s diagnosis has rattled the markets. Selling my position at open and will get back in when it bottoms out.
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