Dec. 9 at 12:19 AM
Actionable Trade Alert for
$CLSK:
Market Context:
$CLSK is currently trading at
$13.82, with an RSI of 64.9 indicating it is nearing overbought territory. The stock is below both the 30-day moving average (MA30) of
$14.27 and the 50-day moving average (MA50) of
$15.89, suggesting potential resistance levels ahead. The 60-day high of
$23.61 and low of
$9.06 indicate a wide trading range, providing room for volatility.
Directional Bias: The current price is showing bullish momentum but is approaching overbought conditions. A pullback may occur, but the overall trend remains upward given the recent highs.
Trade Plan:
- Suggested Entry:
$13.82
- Stop Loss:
$12.50 (approx. 9.5% below entry)
- Take Profit Targets:
- Target 1:
$15.00 (8.5% ROI)
- Target 2:
$16.00 (15.5% ROI)
- Target 3:
$16.20 (17.3% ROI)
Monitor RSI and price action closely for potential adjustments.
https://privateprofiteers.com
