Jan. 13 at 4:53 AM
Mini-Alpha: Core Scientific
$CORZ
Primary Trend:
Bullish continuation (higher-low structure)
Technical Read
Price:
$17.50
Trend: Clean uptrend since mid-2024, consolidation resolved upward
Moving averages:
Above 50-DMA & 100-DMA
200-DMA rising = long-term trend confirmed
RSI (59): Healthy momentum, room to run
MACD: Bullish crossover, histogram expanding
Volume: Accumulation on dips, not blow-off
Key Levels
Support:
$16.20–16.50 (trend support)
$14.80 (last line before trend break)
Resistance:
$18.00 (near-term)
$20.50–22.00 (measured move / prior supply)
Bias / Alpha
Base case: Bull flag continuation
Bullish alpha: Sustained move >
$18 = momentum chase to low
$20S
Bearish invalidation: Close <
$14.80
Options framing
Bullish: Call diagonals / 2–3 month calls on pullbacks
Risk: Avoid chasing vertical green candles, best entries are MA pullbacks