realchartchamp

CLSK Rejection at $19.91

Short
BATS:CLSK   CleanSpark, Inc.
CLSK had a rejection at $19.91. I would be concerned for a significant pullback to around $10. I would want to see more bullishness into the $19.91 resistance level before considering any longs. CLSK and other crypto-related stocks will be impacted by Bitcoin's price action. Bitcoin is showing some bearishness and concerns for a drop so I'm personally not interested at opening longs near previous all time highs unless I see a great setup. For now I think CLSK is at risk of a drop here with a target around $9-10.

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