CLSK Trade on Aug 19, 2020 14:20 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

-Had $6.7m cash EoY 2019
-Burn roughly 300k cash per month
-$5m left of cash ish

Catalysts / News / Painting the picture

-Earnings: Already up 24% Y/Y and year isn't done yes
-May 05 2020: expects to become profitable by EoY
-May 19 2020: Patent grant news
-Jul 29 2020: Announces Contract for Another Southern California Microgrid / $300k and ongoing software subscription revenue
-Aug 07 2020: Announce Exclusive Costa Rica Partnership
-Aug 19 2020: CleanSpark, Inc. and International Land Alliance Announce Microgrid Development Agreement

Technical Analysis

-SPY pattern: Fade
-Intraday pattern: Runner
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long
Confluence: 1min-JL
Strike Zone: 13.3 - 13.15
Sizing (lots + emergency): 1000
Risk (stop / Rs): 12.99

Review / Lessons Learned

Trade came up quickly and didn't have time to check how big I should get so only took trade with 1/4 size. Small win / wallet padder


Execution detail:

Date/time Symbol Side Price Position
2020-08-19 14:20:50 CLSK buy $13.350 long
2020-08-19 14:20:50 CLSK buy $13.350 long
2020-08-19 14:22:51 CLSK sell $13.460 long
2020-08-19 14:22:51 CLSK sell $13.470 0


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