TheDrivenTrader

ANY - Looking for a Correction

Long
NASDAQ:ANY   Sphere 3D Corp.
With the combination of Omicron's affect on the market, the sudden urge for tapering by the Fed and the 10K+ drop in BTC, ANY is one of the most hammered stocks. ANY has dipped below the 30 RSI and crossing the 0.236 Fib line. However, when you include sentiment and the fact that ANY is still a bitcoin mining play, the technicals are indicating a strong buy. It's worth a position to test for any correction on the upside. As with any entry, have a stop loss and play the chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.