GoldvalleyCap

TeraWulf Inc. Long

Long
BATS:WULF   TeraWulf Inc.
Crypto on the move breaking key levels.
Here is a stock that might benefit from that and might offer some upward potential along the crypto run. TeraWulf is a bitcoin mining company, but unlike other mining companies. This miner operates with a nuclear power plant. Pretty genius. History has proven that if bitcoin moves, this stock pretty much moves along. Seen from the daily we see a local breakout from the downward channel as the stock has been selling off pretty much, but with bitcoin breaking the 35k level, some potential firework for this stock might be looming and potentially trade back to maybe $3 range in the short term.
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.