the only sector I am even kinda bullish for long term is energy (even though I believe we are heading for a deflationary secular downtrend). However, the more I hear people talk about the "market is crashing" the less I believe it can happen. So I am trading against my thesis here; and buying some CLSK for long with a small position. I originally was long at 2 dollars here, getting back in to hedge against bearish positions... if inflation does happen post election; the energy sector is the most A symmetrical bet I can make. CLSK has the patent for micro grid technology.... huge untapped market that will be introduced to multiple systems as the U.S. diverts from oil dependency. Do your DD... big things coming.
I'm also gonna grab some IYE and XLE for the 8% dividend yield as well.
that extended rectangle is a daily gap, once there ill trim my position or maybe get a put to hedge.
I am not buying calls here I'm gonna play it safe and just grab the stock for long.
tsx_trader
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@I8I, Thanks, I am a little bit in the red in my position, but I have faith in this one for sure.
UnknownUnicorn7567260
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@tsx_trader i bet in 30 years its 100$ no joke or it gets bought out this is a hidden gem; micro grid is the future.. does business w tesla as well