We caught the breakout in 
BITF when it was below 3 earlier this year. It ripped all the way to $6+. Since then, the stock imploded back to the original crime scene amidst the AI overvaluation selloff. The $2.30 area provides good support and the stock has reacted off that level. If Bitfarms can scale its entrance into AI/HPC capabilities, the stock should be able to see the $3.8-4 area barring any further market selloff on AI names.
Stock is current trading around $2.70. I would put my stop at $2.30 if taking this idea.
Best of luck if tailing.
BITF when it was below 3 earlier this year. It ripped all the way to $6+. Since then, the stock imploded back to the original crime scene amidst the AI overvaluation selloff. The $2.30 area provides good support and the stock has reacted off that level. If Bitfarms can scale its entrance into AI/HPC capabilities, the stock should be able to see the $3.8-4 area barring any further market selloff on AI names.Stock is current trading around $2.70. I would put my stop at $2.30 if taking this idea.
Best of luck if tailing.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.