Potential Bottoming for $CLSK

CLSK could be starting a bottoming process, but downside risks remain since the stock has clearly broken below its 40-week moving average.

It found buyers right at the 100% Fibonacci extension and the 0.618 Fibonacci retracement from its 2022 lows. I don't suggest buying it here because there will be opportunities to buy the stock once it proves itself first. This is merely a potential bottoming process I'm observing.