$Mawson Infrastructure Group Inc.(MIGI)$

$CleanSpark, Inc.(CLSK)$

Why: Mawson Infrastructure Group announced it has entered into definitive agreements with CleanSpark to sell its Sandersville, Georgia Bitcoin Mining Facility, and 6,468 ASIC Bitcoin Miners to CleanSpark for up to a maximum total purchase price of $42.5 million, subject to reaching certain earn-out commitments, with closing expected in early October.

Deal terms: Mawson has executed definitive documentation to sell its Sandersville, Georgia Bitcoin Mining Facility for approximately $33 million plus power deposits, at a premium to book value, and 6468 ASIC Bitcoin Miners for an additional $9.48 million. And as part of the $33 million of consideration, Mawson will receive up to approximately $11 Million in CleanSpark stock ($4.5 million of which is subject to meeting certain earn-out commitments), which if the full amount is achieved would result in Mawson owning approximately 5.5% of the outstanding common stock of CleanSpark (calculated as of today’s date).

@daz999999999
$Mawson Infrastructure Group Inc.(MIGI)$ Signals & Forecast There are few to no technical positive signals at the moment. The Mawson Infrastructure Group Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.71 and $0.81. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, August 12, 2022, and so far it has fallen -33.37%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Support, Risk & Stop-loss There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days. $0.67 $0.68 This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.21 between high and low, or 31.80%. For the last week, the stock has had daily average volatility of 16.27%. Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set. Trading Expectations For The Upcoming Trading Day Of Monday 12th For the upcoming trading day on Monday, 12th we expect Mawson Infrastructure Group Inc. to open at $0.73, and during the day (based on 14 day Average True Range), to move between $0.56 and $0.77, which gives a possible trading interval of +/-$0.10 (+/-15.40%) up or down from last closing price. If Mawson Infrastructure Group Inc. takes out the full calculated possible swing range there will be an estimated 30.80% move between the lowest and the highest trading price during the day.
$Mawson Infrastructure Group Inc.(MIGI)$ Signals & Forecast There are few to no technical positive signals at the moment. The Mawson Infrastructure Group Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.71 and $0.81. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, August 12, 2022, and so far it has fallen -33.37%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Support, Risk & Stop-loss There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days. $0.67 $0.68 This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.21 between high and low, or 31.80%. For the last week, the stock has had daily average volatility of 16.27%. Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set. Trading Expectations For The Upcoming Trading Day Of Monday 12th For the upcoming trading day on Monday, 12th we expect Mawson Infrastructure Group Inc. to open at $0.73, and during the day (based on 14 day Average True Range), to move between $0.56 and $0.77, which gives a possible trading interval of +/-$0.10 (+/-15.40%) up or down from last closing price. If Mawson Infrastructure Group Inc. takes out the full calculated possible swing range there will be an estimated 30.80% move between the lowest and the highest trading price during the day.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • SnailWalker
    ·2022-10-21
    [Salute] [Salute]
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    ·2022-10-21
    congrats
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    ·2022-10-21
    [Happy]
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    ·2022-10-21
    js
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    k
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    K
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    ·2022-10-21
    Ok
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    ·2022-10-21
    Good
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  • franklinchin
    ·2022-10-21
    yes
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  • ccwee
    ·2022-10-21
    nice
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    ·2022-10-21
    ok
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    ·2022-10-21
    Ok
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    ·2022-10-21
    cool
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    ·2022-10-21
    Ok
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    ·2022-10-21
    OK
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    ·2022-10-21
    Ok
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    ·2022-10-21
    ok
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    ·2022-10-21
    Ok
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  • CalvinCougar
    ·2022-10-21
    good
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  • keithfong
    ·2022-10-21
    Ok
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