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Jake Wujastyk, Founder / CEO at TrendSpider, notes that markets are searching for reasons to boost crypto mining stocks such as MARA, RIOT, and CLSK.
Wujastyk highlights a potential catalyst that could lift sentiment in the sector, as investors look for opportunities in the crypto mining space.
Wujastyk has recently provided technical insights on major stocks. He observed Microsoft holding at the November 2022 VWAP pivot area as momentum picked up in February and March. Earlier, he reported on a bear flag breakdown in ORCL, indicating a possible test of key support and resistance levels.