RIOT has underperformed over the past 2 earnings announcements. The most recent earnings was announced on Oct. 30. The crypto market is hot right now, and RIOT is still rallying despite the poor earnings performance. I have $13.04 and the yellow trendline as key resistance targets on the way up. The yellow trendline gives a target around $15.30, this price declines over time since the trendline is sloped downwards.

I think MARA’s price action is very disappointing considering Bitcoin’s strong rally. MARA is trading below a $20.30 resistance level, and has made little progress to the upside over the past few months. I have warned you guys about Bitcoin miners, I think it will be tough for them to be profitable. Miners have to keep diluting investors by selling shares to raise capital. Most miners have diluted investors around the time of the Bitcoin halving. Currently it costs around $81k to mine one Bitcoin, and Bitcoin is still trading under $81k so miners are taking a loss until Bitcoin reaches higher price levels. MARA has support at $14.22 and resistance at $32.23, but for now I would monitor $20.30 for a break or rejection.

CLSK is also underperforming with little progress over the past few months. CLSK is trading around $12.70 resistance, and is attempting to form a breakout here. I have $23.44 and $40.28 as key sell targets on the way up. I think miners can still see some upside, but there are better performing crypto-related stocks such as COIN and MSTR.

HUT has been performing pretty well compared to other Bitcoin miners. There has been a rally over the past few weeks, and HUT is attempting to form a bullish breakout above $18.65 to rally higher. I have $64.69 as a long term target, I would monitor for a successful breakout above $18.65 first.

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