Breakout Move 🚨 Bought this Stock on GOOD NEWS Today 🚀

The CPI came in softer than expected and it was actually really good news, but the market had a flat day. Kind of scary because you think if it had come in poorly, the market could have absolutely crashed. But for the time being, we are safe. So the big news on inflation is that it's cooling, earnings is not breaking down and the Fed has no reason to raise rates. So, welcome to Wall Street. This is the Stocks with Josh show. Thank you for engaging. Thank you for hitting the like. Hit the subscribe if you want to get 1% better on the charts and taking risk on Wall Street each and every day. Okay, let's talk a little bit about the market today. I want to go over the spy. I'm going to show it to you guys real quick. We've got a handful of other stocks I'm going to cover as well as I'm going to give you a fresh technical view on Bitcoin because I think that from time to time you guys need to be reminded what I think is going to happen with Bitcoin, where we're at, whether it's time to buy. I saw some posts today people saying that the bottom was in and that retail was going to get left behind. I don't think so. I want to remind you what we're watching there to be the trigger. However, the fact is we are much closer to the bottom now than we are anywhere near the top. If you're going to be a slow accumulating buyer, it wouldn't hurt you to buy right now. Okay, let's go over the spy. I want to remind you guys what is the trigger. I want to keep it very simple. We got a dogee candle which is indecision. And where is that indecision at? It's at the top of the market, not at the bottom of the market. We are coiling right now. It's early in the week. I think the market's waiting for a big tech earnings towards the end of this month. Coiling is a lot better than falling. Before I talk to you guys about Bitcoin, I want to talk to you guys about CleanSpark. Now, CleanSpark has for a long time been viewed as a stock that's in the camp of crypto. However, today the stock jumped over 10% based on some news that suggests that we should be looking at them as an AI stock. Let's check that out. CleanSpark lands a $6.6 6 billion data center lease with Global Tech Tenant. CleanSpark, a Bitcoin US mining company expanded into data center operations, has secured a 20-year infrastructure lease at its Sandersville campus in Georgia that is expected to generate $6.6 billion in contracted revenue. That is incredible. And the stock jumped. However, the stock faded throughout the day. Now, I did put on a Clean Spark trade on the dip because I believe that this is pretty good news and it has to be calculated in. There was just so many bag holders on this trade that they have to get flushed out so that it can go higher. Let me take you guys into that chart. All right, every important price is marked on this chart. I think that you put your stop loss in right below $12. And I think that this initial touch of 15 is where there was a bunch of panic sellers who got caught in this big red candle flush down. We're seeing themselves get back to whole a little bit after they bought the dip maybe and this initial green candle sold down. I do think we will test $15 before this good news fades. All right, before I get into the rest of my charts, I have to highlight a master class that I'm working on with Trading with Ashley. I'm going to be teaching the Fibonacci, how to identify it, how to draw it, and what the important levels are and what they mean. And then Ashley's going to be teaching how to take advantage of that with long-term investing skips and leap plays. Here, check out this video. Most traders do not lose because they pick the wrong stock. They lose because they get into it at the wrong level. But here's the good news. Getting the right level is not luck. It's a skill that can be taught in a single afternoon. Now, before I get into that, welcome to Wall Street. My name is Josh with Stocks with Josh, and I've teamed up with Ashley from Trading with Ashley for a special announcement. >> Hey everyone, it's Ashley. Mark your calendars because July 18th, Josh and I are coming together for a live event where we'll teach you the exact steps we follow. So instead of chasing entries, you can sit back and let the price come to you. >> Now, here's the key. You've probably heard of the Fibonacci, or maybe you haven't, but I can tell you that you've never learned them the way that I use them. And once you get it when everybody else is FOMOing in or too scared to move, you're going to know where price is going, and you're going to have your trade mapped out before it gets there. >> Exactly. Instead of stacking a dozen indicators and still secondguessing yourself, you'll be able to pull up any chart and clearly see your next entry. You'll know where to get in. You'll know when to add. And you'll stop watching trades run off without you. >> And here's how the day is going to go. I'm going to go first. I'm going to take you straight into the charts. I'm going to show you where the levels sit, how to draw them fast, and what to ignore. Then I'm going to turn it over to Ashley because finding the levels is only half of it. >> And that's my favorite part. Once price hits one of Josh's fib levels, I'll show you exactly how I trade it. I might sell a put, buy a leap or skip, or if it gets low enough, I might even decide to just buy some shares for a quick swing trade. >> Now, hear me on this. Once registration closes on the 18th, there's no getting in for anybody that skipped it. Here's the deal. You get both Ashley and me live, plus the recording to rewatch any time. And it's only 167, which is a lot less than one bad entry usually costs you. And on top of that, everyone who buys a ticket walks away with two bonuses. First bonus, you get a Q&A with me and Ashley after the event that you can ask us anything. Bonus two, a step-by-step trading checklist that you can put to work the very next morning. >> So join us on July 18th. Just click the link below, grab your spot, and remember, there's no trader left behind. >> Peace and blessings, my friends. If you watch one thing this year, this is it. I'll see you there. Okay, let's talk about Bitcoin. It is currently trending higher with the rest of the market sort of melting up. But I think that there is some news that this market is waiting on for it to sell off. And I do expect Bitcoin to go a little higher, but I don't believe the bottom is in. And that's the main thing I want to identify for you guys is not to be panic buying. Now, you could be buying because as I said, we're a lot closer to the bottom than we are the top. But if you would turn around and panic sell anything that you bought today, then you need to hold on for a little bit, pump your brakes, and let's look at the chart. Okay, I identified a long time ago 56K as the area where I would buy the heaviest. And you can see that we got very very close to it at right around 57K. And so did I miss the bottom? Well, I do believe that we could right now be trending back up to 69K. And this is an area where I would likely expect a rejection. But I've showed you guys something before and that is the death cross of the 50 over the 100 and what it typically means. And here's the main point that I'm making today. going to show it to you both now and in the last cycle so you can see what it is I'm watching for. All right, I put the 50 and the 100 on my chart and you can see that we have officially gotten that cross. That's a pretty important event because after that cross there is really only about 90 days longer to buy Bitcoin at reduced prices before it begins to climb. But let's go and look at the last time it crossed to get a sense of how much time we actually have. So right here is the previous cross from the previous cycle. And you can see that after this cross, it did trend higher for a number of weeks, right? But from the cross to the last opportunity to buy Bitcoin on the cheap before it took off, that was actually 119 days. And there was after the cross one more very strong down red day. Okay? And that's what we're waiting on right now. Personally, if we got one more red day like this, we would hit my 5556,000. And that's the red day that I'm waiting on to get my largest position. And I'm going to be sticking to my plan and buying that 5556K. Let's see what happens. Again, we could go all the way back up to 69. You got to remember, there's a lot of time left in the winter, all the way till the end of this year for something to arise that would cause Bitcoin to drop. So, no FOMO. No FOMO on Bitcoin. All right. I want to briefly cover SPCX because it's officially broken down and I want to remind you guys of what I said would happen, which is that it would break down, that it would fall below its IPO, live traded price of $150. And I also want to remind you when it is I plan on buying that, which is around $115. So, I thank some of you guys for keeping my shares warm for me. I'm coming for them as SpaceX price is falling. Right now it's sitting at $135, but I believe that I will be a buyer at 115. Let me know what you think about SpaceX right now. Make sure you don't miss out on that fib and leaps class that me and Ashley are teaching this coming Saturday. See you then.