ភាគហ៊ុន Silvergate បានកើនឡើង 28.57%, ការផ្លាស់ប្តូររបស់ធនាគារ Crypto អាចទៅរួចទេ?

  • Silvergate Capital(SI) stock price skyrocketed after several prominent firms disclosed their holding in the crypto bank
  • NYSE: SI stock price is up by 48.80% on a weekly basis and formed bullish reversal pattern
  • Silvergate Capital struggles a lot after the FTX collapse and tagged as one of a most shorted stock in the Wall Street

Silvergate Capital Corporation(NYSE: SI) stock has grabbed the attention of many investors when the market came to know about the big firms like George Soros fund, Black rock and State street have stake in it which is enough to trigger the short squeeze in the stock. In the previous session NYSE: SI stock price closed at $22.32 with an intraday gain of 28.57% and the market cap stood at $706.62 million.

Silvergate Capital stock prepares for short squeeze?

NYSE: SI daily chart by Tradingview

Silvergate Capital(NYSE: SI) stock price had shown a wild up move of 28.57% on an intraday basis when several prominent banks and hedge funds disclosed the number of large shareholders in the crypto bank.

In the past couple of months, SI stock has struggled a lot due to the FTX collapse which triggered the negative sentiment and prices hit a 52 week low at 10.81. Later, SI stock prices entered in the narrow range consolidation between $10.81 to $20.00 and lost hope of recovery due to its massive loss posted in the Q4 earnings but surprisingly, 

When the street came to know about the investment of hedge funds and other big shareholders in the crypto bank then market reacted positively and shows a initial signs of short squeeze

ស៊ីលហ្គេត ភាគហ៊ុន has managed to reclaimed the price above the 50 day EMA and also broken out of the higher range hurdle which indicates that the short sellers are stepping back and rushing to close their previous short positions. In addition to that, if prices are able to hold the $20.00 level then we may see a more upward momentum towards $30.00 in the short period of time. However, $30.00 will act as a strong hurdle for the bulls and prices might enter into consolidation before deciding the further direction.

The technical indicators of SI stock like MACD have generated a positive crossover and are attempting to climb above the zero line which indicates bullishness may continue in coming days and the RSI curve at 62 sloping upward also denotes the same direction. However, if prices face rejection from the higher levels then $17.00 to $20.00 will act as a demand zone for the bulls.

សេចក្តីសង្ខេប

Silvergate Capital(NYSE: SI) stock price has given a surprising up-move of 28.57% on an intraday session and showed the initial signs of the short covering rally which might create trouble for the short sellers.

The technical analysis suggests that SI stock is picking up momentum and expected to see more rally in the coming months. However, the company fundamentals are not up to mark which is a big headache for its investors. So ,if the price slipped below $17.00 then we may interpret the recent up move as a trap prepared for the bulls.

កំរិតបច្ចេកទេស

កម្រិត Resistance៖ $25.00 និង $30.00

កម្រិតគាំទ្រ៖ 15.00 ដុល្លារ និង 10.81 ដុល្លារ

ការមិនទទួលខុសត្រូវ

ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់តែគំនិតព័ត៌មានប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។

Nancy J. Allen
ប្រកាសចុងក្រោយដោយ Nancy J. Allen (ឃើញ​ទាំងអស់)

Source: https://www.thecoinrepublic.com/2023/02/16/silvergate-stock-surged-28-57crypto-bank-turnaround-possible/