$RIOT: Large Buying Consolidating and Pushing Lower

Look for the early sell-off and wait for consolidation with volume to confirm a move.

A Few Factors to Consider

- overbought RSI
- low volume support end of day
- Price sitting right under HVN
- Well above VWAP and Weekly VWAP

If stock pushes past 22.05, prepare for massive sell-off wih a resurge. As always, use volume to confirm a push to the up or downside and act accordingly.

Yorum:

Still Low caution but Pre-Market blew past HVN overnight.

RSI still high as we begin to reach new heights in recent months.

Now, I would be looking to see support at the old LVN at $22 and look for potential buy-in.

Still a dangerous move so might wait until consolidation on 1 min