TheTraderAndy

RIOT - Small Dip Before Continuing Uptrend

Alış
NASDAQ:RIOT   Riot Platforms, Inc.
I think RIOT needs to correct a little before it can continue rising within the formed trend channel on the daily charts.

RSI still looks overbought.

This stock obviously reacts to BTC Price movements, but it's sometimes delayed.

Short term dip, with an entry price target of about $21.40, then long from there, given bitcoin continues it's bull run.

If there's a major move in next few days for BTC, expect this stock to run up again.

*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.