Riot Platforms, Inc.Short
$RIOT: Large Buying Consolidating and Pushing Lower
Updated
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.
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.
Note
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
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