RIOT Swing TradeBullish play, 90 shares, may continue back up to retest.
Max loss is $22, bought at 22.99.
We'll see how it pans out. Plan to sell on Friday.
SPY seems to be breaking out too.
1RIOT trade ideas
RIOT going back under 20So folks, I make it short:
I am using my old chart, and I see Riot is going to touch the 100 days EMA, then 20 USD, probably followed by the support line at 16.
And eventually 13 / 14. this would be a great BUYING opportunity.
Of course it depends on BITCOIN in coming days.
Please comment. Thanks
RIOT 1/18 Trade Idea and ProjectionsRIOT sympathy play with BTC
BTC:
Bull flag (symmetrical wedge) on Daily
Reversal price action respecting bottom trendline (2 wicks w/ small bodies)
20 SMA coming up for support
$1.9T stimulus packet proposal, decreasing USD
RIOT:
Bull KL's: PLOD, PHOD, 22.50, 24.00, 25.00, 25.50
PT: 26.50, 27.70, 29.30
Long term PT: 33.30, 46.30
Price action projection: gap up, flush, strong morning momentum, 50% retracement, sideways price action. Looking for continued momentum if btc breaks flag with volume
Riot uptrendRiot trending upward, if wants to continue the demand areas should hold for a move higher up, unless it keeps going higher frrm current support.
RIOT - Small Dip Before Continuing UptrendI 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 $21.40, then long from there, given bitcoin continues it's bull run.
If there's a major move in next few days for BTC, expect this stock to run up again.
RIOT - Crypto exposureInfo only, not advice
If you want some exposure to Crypto, but can't directly access in the UK, RIOT is a BTC mining operation
Tracks BTC fairly well
Log chart with some trend and key lines drawn
Looking for pump up to top of trend line and then drop to resistance before pushing up to next high
Bitcoin Sympathy playStock rallied with bitcoin and then tanked with bitcoin.. Now that bitcoin has stabilized and RIOT has bounced off the bottom of its channel might be time to give it a try.
White line s - Original channel
Redlines - Secondary channel
Green lines - targets
Still bullish We reach a strong support at 21$. The Stock was a decent profit for me today and I am still long.
Maybe after falling again, the price range has to be adjusted, but potential to reach again 25 again is there for sure.
No financial advise, I am a part time trader. If you have any questions, don´t hesitate to ask.
parabolic breakouts!! look for a some dip to enter on :)congrats to anyone who got in here at 4 when i first mentioned it, my target of 15-20 hit so i sold everything.i wish i didnt though haha. im looking for a dip entry around 14-16 in the near future. i hope it hits, if not its fine. always more opportunities !
$RIOT - Log view Not recommending buy or sell,
Just a technical viewpoint.
Very very risky (RSI overbought).
RIOT at the bottom of the bullish trendlineClosely observing this level - breaking it will imply at least a short term trend reversal, bounce will increase the possibility the stock be driven to even higher highs.
$RIOT | I predict a riot. Target $70 by June?NASDAQ:RIOT
Riding the Bitcoin wave. RIOT blockchain looking to approach some key levels. A break of the most recent high will confirm quite a nice uptrend and continued break out. Quite nice for some June calls
Uber bullish channelA new, super aggressive bullish channel has been formed and I will closely observe its top and bottom levels. In the short run I think we are all set to go parabolic, however this - as all parabolic moves (apart from TSLA) - is bound to be broken eventually, the question is only when. I might reap my LEAP rewards once the channel is broken and re-enter later, but I'm not sure yet.
However, RIOT is proving to be a beast.
RIOT LongI'm fairly new at this been trying to analyze my own stock charts I usually look at others from tradingview first then go analyze on my own but this one I did completely on my own and just want some feed back from anyone that shares the same passion to see if I did anything right or even better if I did anything wrong so I can grow from it. I highly appreciate your time and feedback
RIOT: UpdateHere's an updated chart for RIOT, trimmed my position today at $24.50 from $16.88 earlier this week for a quick 45% profit
BTC is looking really hot so I think the momentum could push this to $28, but I will have fully exited my position by that price. I will wait to buy shares for the long-term when I hear news about ant miner deliveries and future orders, plus I want to see some guidance or business updates before making a choice to go long (I believe we will see an equity offering soon)
Top of the bullish channelWell, it can only either break through or bounce off of it towards the bottom of the channel - just wanted to point out that we have reached an interesting point. I'm expecting a bounce but holding my leap. Holding it until BTC reaches 100k.
RIOT BlockchainYellow lines as targets. Think Long
Not advice. Weekly RSi is oversold so could retrace hard.
