TheTraderAndy

RIOT - Small Dip Before Continuing Uptrend

Lång
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.

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