jsgiardino

There's a riot coming... Short Squeeze on RIOT

Panjang
jsgiardino Telah dikemas kini   
NASDAQ:RIOT   Riot Platforms, Inc.
With a Short Interest of 26% and an active attempt to squeeze the shorts it looks like RIOT could see a volatile move upwards supported by reasonable fundamentals, Bitcoins recent price action, and technical indicators that suggest a reversal.

Setting up to break out of a descending channel/wedge.

F-Score is a 5 with some indication the books may be cooked so this likely isn't a buy & hold.

Price target & stop loss recommendation put this at a 6:1 risk to reward ratio.

Timeline is days to weeks. Watch for a position Monday morning around 10:30am.
Komen:
This one played out as expected. Price target hit.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.