dRends35

RIOT - Crypto Stocks 🚀🌘

Long
NASDAQ:RIOT   Riot Platforms, Inc.
RIOT is a stock I unfortunately didn't post in time before breaking out but FWIW (not much) I have bought in the shakeout reversal zone.

Actually I didnt "buy" but I shorted 2023 LEAP puts to take advantage of high IV and potentially buy blow the low if put to me.

But for those that dont use Options it is bullish, it is effectively a buy.

Weekly RSI went oversold which historically has always triggered a bounce

RIOT/BTCUSD appears to be forming a new trend with high lows and highs and also RIOT has moved up fast compared to BTC here so I think there is a chance RIOT will make a new high, but I'll judge as it continues.


I'll be buying more or any pullbacks.

Apologies for not posting sooner, but well I'm doing this for free currently and its been hot and sunny ☀️.

Not advice.

Next video Saturday 22 June😼.

Hodlers assume an obvious next wave up but will there be a sting in the tail💀.

Deep analysis - I keep the juicy details for my clients.

Telegram Group: $50 per month 👍🏻.

Contact: t.me/dRends35
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