LeLaf

RIOT: Bullish Pennant

Long
NASDAQ:RIOT   RIOT BLOCKCHAIN INC
Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
200MA ascending
250RSI above 50

PT = 134.99$

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Comments

Riot trends if Bitcoin performs well. Watch bitcoin and then decide when invest.
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I like RIOT. I read a bunch and the fact it's blockchain makes it even easier to buy. Buuuuuuut it needs more investment. Even though the volume is high it's only because it's a small cap. Thanks for the info!
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