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RDJones0523
Feb 28, 2024 7:46 PM

Small Upside Head and Shoulders on the back of Huge Cup & Handle Long

Riot Platforms, Inc.NASDAQ

Description

I've been following Riot for a couple of years. A cup and handle pattern has formed on the daily. It appears to me an upside-down head and shoulders have formed on the back of the handle. Maybe this is a squeeze before finally breaking resistance. Considering the halving event is coming in April, this could be a potential opportunity, or another swoop of profit taking which sends the stock through another grueling clawback. I'm watching resistance and the neckline for any indication. Bitcoin hit 62K. Can Riot follow or is this going to be a lagger in mining?
Comments
foreignMeerkat66130
RIOT needs a lot of patience.. but It will moon again mid or end of 2025
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