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Riot Platforms, Inc.

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RIOT trade ideas

Dont Panic! Were still going up.Red, Yellow, and Green are resistance points that correspond with how threatening we face of a challenge. Red is our break point. Yellow is our middle support. and Green is our bounce back. If this stock drops refer to these points as buy points. Bitcoin sees no resistance right now and these stocks won't either when the money settles. Let these corrections show that if this stock is still accumulating for a much higher price point. Im no wizard but we saw the last boom have a dip just before this point. Theoretically if history proves itself we could see exactly the same thing here. Lets keep an eye on that pattern because the next stopping point after the small lul was above the $20 mark.
NASDAQ:RIOTLong
by Undees
2
RIOT updateLooks like RIOT could hit $8.50, then $9.77 within the next 5 trading sessions. Those are my 2 price targets. On the weekly: Fast approaching the 200ema, my bet is it'll blow past it seeing how bullish the market is. In addition, investors are looking for alternatives to traditional FAANG+ companies, and ways to future-proof their portfolio On the 15min: Hugging the 25ema. Looking for a slight pull back to $6.80-6.89 Companies like this are pretty hard to value and chart, but using Tobin's Q I got to approx. $8.5-9/share. I think it can pass this as bitcoin sets fresh ATHs
NASDAQ:RIOTLong
by RaftoO
10
Riot Blockchain, Inc. - $5.99 -> $30 With all of the hype around Bitcoin in 2017, companies were literally created around mining this digital piece of currency. To this day, many powerful individuals still believe a single Bitcoin is worth more than a brick of gold. So why do we sit back and watch whoever created this digital masterpiece get filthy rich? Why not get rich with the bastard? RIOT is a company who wants to support BTC and collect as many as possible. With BTC recent spike to 18K, I have no doubt it will reach 50k in a very short time as BTC is undoubtedly the currency of the future. Think of it as a central hub that all countries can share ideas with, and grow out of equally. Unfortunately, banks have not accepted this form of currency until VERY recently. At the same time BTC peaked during 2017, reaching highs of $19.2k, RIOT reached highs of $28.5. Currently: BTC - $18,500 RIOT - $5.99 Don't get left behind boys If BTC breaks $20k within the next few weeks, RIOT will hit at least +$30 by the end of the year. Especially with all the good news coming out. *These are 100% my own thoughts and predictions. Your money is your own responsibility. I am not a financial advisor.*
NASDAQ:RIOT
by Hk2495
4
RIOT: newest addition to my short-term accountForgot to post about this yesterday, I entered into RIOT, small lot of $500 to buy 80 shares at 5.21 (used the bounce off the Fib to enter), came out to $5.33/share. I used the proceeds from selling shares of NIO the other week and reentering at a cheaper price, I never buy lots greater than $1.2K USD unless it's something I will hold for longer than 3 months. Got burnt hard this summer playing around with HTBX + SQ & AAPL options. Learned my lesson to say the least lol Great way to gain exposure to BTC without directly buying it. Price target: $8
NASDAQ:RIOT
by RaftoO
5
RIOT BLOCKCHAINSupporting the Bitcoin Opportunity Riot Blockchain Inc. focuses on bitcoin mining, supporting the bitcoin blockchain by participating in Bitcoin’s consensus system through proof-of-work mining, racing to find the next block, and building upon the chain. We aim to be one of the largest and lowest-cost producers of bitcoin in North America. Bitcoin Mining Bitcoin mining is Riot Blockchain’s strategic focus and we are committed to the expansion of our operations. Riot Blockchain Announces Change in its Board of Directors CASTLE ROCK, Colo., Nov. 17, 2020,/PRNewswire/ -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot" or the "Company"), one of the few Nasdaq listed public cryptocurrency mining companies in the United States, announced today that Remo Mancini has resigned from the Company's Board of Directors, effective immediately. The Company noted, "We are grateful to Remo Mancini for his years of service and leadership on the Board of Directors of Riot Blockchain. He has made an immeasurable impact on the Company. We thank him for his contributions and wish him well." The Company further commented, "Mr. Mancini's decision to resign from the Company's Board of Directors is not the result of any disagreement with the Company's operations, policies or procedures." www.riotblockchain.com Best regards, RyodaBrainless "Live to Ride and Ride to Live"
NASDAQ:RIOTLong
by RyodaBrainless