RIOT update
Looks 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
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
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