Time for the post election $RIOT

לפני 15 שעות

Key Stats:

• Market Cap:4.32B
• P/E Ratio: 42.23
  
• Employee Growth (YoY): +45%
  
• Next Earnings Date: March 12, 2025
  

Top 3 Technical Reasons RIOT Will Go Up:

• Bullish Flag Breakout: RIOT just broke out of a textbook bullish flag pattern on the daily chart, signalling a continuation to the upside.
  
• Strong Support at $12.50: It’s bounced off this level multiple times, showing buyers are stepping in aggressively.
  
• RSI Momentum: RSI is climbing but hasn’t hit overbought yet, leaving plenty of room for upside.
  

Top 3 Fundamental Reasons RIOT Will Go Up:

• Bitcoin Resurgence: BTC is back above $100,000, and RIOT’s revenue directly benefits from higher mining profitability.
  
• Institutional Interest: Recent filings show increased holdings by major funds, signalling confidence in the sector.
  
• Infrastructure Growth: RIOT’s expanded mining operations and improved energy efficiency position it to capitalize on the next BTC bull run.
  

Potential Paths to Profit:

• Option 1 (Lowest Risk): Buy shares outright and hold until the $15.86 target.
  
• Option 2 (Moderate Risk): Buy $15 calls expiring in May 2025.
  

Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.