We have a gap at $11 after having a strong week, we broke the $15 and retested it and failed multiple times to hold $15 as a support. Yesterday we dropped to $13 and for another attempt at $15. We saw a slight moment of a retest before getting a strong rejection into closing and after hours. Today riot retested $15 and failed once again leading to a mass sell off.
Target is $11.
Closed long's at $15.48 opened $8.30 $3 calls
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Puts went from .30 to 1.30 woooooooo
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Don't get tricked by this fake out coming
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Continuation, bulls tried to hold it above $13.20 and failed
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.