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RIOT

How much further up? I pulled in some size, I have no idea where the top is on this. I reduced some size locking in some gains and buying much further out options for the long term. I'm actually considering to sell naked puts at the $35-40 level hoping to get assigned. Would'nt mind at all buying some discount shares at that level. Long term there is some growth here, could a pull back come? One thing that could prevent it is constant news of companies jumping onboard with Bitcoin. If we get major players announcing on a daily basis there is no stopping any of this from going up. Take some profits off the table here and save some bullets for later. If it pulls back for even 1 or 2 days the break would make the move stronger and build some support underneath the current level. I like this stock
NASDAQ:RIOTLong
by Rikity
2
Don’t waste time trading cryptos, Stock is the Hottest market!You may not believe it but I published several intermarket analysis that could be a learning opportunity for avid traders and investors. Most Bitcoin traders and investors think they have the best performance with 254% gain since November 2020. But they will become depressed if they check the Bitcoin miners stocks performance such as RIOT(+1400%),MARA (+1730%), or a biotechnology company BNGO(2640%) gain in the same time period..! Seems unbelievable, but I published my analysis on RIOT @3.87, MARA @2.37 and BNGO @0.52 ..! Please check the related topic and judge yourself! There lots of opportunities if you know how to pick the correct stocks.
BITSTAMP:BTCUSDEducation
by Moshkelgosha
12
HUT - Cup and Handle pattern on dailyThis canadian bitcoin miner has formed a nice cup and handle on the 4 hour and daily chart. I prefer handles that do not go past the 50% Fib retracement. Potential catalyst would be uplisting to Nasdaq exchange from OTC for US traders and the OTC symbol is HUMF. I like MARA RIOT and HUT here in bitcoin mining sector. HUT has $48 mill net cash , while Mara and Riot have less net cash. HUT uses natural gas and Wind farms for energy, so a little cheaper production cost compared to MARA and RIOT. HUT has 3000 BTC inventory, MARA 4812 and RIOT 1053. *I live 2 hours away from their mining facility. Go Bitcoin! :)
TSX:HUTLong
by hockeysniper
A low-value stock FTFT have a greater assets and potentialI checked the announcement of Future Fintech Group (NASDAQ: FTFT). In the past six months, they have successively issued announcements to acquire Hong Kong Nice Talent Asset Management, Sichuan Tema supply chain management, Indonesia Asiasens Investment Holding and Bitcoin Bank in the Caribbean, Blocknance etc, but none of them seemed to have officially completed the acquisition. As a small retail investor, I called to ask about this. Their staff answered mainly because of the Covid-19, which prevented the due diligence from being implemented as planned. The approval of the local government of the acquired company was also delayed due to the Covid-19. However, it should continue in the near future. M&A will be completed. I personally think that FTFT itself is a blockchain concept stock. The stock price has recently risen with the skyrocketing of Bitcoin; once these acquisitions are completed, the stock cannot rise 10 times? I have listed these announcements. What do my friends think? Let's discuss it together. Maybe there is another GME hidden here.
NASDAQ:FTFT
by advance886
Intermarket Analysis of Bitcoin and Major Bitcoin Miners1st we should look at the definition of Intermarket Analysis: Intermarket analysis is a method of analyzing markets by examining the correlations between different asset classes. In other words, what happens in one market could, and probably does, affect other markets, so a study of the relationship(s) could prove to be beneficial to the trader.(Investopedia) Instead of looking at financial markets or asset classes on an individual basis, intermarket analysis looks at several strongly correlated markets, or asset classes, such as stocks, bonds, currencies, and commodities. This type of analysis expands on simply looking at each individual market or asset in isolation by also looking at other markets or assets that have a strong relationship to the market or asset being considered.(investopedia) Intermarket analysis should be considered fundamental analysis in that it relies more on relationships to provide a general sense of direction, but, it is often classified as a branch of technical analysis. There are different approaches to intermarket analysis, including mechanical and rule-based.(investopedia) After talking about the definition of Intermarket analysis, let’s see how Bitcoin rallies affect the stocks price of the major North American Bitcoin miners Marathon Patent Group (MARA) and RIOT Blockchain. This bullish rally started on March 13th , 2020. So far Bitcoin scored from 3850 to 46000 and rewarded the investor astronomical return. But if you look at the return of MARA and RIOT, all of a sudden you will noticed that the very similar correlation exists between Gold price and Gold miners stocks is present between Bitcoin and Bitcoin miners stock price. I published many articles about this in the last 4 months, when Bitcoin was 12400, I predict the sharp move, and asked people to invest in Bitcoin instead of trading it for the next 2 years..! Any time we had a correction, I said don’t panic. But at the very same time, I published my view on RIOT and MARA, and wrote that if there is going to be a Bullish rally, miners will win the race! Now you can see that how true it is. Don’t ignore this correlation..! Moshkelgosha (SniperTrader)
BITSTAMP:BTCUSDEducation
by Moshkelgosha
5
RIOT update from FEB 5My apologies, new here and thus have been flagged for not following house rules and suggesting everyone check out these amazing indicators, don't do that, and I will no longer be asking for you to do so... Lesson learned, moving on...From now on just enjoy these charts, hit that like button and follow if you want more ideas. I will be posting more trading ideas/instructions with my main focus being area of value trades and breakouts like this one!!! From my post Friday (this same chart here) we now have a 50% gain (a 7X move on the option...) be ready for a pullback but I am long RIOT in the age of crypto... I entered the FEB 19 calls before close friday. Cheers to all who got in!
NASDAQ:RIOTLong
by Verum0
5
Every Decade you get one.While everyone is chasing the "next thing" or focussing on short squeezes and pump and dumps... Quietly BNGO has emerged from the depths of penny land. While analysts will attempt to scare you out of this stock by touting a 1000%+ run, and touting it as a penny stock similar to ZOM, a look a little closer reveals the company is just retouching its IPO price from two years ago. This is far from a P&D or a GME Short Squeeze hype play (I am all for the GME play, F' Citron) instead this is a new monetization play with some of the smartest Scientists on earth backing it. Stop and think for a second... Why am I chasing a crowded EV play, its TSLA or nothing, why am I chasing a mature e-commerce play like ETSY or Amazon, why am I chasing a MJ play in a foggy market, why am I chasing a mature fin-tech play, why am I chasing a SPAC above $12. If you are looking for true growth you must search for a market that has yet to be monetized. For the next decade the monetization of the human genome will be the largest growth play on earth. I think we have a winner. It's time to yell BINGO! Sale your car, house, child, sale your body, kidney almost anything you can to buy more shares of this. The moon is imminent. ST PT $25 by March 2021. LT PT $415 by March 2023. FANG will go BANG!
NASDAQ:BNGOLong
by ilike2yolo
7