RIOT: Double bottom to the moon or false break nosedive?The move up today looks very encouraging, but we only have a 3 waves move so far. Price broke above $7.39, which is a good sign, a higher high. Now price needs to stay above $6.67 and complete a full 5 waves sequence. Even then, the danger might not be over until price breaks above $8.24 and better
Key facts today
Riot Platforms shares increased by 2% in premarket trading, coinciding with Bitcoin reaching its highest level in seven weeks at $88,685.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
7.37 MXN
2.28 B MXN
7.85 B MXN
325.42 M
About Riot Platforms, Inc.
Sector
Industry
CEO
Jason Les
Website
Headquarters
Castle Rock
Founded
2000
FIGI
BBG00Z4JR3L7
Riot Platforms, Inc. is a bitcoin mining company, which engages in the provision of special cryptocurrency mining computers. It invests in Verady, Coinsquare, and Tess. It operates through the Bitcoin Mining and Engineering segments. The Bitcoin Mining segment focuses on maximizing ability to successfully mine Bitcoin by growing hash rate. The Engineering segment designs and manufactures power distribution equipment and custom engineered electrical products that provides them the ability to vertically integrate many of the critical electrical components and engineering service. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.
RIOT: A less severe crash countThis is my less severe crash idea. We should get one more lower low in this count to close out Wave 2 of the intermediate degree. The low of $6.22 is not very clean and the recovery since then is also quite choppy, suggesting a final flush out. My previous count expects a worse case. This one is a b
$RIOT / 3hIt takes time for the waves to settle and the tide to change!!
Today, the price volatilities revealed the ultimate final subdivision of wave v in an integral sequence in five waves. Hence, today's 6.39 low might be considered a significant extreme point close to the Fib 1.272 expansion level on th
RIOT: Now it has turned into a triple combo correctionSunday night drop broke below $6.36, invalidating the minor wave 2 count and confirming that Intermediate wave 2 is still in progress. This price action can be a triple combination WXYXZ pattern. Now, good news is, this should be the last C wave leg. Bad news is it can still drop quite a bit more be
RIOT: a hair away from invalidationFriday drop came about a hair length from invalidating my current count. But a strong reversal is keeping it intact still. We do not have a full 5 waves moves up to confirm a wave 1 yet. So, it is possible that Monday might sell off again and invalidate this count. If we lose the minor degree wave 2
$RIOT / 3h#RiotPlatforms may have concluded the entire correction in Minor degree wave 2 by an ending expanding diagonal in its wave (c) of ((y)). This week NASDAQ:RIOT revealed a three-wave sequence as the final decline in wave v of (c), which should be over.
So, today's 6.40 low might be respected as a
RIOT - Fundamentals/Financials don’t matter. Staying Long CryptoI haven’t bought bitcoin mining stocks this market cycle, and don’t plan on buying them, but I thought this was an interesting exercise. MARA is the undisputed king of bitcoin mining and it’s not even close. From a fundamental and financial standpoint, MARA should be the best bitcoin mining stock to
$RIOT / 3hEventually All Waves Settle!!
#RiotPlatforms has worked well, rising by 17% in three consecutive days this week.
According to the prior analysis in the same frame, NASDAQ:RIOT could have concluded the entire correction in its Minor degree wave 2 by an ending expanding diagonal in wave (c) of
OptionsMastery: Looking for an immediate buy on RIOT!🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
$RIOT / 3hEventually All Waves Settle!!
The market selloff in five straight trading days has extended the current decline in wave(c) and exceeded the last extreme low at 7.24 as well. It would suggest the ending contracting diagonal in wave (c) to morph into an expanding diagonal,
as adjusted on this frame.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where RIOT is featured.
Related stocks
Frequently Asked Questions
The current price of RIOT is 139.79 MXN — it has increased by 12.63% in the past 24 hours. Watch RIOT PLATFORMS INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BMV exchange RIOT PLATFORMS INC stocks are traded under the ticker RIOT.
RIOT stock has fallen by −0.44% compared to the previous week, the month change is a −10.26% fall, over the last year RIOT PLATFORMS INC has showed a −16.78% decrease.
We've gathered analysts' opinions on RIOT PLATFORMS INC future price: according to them, RIOT price has a max estimate of 459.05 MXN and a min estimate of 199.59 MXN. Watch RIOT chart and read a more detailed RIOT PLATFORMS INC stock forecast: see what analysts think of RIOT PLATFORMS INC and suggest that you do with its stocks.
RIOT reached its all-time high on Feb 19, 2021 with the price of 1,600.00 MXN, and its all-time low was 63.40 MXN and was reached on Dec 28, 2022. View more price dynamics on RIOT chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RIOT stock is 12.17% volatile and has beta coefficient of 2.26. Track RIOT PLATFORMS INC stock price on the chart and check out the list of the most volatile stocks — is RIOT PLATFORMS INC there?
Today RIOT PLATFORMS INC has the market capitalization of 48.96 B, it has decreased by −11.83% over the last week.
Yes, you can track RIOT PLATFORMS INC financials in yearly and quarterly reports right on TradingView.
RIOT PLATFORMS INC is going to release the next earnings report on May 1, 2025. Keep track of upcoming events with our Earnings Calendar.
RIOT earnings for the last quarter are 7.92 MXN per share, whereas the estimation was −3.75 MXN resulting in a 311.29% surprise. The estimated earnings for the next quarter are −4.63 MXN per share. See more details about RIOT PLATFORMS INC earnings.
RIOT PLATFORMS INC revenue for the last quarter amounts to 2.97 B MXN, despite the estimated figure of 2.83 B MXN. In the next quarter, revenue is expected to reach 3.25 B MXN.
RIOT net income for the last quarter is 2.84 B MXN, while the quarter before that showed −3.04 B MXN of net income which accounts for 193.53% change. Track more RIOT PLATFORMS INC financial stats to get the full picture.
No, RIOT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 23, 2025, the company has 783 employees. See our rating of the largest employees — is RIOT PLATFORMS INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RIOT PLATFORMS INC EBITDA is −3.19 B MXN, and current EBITDA margin is −40.62%. See more stats in RIOT PLATFORMS INC financial statements.
Like other stocks, RIOT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RIOT PLATFORMS INC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RIOT PLATFORMS INC technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RIOT PLATFORMS INC stock shows the sell signal. See more of RIOT PLATFORMS INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.