
Last night, RIOT broke out of the clouds which stems from its $311 million dollar deal AMD and its strategic shift to become a high-value HPC/Data centric model.
All indicators from the Ichimoku Cloud suggest that RIOT is moving very bullish right now, although it might be best to wait for a pullback before the entry.
I will be camping for updates tonight to see if the price movement will pull back to the kumo cloud or to kijun line. I am actually also procrastinating whether i should i just buy in right now. I need to study more on swing trading and pull backs. is it really necessary? because until day trading, pull backs does not seem to happen often for swing trading.
Lets see how it goes.
Leave a comment