yeah I mean it's off the highs but you almost talk like it's now
negative, first off it's still well over the breakpoint area so
anyone who bought the triangle break and didn't sell are still
nicely profitable but it's also still well over the 5 area, however
I commented that it looked like a lower risk buy inside the
triangle around the 460 - 4.80 area so with the stock still trading
at 5.15 that's still up nicely. All it's done is pullback and
held support so far
but on the flip side we did also say that it's a crap company,
one for a trade, not to marry
Posted by disciple33 on 17th of Apr 2019 at 02:47 pm
I noticed it right at the breakout area yesterday (was watching
your chart from the newsletter), but was distracted by a GDX bottom
of triangle chart that I had bought. I picked the wrong horse. RIOT
was a nice play. Could have more upside, true.
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NICE on RIOT
Posted by matt on 17th of Apr 2019 at 10:04 am
RIOT - Chart Link - nice moves! Yes it's a POS company as Steve said last night but it was for a trade not to marry it
RIOT - Chart Link
Update: NICE on RIOT
Posted by matt on 17th of Apr 2019 at 11:06 am
RIOT - Chart Link - sold most of my RIOT, good enough
Well done; looks like you
Posted by disciple33 on 17th of Apr 2019 at 02:07 pm
Well done; looks like you got out before the RIOT police were called.
yeah I mean it's off
Posted by matt on 17th of Apr 2019 at 02:44 pm
yeah I mean it's off the highs but you almost talk like it's now negative, first off it's still well over the breakpoint area so anyone who bought the triangle break and didn't sell are still nicely profitable but it's also still well over the 5 area, however I commented that it looked like a lower risk buy inside the triangle around the 460 - 4.80 area so with the stock still trading at 5.15 that's still up nicely. All it's done is pullback and held support so far
but on the flip side we did also say that it's a crap company, one for a trade, not to marry
I noticed it right at
Posted by disciple33 on 17th of Apr 2019 at 02:47 pm
I noticed it right at the breakout area yesterday (was watching your chart from the newsletter), but was distracted by a GDX bottom of triangle chart that I had bought. I picked the wrong horse. RIOT was a nice play. Could have more upside, true.