Longer Term Trading Plans for RIOT
- Buy RIOT near 9.49 target 12.62 stop loss @ 9.46
- Short RIOT slightly under 12.62, target 9.49, stop loss @ 12.66
June 16, 2025, 18:10 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy RIOT near 9.49 with an upside target of 12.62. This data also tells us to set a stop loss @ 9.46 to protect against excessive loss in case the stock begins to move against the trade. 9.49 is the first level of support below 10.13 , and by rule, any test of support is a buy signal. In this case, support 9.49 is being tested, a buy signal would exist.
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