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Bitcoin Miners Lagging Behind Bitcoin’s Rally
RIOT has underperformed over the past 2 earnings announcements. The most recent earnings was announced on Oct. 30. The crypto market is hot right now, and RIOT is still rallying despite the poor earnings performance. I have $13.04 and the yellow trendline as key resistance targets on the way up. The yellow trendline gives a […]Read More
Stock Market Rallies on Election Night
The stock market also experienced a strong rally during overnight trading. QQQ has rallied by 2%+, which is very high for a stock market index. QQQ has formed a bullish gap higher, and is trading near resistance at all time highs. The yellow trendline has acted as strong resistance over the past few months and […]Read More
TSLA Rallies With Trump Victory
Elon Musk has played an important role in supporting Trump during the 2024 US presidential elections. Trump’s victory is also benefitting stocks and cryptos associated with Elon. TSLA has experienced a strong rally during overnight trading, rising from $250 per share to as high as $289 per share. More importantly, TSLA has formed a bullish […]Read More