Find the BEST Respected Moving Average Support & Resistance Lines

Riot Platforms: What’s Up, Doc?

RIOT kept its afterburner on to complete a 61.76% value increase in 2 weeks

Last week we wrote about the club Riot Platforms joined, after its stock blasted through its best respected weekly resistance lines.

RIOT justified its club membership. The stock closed the last trading week at $19.12, up 23.51% from the previous weekly close, and 61.76% above its weekly close just before the powerful break, 2 weeks ago.

The weekly chart, overlaid with its originally spotted, best respected, weekly moving average resistance lines, tells the story beautifully:

RIOT with its support and resistance MA lines, as posted on Sunday, 9 July 2023, weekly chart

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