TATCH 👻 TRADING ANALYSIS: [RIOT] is Riot Blockchain a dead stock ? Dead cat bounce ?

in money •  7 years ago 

Hello !

A few days/weeks back, one of our TCN's holder point us out to Riot.
Unknown-5.jpg

Price Action

Price shows some good opportunities with a large confluence of patterns: Wolfe, Wedge, TL break with price retest and everything.
Price "should" go for at least one of 3 blue line with 22$ as a potential target (elasticity related).
Capture d’écran 2018-02-26 à 22.33.19.png

"Tout ce qui brille n'est pas d'or"

Despite some good price actions, company made infamous media titles last week as Gartman (a famous "investor"/Tv-Host) got allegedly 'rekt' betting on this stock.
See: https://www.zerohedge.com/news/2018-02-20/gartman-blows-riot-blockchain
Worst an investigation from CNBC shows the company as 'scamy' and probably fraudulent:
https://www.cnbc.com/2018/02/16/public-company-changes-name-to-riot-blockchain-sees-shares-rocket.html

Riot is not the only blockchain related company in torments... https://wolfstreet.com/2018/02/18/blockchain-stocks-completely-disintegrate/

Don't hesitate to join us on Telegram, upvote, share and ask questions in comment section.

Much love

Cédric

Tatch Capital Limited

https://TatchCapital.Com

[TCN]: Tatch Convertible Note (aka TatchCoin)

https://tatchcapital.com/token.html

[EUR/TCN]

https://wallet.tatchcapital.com/market/TATCHCOIN_EUR

GuldenTrader

https://guldentrader.com

GuldenBites

http://guldenbites.nl/en/
@originalworks

All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!