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mid-cap

One NASDAQ- Listed Bitcoin Mining Stock at Resistance Level: RIOT

Dec 16, 2024 | Team Kalkine
One NASDAQ- Listed Bitcoin Mining Stock at Resistance Level: RIOT
Image source: Shutterstock

RIOT:NASDAQ
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

Riot Platforms, Inc. (NASDAQ: RIOT)

Riot Platforms, Inc. (NASDAQ: RIOT) is a Bitcoin mining and digital infrastructure company. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado.

As per our previous US Dailies report published on ‘RIOT’ on 12th Dec 2024, Kalkine provided an Speculative Buystance on the stock at USD 11.77 based on technical analysis and the stock price has now moved by ~20.13% since then and is trading above target 1.

Noted below are the details of support and resistance levels provided in our previous report:

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