RIOT continues to strategic level; 10.57 to 11.64 is a key barrier! - Can RIOT hit 14.82? It has a relatively easy path from 9.79 to 14.82! - But first, there is a small bump in the road from 10.57 to 11.64 (reference past price action May 2022) - And tactically, Monday price movement reached 10.57!! (equal high from 11 Aug 2022) - With expanded BB, and MA5 tapering, there is some more upward movements but a consolidation phase is upon. - 8.48 to 9.79 becomes a key range as the MA5 and MA20 might show how price action will go coming days - If 11.64 can be breached, then watch out, 14.82 is an easy target Pullbacks below 10.57 we will need to see support coming in at 9.79 and 8.48 Bullish for now, with caution until 11.64 is broken
Confused About The Global Macro Landscape? Read this! Photo by Sigmund on Unsplash Investopedia defines a business cycle as “concerted cyclical upswings and downswings in the broad measures of economic activity — output, employment, income, and sales.” A few months back, I wrote about how the “HOPE” model best explains the variable lags in the economy and is the correct sequence to identify the business cycles. Housing → Orders → Profits → Employment The biggest mystery remains where we are presently in the business cycle. Sin
Alex Karp was rewarded a compensation package of 1.1 billion in 2020. Highest paid CEO of any company in 2020. Karp sold 309 million in stock in 2021. PLTR stock is below the 2020 IPO price of . You think he was overpaid?$Palantir Technologies Inc.(PLTR)$