$Riot Platforms(RIOT)$ ๐Ÿš€๐Ÿ”ฅ๐ŸŽฏ $RIOT Is Primed for a Breakout & Iโ€™m Betting on the Hash Ribbon Ignitions๐ŸŽฏ๐Ÿ”ฅ๐Ÿš€

โšก While everyoneโ€™s glued to Riotโ€™s earnings chatter, Iโ€™m focused on something bigger. Underneath the noise, a setupโ€™s building that I havenโ€™t seen in months and itโ€™s screaming asymmetric opportunity. โšก

Bitcoin adoption isnโ€™t slowing down. Spar supermarkets across Switzerland are rolling out Bitcoin payments after successful pilots.

When Bitcoin hits the checkout line, miners like $RIOT donโ€™t just benefit, they amplify.

Riot Platforms drops earnings post-market 01May25, and the stage couldnโ€™t be set any sharper.

๐Ÿ“Š Where Things Stand:

   โ€ข   Revenueโ€™s expected to jump to $158.6M, a full +100% year-over-year

   โ€ข   EPSโ€™s forecast to swing to -0.12 USD, from +0.81 USD last year

   โ€ข   EBITโ€™s expected to turn from +$203.9M to -$30.7M

This isnโ€™t a clean earnings setup, and it doesnโ€™t need to be. Riotโ€™s a pure Bitcoin leverage play right now, not a margin story.

๐Ÿ“ˆ The Charts Tell the Story:

   โ€ข   Riot smashed through the TrendCloud on the daily, lining up with the broader miner rally

   โ€ข   Weekly RSIโ€™s showing bullish divergence, with buying pressure growing even as price hesitated

   โ€ข   TMOโ€™s leaning bullish, not full-blown yet, but close

   โ€ข   Key support at $6.36 held like a fortress

   โ€ข   Resistance at $7.73 was taken out, with Fridayโ€™s post-market closing at $7.79

The technicals are lining up, and when miners start leading, they rarely do it quietly.

๐Ÿ”ฎ The Hidden Catalyst, Hash Ribbon Ignition

The Hash Ribbon fired a buy signal in early April at $7.33.

Last time this signal fired in October 2024, Riot ran from $8.66 to $15.82, a clean +104% move.

A similar move now would put Riot around $14.97, and I wouldnโ€™t rule out even higher if Bitcoin catches momentum.

Signals like this donโ€™t show up often, and Iโ€™m not ignoring it.

๐Ÿ›ก๏ธ Behind the Scenes Strength Most Traders Are Missing:

   โ€ข   Riot holds 7,327 Bitcoin as of Q4 2024. Thatโ€™s real balance sheet firepower that grows every time Bitcoin rallies

   โ€ข   Riot secured a $100M credit line with Coinbase, using Bitcoin as collateral, keeping liquidity strong without issuing new shares

   โ€ข   Riot locked in 700 MW of fixed-rate power contracts in Texas, giving them a major advantage as energy costs crush weaker miners

Thereโ€™s real resilience under the hood, even if the headlines wonโ€™t tell you.

๐Ÿ“š What the Analysts Are Seeing:

   โ€ข   16 analysts covering

   โ€ข   ๐ŸŸข 19% Strong Buy

   โ€ข   ๐ŸŸข 75% Buy

   โ€ข   ๐ŸŸก 6% Hold

   โ€ข   ๐Ÿ”ด 0% Sell

   โ€ข   ๐Ÿ”ด 0% Strong Sell

   โ€ข   Mean target price: $16.68, implying +114% upside from Fridayโ€™s $7.79 close

The Street sees whatโ€™s building. Iโ€™d rather be ahead of them.

๐Ÿ“‰ Short Interest Is the Fuel:

   โ€ข   8.38M shares shorted

   โ€ข   31.49% of the floatโ€™s short

If Riot surprises even modestly, or if Bitcoin keeps climbing, these shorts are cornered. Forced covering could sling this stock higher before most even realise itโ€™s happening.

๐Ÿ“… Seasonality vs Reality:

Mayโ€™s historically been a weak month for Riot, with an average return of -4.67%, but Iโ€™m not putting weight on that this time. Bitcoinโ€™s gaining adoption momentum, technicals are firing, and the setup looks nothing like a typical May.

๐Ÿง  Why Iโ€™m Positioned for Upside:

This is a pure volatility trade with the odds leaning towards the bulls.

Bitcoin strength, miner technicals, Hash Ribbon ignition, analyst upside, and heavy short interest, it's all stacking in the same direction.

If Bitcoin pulls back, sure, $6.36โ€™s my line to watch. Buright now, the risk, reward balance is clear, and Iโ€™m positioning for the breakout.

Iโ€™m not here to trade scared.

Iโ€™m here for the kind of moves that only come around a few times a year.

๐Ÿ“ข If you want setups that beat the herd to the punch, follow me ๐Ÿš€๐Ÿ“ˆ Iโ€™m all about hunting the next big movers before the noise even starts. Letโ€™s stay sharp, stay fast, and build real momentum. ๐Ÿ€๐Ÿ€๐Ÿ€

Trade like a boss! Happy trading ahead, Cheers, BC ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€

@Tiger_comments @TigerStars @TigerWire @TigerPicks @Daily_Discussion 

# ๐Ÿ’ฐStocks to watch today?(15 Dec)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Kallu
    ยท04-28
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    holding big boss
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    • Barcode:ย 
      Kia ora Kallu! Hope all is well in your ๐ŸŒŽ
      05-05
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  • SiongZ
    ยท04-28
    TOP
    Absolutely love your insights! ๐Ÿš€๐Ÿ€
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    • Barcode:ย 
      ๐Ÿ…ท๐Ÿ…ฐ๐Ÿ…ฟ๐Ÿ…ฟ๐Ÿ†ˆ ๐Ÿ†ƒ๐Ÿ†๐Ÿ…ฐ๐Ÿ…ณ๐Ÿ…ธ๐Ÿ…ฝ๐Ÿ…ถ ๐Ÿ…ฐ๐Ÿ…ท๐Ÿ…ด๐Ÿ…ฐ๐Ÿ…ณ! ๐Ÿ…ฒ๐Ÿ…ท๐Ÿ…ด๐Ÿ…ด๐Ÿ†๐Ÿ†‚, ๐Ÿ…ฑ๐Ÿ…ฒ๐Ÿ€๐Ÿ€๐Ÿ€
      05-05
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    • Barcode:ย 
      I appreciate your kind words! ๐Ÿ€๐Ÿ€๐Ÿ€
      05-05
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    • Barcode:ย 
      ๐Ÿ™๐Ÿผ Thanks for reading @SiongZ
      05-05
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  • Hen Solo
    ยท04-28

    Great article, would you like to share it?

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    • Barcode:ย 
      ๐Ÿ…ท๐Ÿ…ฐ๐Ÿ…ฟ๐Ÿ…ฟ๐Ÿ†ˆ ๐Ÿ†ƒ๐Ÿ†๐Ÿ…ฐ๐Ÿ…ณ๐Ÿ…ธ๐Ÿ…ฝ๐Ÿ…ถ ๐Ÿ…ฐ๐Ÿ…ท๐Ÿ…ด๐Ÿ…ฐ๐Ÿ…ณ! ๐Ÿ…ฒ๐Ÿ…ท๐Ÿ…ด๐Ÿ…ด๐Ÿ†๐Ÿ†‚, ๐Ÿ…ฑ๐Ÿ…ฒ๐Ÿ€๐Ÿ€๐Ÿ€
      05-05
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    • Barcode:ย 
      Thanks for sharing HS! ๐Ÿ™๐Ÿผ๐Ÿ€๐Ÿ€๐Ÿ€
      05-05
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