msr6773
Oct 8, 8:48 PM
$RIOT lots of volume today. Almost 2x daily avg. Usually means institutional selling confirming the breakdown. More pain to come most likely. Im looking for a dead cat bounce tomorrow at the bell and stalling out at 17.5x-17.8x on declining volume. 14 period rsi plummeted today to 31. Signals short term selling is over extended. Also, short sellers probably looking to buy shares back to maximize gains from todays low. If it holds above 17.8x it could be a true reversal. Lets see what happens! GLTA 🤙
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