August 31st: RIOT, AAL, RKT

What a week, hitting almost every target on our list. Now for a new week, let’s see what we have cooking.

With BTC looking bullish, I took some trades in RIOT and already sold some for gains. It looks super bullish to me with a solid close on Friday at 3.59.

We are looking for RIOT to take retake the 9 day at 3.68. After 3.68, things will move super quick to 4, 4.50. This has about a 20% Short Float so the shorts will have to cover soon. The volume on the sells were slowly going down, and then we had a breakout on strong volume. MACD has flipped to the upside, RSI bounced to the upside, and the Stoch RSI pushed up properly. Let’s see some continuation this week.

With AAL, we are looking at some nice pickups this past week. It has been building strong support from a weekly perspective.

RSI Bouncing, nearing top of range, and MACD maintaining movement to the upside. we have double channel resistance at 14.08 but if we are able to break that and go above, you are looking at a massive breakout that has been waiting for a long time. IMO, 14.50, 15, then the 17s are the targets here.

RKT looking mega bullish, nice cup and handle as well, considered a bull flag as well, ready to push before earnings. Will it beat? Who knows, but I could see 31-33 as a breakout target before everyone and their Robinhood Whatsapp chat all fomo in.

That is enough charts for today, I’m off to the beach. Hope you enjoyed! Make some money this week lads.