Riot Platforms, Inc. (RIOT)'s Technical Outlook is Bright After Key Golden Cross
RIOTRiot Platforms(RIOT) ZACKS·2024-10-09 22:56

From a technical perspective, Riot Platforms, Inc. (RIOT) is looking like an interesting pick, as it just reached a key level of support. RIOT's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most comm ...