Riot Platforms Inc.📈 exceeded the projected target of 18.80 with an intraday high in the last session, completing the extension of Minute Wave v (circled) of Minor Wave 5, within the Leading Diagonal structure of Intermediate Wave (1).
The stock has gained nearly 60% since early September.
Today’s trend reversal may signal the completion of the entire advance in Wave (1) and potentially set the stage for a corrective phase📉 toward Fibonacci retracement levels.
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