RIOT Stock News Bitcoin Mining | Best Stock Picks Today 2-16-21
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Trading Game Plan: 2-26-21
RIOT Stock News: Why Bitcoin Mining Company Riot Blockchain Is Climbing Today
Riot Blockchain (NASDAQ:RIOT) stock is on the rise Thursday after announcing a new milestone for its Bitcoin (BTC) mining operations.
According to a news release from the company, it will reach a hash rate capacity of 1.06 Exahash per second (EH/s). This is possible through its deployment of 2,002 new S19 Pro Antminers. Surpassing 1 EH/s is a major milestone for Riot Blockchain. Source:
With major sectors showing slight weakness from the week before we're digging deeper into industry groups today to find the best stock picks.
CHWY and DHR traded into energy candlesticks on Friday setting up new swing trades with great profit potential.
DKNG and CRM both offer reversal trades. DraftKings reversed from all-time highs, Salesforce reversed from a few months of bearish order flow. Both set up nice trades for the week.
LAZR poked it's head above 36 resistance (again) and closed strong. I'm looking to begin a new trade if it maintains this level.
In total we review 12 stock picks for today and this week.