Technical breakdown of Riot and Rocket Lab after earnings, mapping bullish targets above $24 and bearish support below $21.50. Large volume prints cluster around the 200-day moving average, with an ATR of $2.10 signaling elevated volatility.
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largest prints in the last month. Let's look. We've got this consolidation of prints here on my 200 exponential. So we've upthrusted, pulled back. You see all of these prints here, 300K, 400K. There's a 1.1 million there and a 1.1 million here at 20. So we pulled back and we've just been whipsawing through that. And then earnings happen and now we're at the top of this sandwich. So let's see what actually happens here. We'll map this out on both sides of the trade. On the left-hand side, we have my pivots and Camarillas and our major dollar levels. So we're going to be bullish above 24. Let's get back up here. If you have increasing volume getting close to this, then you can try and get in. But 2368 will be resistance here as it's a pivot. So bullish above 24, 2450, 2502 is R5, 26, T750, 28 and a quarter, 29 and 30. I've got that. This one has an ATR of $2.10. We're already up 1.5 times that at least. So we're going to be bearish below 2150. We're just, we're at $2,295. So let's get below $2,150. That's down here because look, we've got all of this support. We've got massive prints. This is what I've been showing you in here. So $2,150, we've got to get below here. Target $2,176 is this cam down here. Then we've got $2,050, $2,020, $2,014, and $2,020 right here. So we've got a 1 million print and a pivot and a cam. Right here. So we've got to be careful around— here's my 200 exponential, 200 simple, and a 600K print here at 2071. Just be careful with that on the downside. Clearly the upside is a little bit easier, but we don't want to have a bias. Okay.
