$KEEL ๐ซต๐
If you were hoping to see a cup & handle form on the weekly chart, the timing of this offering may end up being ideal.
Instead of a straight move through resistance, $KEEL could spend a few weeks building a handle beneath the highs, shaking out weak hands before the next advance.
Too early to know, but itโs a possibility
$KEEL ๐ซต๐
If you were hoping to see a cup & handle form on the weekly chart, the timing of this offering may end up being ideal.
Instead of a straight move through resistance, $KEEL could spend a few weeks building a handle beneath the highs, shaking out weak hands before the next advance.
Too early to know, but itโs a possibility
$KEEL ๐ซต๐
Management specifically says proceeds may be used for:
- Long-lead equipment purchases
- Letters of credit
- Accelerating data-center projects
- Expanding data-center development efforts
This is not:
- paying operating losses
- plugging a liquidity crisis
- refinancing near-term debt
Instead, it appears tied directly to the AI/HPC infrastructure buildout.
$KEEL closed at $6.10.
The monthly chart continues to develop as expected. Higher highs, higher lows, and price pressing against the recent $6.60 high.
Patience is a position traderโs edge.
So far, the chart is doing the talking. ๐ซต๐
Saying this is the highest level โsince right before the 2008 crashโ suggests a direct comparison to the environment that existed before the financial crisis.
The data being cited actually points more toward the highest level since 2012โ2015, depending on the methodology.
High short interest by itself does not predict a crash. In fact, it can sometimes be fuel for a rally because shorts eventually have to buy shares back if the market rises (a short squeeze).
$RIOT still looks like a monster setup on the weekly chart. ๐
โข Breaking out near new 52-week highs
โข Holding well above the rising 20-week MA
โข MACD bullish crossover with expanding momentum
โข RSI strong but not extreme
โข Multi-month base now resolving higher
And the bigger story may still be ahead:
RIOT is evolving beyond pure Bitcoin mining into power infrastructure + AI/HPC exposure.
$INDI ๐ซต๐
The thesis is starting to play out.
$INDI is pressing against multi-year resistance with momentum improving on both the daily and weekly charts.
Not confirmed yetโbut this is exactly what a potential major breakout looks like in its early stages. ๐
$INDI Daily chart is looking bullish AF ๐
Weekly chart looks like itโs ready to break out.
$INDI is building the brains behind the next generation of vehicles โ AI, radar, LiDAR, ADAS and autonomous driving. As cars become computers on wheels, companies like indie Semiconductor could see massive long-term demand.
$KEEL Coiled spring โ expansion phase. ๐
Back in March the setup was there.
The only question was direction.
$BITF chose UP.
$KEEL now trending above the 200-day with momentum building.
$RIOT is approaching the Q1 2014 high at $31.04 for the first time since the failed 2021 breakout.
Since 2023, price has quietly built a multi-year consolidation directly beneath resistance.
A quarterly close above $31.04 could trigger a major breakout and open the door to a test of the 2021 highs.
@TheSlowTrade ๐
$KEEL continues building one of the stronger setups in the sector.
Strong momentum, rising volume, and now pressing against major multi-month resistance near the $5.01 high weekly close from the October rally.
If this clears cleanly, the chart opens up fast. AI/HPC transition story is only starting to get recognized.