RIOT: The fleeting bull case...Riot Platforms, Inc.NASDAQ:RIOTmukit1The waterfall price drop last week has challenged the last remaining bull case to the limit. This long complex WXY correction is finally reaching the crescendo in an explosive move. If it is, in fact, reaching the completion, then we should see a sharp reversal to the upside, and it needs to happen immediately. The line in the sand is $11.5. I did buy at the previous support level, but that trade was stopped out fairly quickly. The next time I will setup a trade would be after I see a 5 waves move up. There is no need to catch this falling knife. If price breaks $11.5, then this whole formation would be part of something much bigger. Will bring back my alternate bear count when we cross that bridge.