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FishinForThemWhales
Feb 16, 2024 7:39 PM

RIVN Long

Rivian Automotive, Inc.NASDAQ

Description

RIVN has signaled a buy on the 4h time frame with a inverted HS pattern. The risk to reward is here, we shall watch this chart and update weekly. THIS IS NOT INVESTING ADIVICE. I think we can see low 20's by the end of the year.

Comment

This stock is getting beat hard from bad news from the EV industry, low demand, more competition, and NASDAQ:TSLA bad news constantly. Still see this rising anywhere between $20-$30 eventually.
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