Trend is starting to change.
This looks like a regular starting of a bull market for a small market cap. It will always end up like a cup and handle and go into to a long bull market trend.
Insider information, I work for amazon deliveries and Rivian vans work well, but they are going to need to keep replacing them for how much we use them. Rivian will keep getting demand from the constant abuse we drivers put on their vehicles.
I also see a lot of older folks driving Rivian trucks, and now with tesla having self-driving on subscription for vehicles this creates a more diverse decision making for consumers.
Price target is above highs.
This looks like a regular starting of a bull market for a small market cap. It will always end up like a cup and handle and go into to a long bull market trend.
Insider information, I work for amazon deliveries and Rivian vans work well, but they are going to need to keep replacing them for how much we use them. Rivian will keep getting demand from the constant abuse we drivers put on their vehicles.
I also see a lot of older folks driving Rivian trucks, and now with tesla having self-driving on subscription for vehicles this creates a more diverse decision making for consumers.
Price target is above highs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.