RIVN falls to fair value for swing LONG

AwesomeAvani Updated   
BATS:RIVN   Rivian Automotive
RIVN is here on a 30 minute chart with VWAP bands and a dual time frame RSI added. Price

fell from the top of the trend up after the last earnings. It is now between the mean

anchored VWAP and the first lower VWAP line which is where the reversal occurred on May 8th.

I will look for an entry long on a lower time frame chart. I am looking for a 1.75 move up

toward the second upper VWAP line in this trade while risking 0.25 making the reward for

the risk taken about 7.
Trade active:
My trade got off to a great start. STop loss raised above brek-even. The trade is now risk and stress free.
Wide View Chart

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