TradingView
AwesomeAvani
Mar 28, 2024 2:43 AM

RIVN rises with LCID while FSR fails LONG Long

Rivian Automotive, Inc.NASDAQ

Description

RIVN popped today while FSR got halted and will be delisted. The 4H chart with BB and a

predictive algo added suggest it has room to 13.25. The indicators are supportive of that

forecast. I will take a long position here with a stop loss under the lower BB line. As to

my FSR put options I will watch them rise until expiration time. No hurry. No worry there.

RIVN's new models and FSR's demise should help for some bullish momentum until RIVN

catches a bit of FSR''s issues.

Trade active

More