Hello traders and investors! Let’s see how RIVN is doing today! For the first time since March 30, RIVN is trying to reverse the trend. This reaction is quite good, which is surprising, considering it is a Red Monday, and it is a sign of strength. Technically speaking, this movement is very interesting. As RIVN just retested the $ 37.61 area as a support again,...
Rivian please don't fail me this time. I have set another long on RIVN. My last Rivian long call was my most hated post. But the haters were right :( . This time the bears and haters will face serious retribution.
-Looking to play the continuation of this current trend -Going to wait for a pullback monday before getting into puts -will be looking for 30-40% on options
If you haven`t bought the all time low here: then you should know that you can still buy cheaper than George Soros. Billionaire investor George Soros bought a $2 billion stake in electric truck startup Rivian in the quarter ended Dec. 31. His average should be around $100. My short term price target is 69.50. Looking forward to read your opinion about it.
These are 6 randomly selected growth stocks that have been hammered and just rejected off the 50 day moving average yesterday. Watch for the downside trend to continue in these stocks until they're able to at least breach the 50dma. The question is do these stocks make higher lows (if the downward trend continues) or lower lows? IMO if you are a trend...
If we look at the chart, $RIVN seems to be making lower highs and lower lows. This recent move up was just a retest of resistance at $47. On top of that, on lower timeframes (2hr), we seemed to have formed a double top. This leads me to believe we're about to see another leg lower. If Rivn falls from here and loses the $37 support, I think it's likely that we'll...
Rivian Automotive (NASDAQ: RIVN), the budding electric vehicle maker, initially bank-rolled by the likes of Ford (NYSE: F) and Amazon (NASDAQ: AMZN), is currently trading 80% lower than its peak since listing on the Nasdaq stock exchange. Bear in mind that Rivian was listed on the Nasdaq in November 2021, when you had to be very unlucky not to make money in the...
Looking for RIVN to fall below 35 today including after hours.
Billionaire investor George Soros bought a $2 billion stake in electric truck startup Rivian in the quarter ended Dec. 31. His average should be around $100. RIVN 52 Week Range $37.50 - 179.47, today hitting all time low. I see this as a potential buy opportunity. My price target is $65. Looking forward to read your opinion about it.
Rivian NASDAQ:RIVN is at an all time low right before earnings. "I want to own some of this company" is my general thesis as they build out their infrastructure sans sales. We'll see if this contrarian buy of shares pays off...
On December 9th, 2021 when RIVN was 116.5 I put the target on 60-40 in the next couple of months..! 11 days after that I recommended shorting RIVN would be the best among TSLA, LCID, and RIVN..! Today RIVN touched 39.86..! But I think it will go lower after the earning because it did not sell anything..! Why? Because it did not produce anything to...
I think the RIVN chart pattern is very similar to HOOD and it could follow the very ae pattern and experience a sharp constant drop to 60-40 in a Bearish case..! You may think you have bought the next Tesla but Rivian can not be the next Tesla..! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
When I compared Rivian with Hood 43 days ago it was 115, I set my target for 60 and now with the current momentum, I think there is potential to go to 30-40 or even lower! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional...
gave a false sense of breakout, and roller over quickly on a bad news. broke down the bearish pennant...almost back to the ATL. if it can't hold 50, will keep sliding
Also could have a bit of bear flag formation here - but looks like it is getting ready for the next leg down to me, especially if this gravestone doji looks as it does. maybe down 40 in the coming weeks?
Mullen Automotive went public on Nov. 5, 2021 MULN, Mullen Automotive, is an emerging electric vehicle manufacturer that was recognized by HotCars to be a gamechanger in the EV market. Mullen FIVE was ranked #2 among the publication’s annual “10 EV Startups to Watch Out For” in 2022. On track to deliver the first EV cargo van fleet vehicles in Q2. Mullen FIVE...
Rivian stock RIVN has rallied 5.87% Wednesday to close at $64.53. The stock has shown some strength recently aiming for the downward trend’s reversal after confirming the formation of both; higher low, and a bottoming reversal pattern. The stock RIVN could extend its rally hitting 23.60% Fibonacci retracement level that corresponds to the reversal pattern’s...
Do you think these stocks will b able to get back to their all-time high once again? While Inflation getting high and soon we will see rate hikes and they are burning cash instead of generating ??? According to the current data, they are not profitable and will not be in the next 3 years. Moreover, RIVN has less than a 1-year cash runway..! This means sooner or...