not an investment advice but it broke a downward trend and the retest is successful LONG
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Rivian (NASDAQ: NASDAQ:RIVN ) has been a roller coaster since its initial public offering (IPO) in late 2021. Except it's only been one part of the roller coaster ride: the part where it sharply drops. Rivian has shed roughly 80% of its value since its IPO, but as the company heads into 2024 with some momentum, is the time finally right for investors to jump...
NEWS Rivian Automotive Inc's made the decision to issue $1.5 billion worth of convertible green bonds.Here's a breakdown of what's happening: Share Price Drop: Rivian's stock price plummeted by over 20% on the day of the announcement. It's the most significant daily percentage decline for the company's shares since May of the previous year. Convertible Green...
Today, I would like to draw your attention to an intriguing market trend that has caught the attention of many investors - the outperformance of RIVN stock compared to TSLA, despite RIVN's ongoing cash burn. While this phenomenon may raise eyebrows, it is essential to approach it with a cautious and analytical mindset. Let's delve into the reasons behind this...
Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company founded in 2009. Rivian is building an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. An electric delivery van is also being built as part of a partnership with...
Honestly i think they are ugly but have seen 5 Rivns in my area the last few months. Pretty epic IHS pattern forming.... Been DCAing last 3 months...Adding here.
This is what I am seeing on RIVN, looks very bullish. this pull back was a buying opportunity imho.
Greetings, Traders! Today, I'm excited to share a compelling technical analysis finding on the stock of Rivian Automotive ( NASDAQ:RIVN ). A falling wedge pattern has been identified, suggesting the potential for a bullish reversal in the near future. Let's delve into the details! 📈 Ticker: NASDAQ:RIVN 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉...
Test of 200 DMA seems to be in progress. What happens tomorrow could be vital. If it can break above 16, can squeeze right up to 22 first and then 26. Failure here again would send this to new low. Alternate scenario is it keeps building inside the 200 and 60 DMA. I took a start position today at 15. Will add or trim as PA reveals the trend.
after the recent trendline break, I believe we could see this stock pushing further down into new territory. looking for a retest before entering a short position.
Another daily wolfe wave setup was triggered post midterms. The chart for RIVN is closing in on the 200 day ma which will act as short term resistance. Typically the first attempt usually rejects which will be approx at 37.4. Mid term tgt is estimated at $54 May 2023. With tax losses and Christmas rally into end of year, we should see most of the small caps...
This is a daily chart of EV manufacturer Rivian Automotive ( RIVN ). Price continues to consolidate as the moving averages converge. On the right-hand side is the indicator called the Visible Range Volume Profile (VRVP). This indicator provides a vertical histogram of volume. The volume bars help identify the price ranges where most volume has occurred, which...
Expecting a pull back 1. $33 2. $31 3 $29 1. For a strong 3B for day/blue pivot spike -- towards $40/50 (with strong ER) 2/3. For pivot consolidation pivot building
RIVN has broken out of a long downtrend for the first time (dashed line) This break out in my opinion will be short lived and a retest above this line will occur This retest will also result in a double bottom along a horizontal Double curved line indicates my thoughts on price action If a retest does not result, break out further will ensue
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.
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.
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.