Bearish ambitionsWill price retreat to the 21EMA(in yellow) 13.90, are to the white trendline further below?
We need price to overcome the 14.70 level to curtail these bearish dreams
Trade ideas
RIVN Looks ready to pop soon...Compression in price usually leads to expansion. Good chance it's to the upside I'd say, but lets see! Building a position down here regardless as it looks kinda good.
RIVN - Same Chart - Weekly viewHere we are hovering at the weekly equilibrium area, today we saw a flash candle to $12.58.
Buy orders went through. Long term position, will add, not sell at these levels or lower.
Market is strong, next week fed rate cuts are looming.
HOLD for now as we trade a pretty large range.
I like the Jan 27 $15 calls to trade in and out of, plenty of time in case we get stuck in a longer bottoming pattern.
I see many of these daily in So California. Not financial advice, just my opinion.
GTLA
$RIVN bottoming? Long term 10x+?The RIVN chart is starting to look good here. As you can see from the chart, we've broken out of a falling wedge. The next challenge is for price to flip the $15.27 resistance level as support and retest it.
If it can do that, then I think we can start to see a sustained uptrend. If it tests $15.27 or briefly breaks above it and rejects, then I think there's a possibility of one more retest of the lows prior to the move starting.
That said, the chart is starting to look really good over the long term. I think this has 10X+ potential over the coming years.
RIVN - Same chartUpdating my RIVN chart, same game plan.
I have short term trend traded with options and sold half of my core position in the 16 area.
Stated DCA back to full position near 12 to 13 areas. Position is very green.
It barely tapped my buy range at 11.60, the hold of 12.20 will be important for continuing up to retest the recent downtrend resistance of 16 to 17 areas.
Needs to break above 17.15 and confirm for a run to 18.87 target 1, 23.50 target 2, and 27.90 as target 3.
Ascending Triangle ReversalClear Ascending Triangle Reversal. I have no idea of the fundementals or sentiment. This is simply an amazing looking chart.
IntactThe major upward parallel structure is in tact for now, which is good for bulls but need a close out of the downward parallel channel. If bulls can get a close above 13.25 that would be good because that would hopefully be a bullish movement outside of the minor downward channel and a breakout from the 50 EMA and temporarily confirmed the major upward channel.
Fallen WedgeOn the 3D chart Price appears to be in a Fallen Wedge.
Volume appears to be drying up.
Stochastic RSI is oversold.
RSI is under 50. We need prices to make HH and HL from the 12.40 price area then clear 14.00 for bullish activity.
The march of the Bears and SupportBears marched on below the 50 EMA and the midpoint of the parallel channel. Bulls had hope with some consolidation around the 50 EMA, but the bears carried out the bearish MACD(Chris Moody) cross over. Now price is testing a hypothetical trendline which has been solid from April 22 2024, which is also the support of the parallel channel. Bulls need to reclaim 11.50 and make higher highs and higher lows or else fall to 10 or even 8 dollars.
Long Trade Summary – RIVN!🎯
Pattern: Downtrend Breakout from Descending Triangle
Entry: Around $11.96 (breakout level)
Target: $12.55 (green line)
Stop Loss: $11.75 (white line)
Risk/Reward: Favorable setup for upside breakout
Channels and key levelsPrice needs to surpass the 12.00 key level to cycle back up the downward parallel channel.If price can not beat that key level we could see price retreat to 10.59 price area.
Bears Vs BullsThe bears have defeated the 50 EMA. Now can the bears defeat the support of the upward parallel channel or will the Bulls cycle price back up. Bulls need to move price Higher and stay away from the 11.56 area. Tomorrow the weekly candle finishes printing.
Rivian major consolidation coming to a decisionRivian is in my opinion coming closer to a decision on a breakout or breakdown. I personally love Rivian - I own one, and it's my favorite car I've ever owned. Next year they're planning on launching a much more affordable mid size SUV (R2) that I think will drastically increase their sales. It brings everything that is great about R1S/R1T to a more affordable platform without losing all the great technology and things we love about the more expensive R1.
I see that opportunity and want to be in on it, however as a trader, I need a deal and Rivian at $12 is not it. So I'm hoping this consolidation will break down for an opportunity at $7. There have been people holding this stock for so long betting on another Tesla, and with any luck some of them will finally throw in the towel if this obvious symmetrical triangle breaks down.
And if not, and it breaks up then I'm happy for all those loyal fans who've been holding for years. I love my SUV and am excited for Rivian to keep making even greater cars.
It's hard to predict how this pattern will play out, that's why I'm personally waiting on the sidelines.
Good luck!
Can Rivian Survive the Perfect Storm of Challenges?Rivian Automotive reported mixed Q2 2025 results that underscore the electric vehicle startup's precarious position. While the company met revenue expectations with $1.3 billion in consolidated revenue, it significantly missed earnings forecasts with a loss per share of $0.97 versus the anticipated $0.66 loss - a 47% deviation. Most concerning, gross profit returned to negative territory at -$206 million after two consecutive positive quarters, highlighting persistent manufacturing inefficiencies and cost management challenges.
The company faces a confluence of external pressures that threaten its path to profitability. Geopolitically, China's dominance over rare earth elements - controlling 60% of production and 90% of processing capacity - creates supply chain vulnerabilities, while new Chinese export licensing rules complicate access to critical EV components. Domestically, the impending expiration of federal EV tax credits on September 30, 2025, combined with the effective end of CAFE fuel economy standards enforcement, eliminates key demand-side and supply-side incentives that have historically supported EV adoption.
Rivian's strategic response centers on three critical initiatives: the R2 model launch, the transformative Volkswagen partnership, and aggressive manufacturing scale-up. The R2 represents Rivian's pivot from niche, high-cost premium vehicles to mainstream, higher-volume products designed to achieve positive gross margins. The $5.8 billion Volkswagen joint venture provides essential capital and manufacturing expertise, while the Illinois plant expansion to 215,000 annual units by 2026 aims to deliver the economies of scale necessary for profitability.
Despite maintaining a strong cash position of $7.5 billion and securing the Volkswagen investment, Rivian's widened EBITDA loss guidance of $2.0-2.25 billion for 2025 and target of EBITDA breakeven by 2027 represent a high-stakes race against time and capital burn. The company's success hinges on flawless execution of the R2 launch, achieving planned production scale, and leveraging its software capabilities and patent portfolio in V2X/V2L technologies to diversify revenue streams beyond traditional vehicle sales in an increasingly challenging regulatory and competitive environment.
Blue Boxes of ConsolidationIt seems the last two major moves on the chart (in the blue boxes) there was heavy consolidation for seven to 10 candlesticks, in this chart seven to ten weeks before a breakout. The bears now have a strong bearish candle but it is still in a consolidation pattern. The Bulls still have a trendline that held from April 2024 where price has not closed below it (please see SMA curve in black on the chart). If you turn on the 50 EMA price is still oscillating around it. And price is still in the Fibonacci golden zone. The bears need a bearish close with follow through below 12.40 and the bulls need a bullish close above 13.65 to hopefully kick off their party. The Bulls have a historical trendline and the Bears have a bearish MACD(Chris Moody) and a Braid filter that just flashed red and a recent strong bearish candle.
Quick View : RIVNDespite the bearish alert, I see some strenght here with the help of Earnings.
Bullish Crossover and box ready to be broken, and we are ready to catch it !
Heiken Ashi CandlesThis week Heiken Ashi candle gave a bullish close above the DOJI Heiken Ashi candle from last week. RSI is above 50. MACD (Chris Moody) look like it may have a bullish cross over soon. Stochastic RSI is getting ready to curl up. What do you think team? do you think the bulls maybe entering their season? Next few days are going to be interesting. If the buyers and investors can maintain the parallel structure the asset will go bullish however if it breaks it, the bears will celebrate. Keep your eyes on the Fibonacci levels, bulls want to see movement toward 14.54 and out of the Fibonacci golden zone.
RIVN Approaching Trend ShiftRIVN has NEVER held above the high time frame cloud....until now. Probably at least a 3-6 month idea, gotta give this time to play out after being down only since IPO. Green diag is current SL.
Pull back or ReversalPrice has fallen and is clinging to the 50 EMA (in blue) 13.97. Price is dancing outside the upward channel. If the 50 EMA does not hold price may fall to the 200 EMA 13.54 range in orange.
Bulls got the ballGreetings
Can the bulls maintain the upward parallel structure? Which also coincides with the 50 EMA. If so bulls can take price back up to 14.50 and possibly higher, but structure needs to be maintained.
RIVN: VCP patternRIVN: VCP pattern
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Do you know how the VCP pattern is formed and how it works?
Let's see how the trend is formed and where it's heading.
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US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
Alert for the Bears Hope for the BullsBears could not bring price below 12.54, bulls have kept the momentum. It seems price has broken out of the consolidaton. Bulls need more momentum and for more levels over 50 on RSI. Bulls need to make Higher Highs and Higher Lows from 13.70 with good RSI levels to keep victory going, if not then last candle victory would be for the bears delight a fake out.
Trendline and Fake outs Despite the previous fake out, the trendline on the hourly is still powerful displeasing the bulls but giving hope to the bears, the bears need price to go below 12.54 to complete the down trend on the hourly chart.
