RIVN I drew this last night for my day preps when it comes to trading. This was a clean set up for a break down because price was consolidating. Contracts were over 300% today from this move alone.
RIVN if this trend can finally continue, definitely some nice targets higher. We are already almost at a first target of around $26. But if the trend finally runs and runs strong we could potentially get a move to a second target of $52. Will be an interesting ride regardless. No doubt about that.
RIVN I'm 70% on my shares. I want to genuinely hold for long but fundamentally nothing has changed yet. pullback is imminent we just don't know when. 24-28 levels?