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 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...
I don’t trade based off news events, like earnings, but I was doing the chart and when I finished I didn’t realize earnings come out today. I’m still going to enter my trade, just smaller. I went back and forth on different count set ups… I finally just picked this one as I think it is most consistent with EW rules theory. Green = overall primary structure I’m...
$RIVN Motors Technical Analysis NOTES: -Currently at $119/s -WATCH BREAK at $120 -- IF BREAKS upwards, it will continue to $128 -- IT IS currently testing the $119-120 line -Moved +$5/s today -WATCH Earnings report on the 17th this can change tremendously
$RIVN Rivian Motors Technicals for upcoming week. NOTES: - Rivian Motors has had ATH @ $180/s last week with a break correction currently at $128 - WATCH RVIN line at $120: -- IF The lines breaks the stock can have a down-trend towards $95/s range -- IF There is a bounce, stock will continue up-trend towards $180/s range --Crucial that you watch that line within...
High odds daily buy zone for RIVN. We are seeing a nice pullback to this daily area of demand on RIVN, it is a decent buying opportunity for a trade with a stop loss below the zone, or a good place to buy if you think this company will do good long term
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly drive...