RIVN is forming a bull flag on the daily chart. Above 3 major EMAs. 16% short interest. First target would be a retest of the $28 high from July.
Trade active
Offered a 7% discount this morning. Took a starter position at $21.65Trade closed: stop reached
Have to cut this. Another big leg down invalidates this idea.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.