RIVN - Real action hasn't begun yet

Updated
Despite good price action, movement has been slow due to the supply at these levels. It might test 22/23 next week, how it reacts at that level will decide its fate.

I am long via commons from 16.80
Trade active
Bottom - confirmed
Pattern - confirmed
Tight price action at this level shows accumulation. Price likely to accelerate from here. Next target 40
Chart PatternsHarmonic PatternsTrend Analysis

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