RIVN - Weekly Supply rejection 👀📉NASDAQ:RIVN Daily printed shooting star on high volume after rejecting weekly supply zone. Also rejected high volume node. Massive volume gap below. Expecting a huge sell off as long as stays below 28 level targeting 16/15 support zone. Shortby Big_Bull211
Analyzing RIVN's Outperformance Over TSLA Amidst Cash BurnToday, I would like to draw your attention to an intriguing market trend that has caught the attention of many investors - the outperformance of RIVN stock compared to TSLA, despite RIVN's ongoing cash burn. While this phenomenon may raise eyebrows, it is essential to approach it with a cautious and analytical mindset. Let's delve into the reasons behind this unexpected market behavior and explore why some investors are considering a long position on RIVN. 1. Dissecting RIVN's Outperformance: a) Market Sentiment: Investors are drawn to RIVN's potential as a disruptor in the EV industry, which has fueled a positive market sentiment. b) Growth Prospects: RIVN's innovative technologies, such as its autonomous driving capabilities and unique battery technology, have garnered attention for their potential to revolutionize the EV market. c) Competitive Advantage: RIVN's focus on the luxury EV segment, along with its strong brand image, has positioned the company as a formidable competitor to TSLA. 1. Understanding RIVN's Cash Burn 2. A Cautious Call-to-Action a) In-depth Research: Dive into RIVN's financial reports, growth projections, and competitive landscape to gain a comprehensive understanding of the company's position. b) Risk Assessment: Evaluate the risks associated with RIVN's cash burn and weigh them against the potential rewards of its growth prospects. c) Diversification: Ensure that any investment in RIVN aligns with your overall investment strategy and risk tolerance. Diversify your portfolio to mitigate potential risks. d) Expert Opinions: Seek insights from trusted financial advisors or industry experts who can provide informed opinions on RIVN's prospects. In conclusion, RIVN's outperformance over TSLA, despite its cash burn, has sparked interest among investors. However, it is vital to approach this opportunity with caution and conduct thorough research before making any investment decisions. Remember, the stock market is inherently unpredictable, and it is crucial to make informed choices based on a well-rounded analysis of the available information. Longby bryandowningqln2
RIVIAN This channel can lead it to $32Rivian closed the week over the MA50 (1d) and since it held both the MA200 (1d) and Support (1) intact, has most likely invalidated the scenario of Lower Lows. We may see a 4-6 upward consolidation first as last March-May, before a new yearly High. Trading Plan: 1. Buy on the opening price. Targets: 1. 32.00 (Fibonacci Channel 3.0 extension). Tips: 1. The RSI (1d) crossed over its Falling Resistance. A strong sign of accumulated bullish momentum. Please like, follow and comment!!Longby TradingBrokersView5510
+42% Rivian Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company founded in 2009. Rivian is building an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. An electric delivery van is also being built as part of a partnership with Amazon. Rivian started deliveries of its R1T pickup truck in late 2021. The company plans to build an exclusive charging network in the United States and Canada by the end of 2023. Rivian is based in Irvine, California, with its manufacturing plant in Normal, Illinois, and other facilities in Palo Alto, California; Carson, California; Plymouth, Michigan; Vancouver, British Columbia; Wittmann, Arizona; and Woking, England. Additionally, Rivian has plans to build another US$5 billion factory in Georgia. The company raised over US$13.5 billion in financing following its IPO in November 2021.Longby MiguelFTCuradoUpdated 5515
RIVN bull and bearBull Case: the 100 EMA was our resistance this time last year we broke through 100 EMA in June we bounced off the 100 EMA as support in August Bear Case: the current downward channel we are the gap at 17.00 In my opinion my original post is going to be correct. I think we bounce off the 100 ema again, and the gap doesn't come in to play for another 6-8 months. I expect further selling the next 1-3 days before there is a significant squeeze that puts us above 25 by October 20. Just my two cents. Longby Fraggle_Rock1
RIVIAN Confirmed sell signal after Higher Lows break-out.Rivian Automotive (RIVN) broke yesterday below the Higher Lows 1 trend-line, which was supporting since the June 27 Low. With a clear rejection on the 1D MA50 (blue trend-line) the day before, this bearish break-out may create a Channel Down that could target the Higher Lows 2 trend-line. Until then, we have the critical 1D MA200 (orange trend-line) Support to consider. As a result, following also the completion of a 1D MACD Bearish Cross yesterday, we are bearish now, targeting $18.50 (1D MA200). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot3310
Rivn, buy nowresistance, resistance, resistance, break resistance, bounce off support (artist formerly known as resistance)Longby Fraggle_Rock113
$RIVN Getting ready for a HTF move to $15-$16 Global liquidity is trending down Bearish RSI divergence on AMEX:SPY and NASDAQ:QQQ NASDAQ:RIVN like practically all EV stocks and Tech stocks are over-extended from MA's Daily TD 8 Count $27.16 may have been the HOY. If not, I'm expecting for big money to push price up to $28 before we see a steep pullback or reversal. NASDAQ:RIVN has not tested the daily 50, 100, or 200 in a long time. The daily 9-EMA has been holding every test recently. Will look for break of the daily 9-EMA for confirmation. I've dabbled in options. Might look for some December puts and short an equity position for intraday moves. Remember, we want to lose on the idea, not the execution. Make sure to look for entries near levels you can risk against. Good luck!Shortby DegenerateSatoshiUpdated 5510
Rivian Projected price target +50NASDAQ:RIVN is poised to see robust SUV sales. It's undeniably the most sought-after SUV in today's market, distinguished by its striking aesthetics akin to a Range Rover, coupled with cutting-edge technology. When it comes to software, it ranks second only to @Tesla. Crucially for @Rivian, it doesn't directly compete with NASDAQ:TSLA 's #cybertruck and boasts a more profitable production model than the R1T. The chart analysis is straightforward, and it appears that the price has already found support at the bottom.Longby Gabriel-Dao7
Its time for $RIVN to make a move i really would like to see NASDAQ:RIVN at 19 just so i can buy more shares but i really feel like they will push to 25 27 this week or back to 19. Really nice bullish set up by menskyl963
Rivian going bullish🔟💹Rivian ( NASDAQ:RIVN ) could be going bullish, An rsi divergence occurred in the 1D timeframe and also we're already acting on a support zone. Take profit is at around $24. NASDAQ:RIVN by HalalInvestorOmar1
Rivian Stock IdeaRivian is currently in a bull trend I believe. I like seeing the last few months of bullish momentum and I am excited to see what the fall might bring for this stock. In the video, I discuss some key important things to pay attention in terms of public news shared by the company's CEOLong0by MultiBillionaireMom113
RIVN weekly breakdownRIVN settled this week after a much awaited sell off from the local top put in during the last tech bull run. Stochastic has turned over signaling a retreat from being oversold. Indicators are pointing to RIVN having more downside to fill in the gaps created on the last bull run. Id like to see a retest of this weeks high before grabbing puts, but any breakdown from this weeks low and we will see the gaps get filled.Shortby Harrisonumi1
RIVN, buy nowEMA 100, light blue line was resistance this time last year, rejected 4 times. we broke this resistance in june. we're now bouncing off it in august. buckle upLongby Fraggle_Rock777
Bullish For Potential Short Term UpsideAfter good earnings last week and a small consolidation, reaching $20.22 low today and maintaining above the 100 EMA, I decided to go long for a swing. My position is at $20.86, looking bullish for a 10% upside while potentially reaching to the 50 EMA, 200 EMA, and 20 EMA. Another potential upside is to go even higher to 28%, reaching the higher resistance level. Though I don't feel too comfortable about it as there is no strong enough support and resistance area above the 10% upside area I'm looking for. If you feel different and found something else I'd love to learn and discuss it. I have a stop loss at $18.93. Will update you further on the outcome.Longby alivne3
Long ideea RivianRivian had good earnings. Nice consolidation on a down trend looking for a rejection of 19.61 and 21.15 for a possible reversal to 28.00Longby calugaralex2114
Fibonacci Trading And Price Action RIVNEstablish a Fibonacci price cluster with important resistance. Set up price clusters for a clear buy, stop loss, take profit point. I will add Fibonacci timing to see the possibility at which point the price could touch the set point. You should enter an order with a suitable volume for your account, and leave your stop loss at least the breakeven point.Longby Persephone_AMUpdated 1
Short trade idea for RivianTrade idea mention on chart. Entered in to trade a little late as I was away. Will cut trade which ever way it goes just before earning. Still holding a long term bag. Shortby SFR6Updated 117
RIVN Rivian AutomotiveIn July, there was a strong demand for the stock, which led to a period of consolidation. Following this consolidation phase, there was a breakout above the level of 27. This breakout indicates a potential continuation of the upward movement and may suggest further buying interest in the stock. SL 22.5 tp1 31.5 tp2 39.5Longby Lazy-LizardUpdated 6
Rivian Update: Ending Diagonal I decided to check back in on Rivian today and see what progress we had made to form a top. It appears to me it is ending in a diagonal. If this line of thinking is correct, then I would expect the end of wave ((5)) to hit somewhere between $28-$30 or so. After this it would have a very steep decline that usually ends where it began...@ $23. If you don't have a stop limit set, I would strongly advise you create one. When that A wave pops, it will catch many off guard and leave little time to react. I have alerts set and will be watching for it to top soon. Once the decline starts, I will begin to track it again. Until then, good luck everyone. Bonam Fortunam, --Tylerby TSuthUpdated 666
Oh Rivy is it time to fill your gaps so for the past 5 days, she couldn't hang outside the box, forming a nice wedge. I will ride NASDAQ:RIVN down to 24 and wait if price consolidate and if there are no buyer then all the way at the bottom of the box. Hopefully this week we touch one gap but market is not about your opinion sometimes, price action tells the story. Shortby menskyl96Updated 224
Consolidation in wave 4.Wave 4's purpose is to correct and consolidate the price movement from Wave 3 before the trend resumes with Wave 5. Traders and analysts use Elliott Wave Theory to try to anticipate potential price levels for the end of Wave 4 and the subsequent start of Wave 5, but it's important to note that Elliott Wave analysis can be subjective and open to interpretation Alt count providedLongby PK_SEND_IT116
RIVN Rivian Automotive Options Ahead of EarningsIf you haven`t sold RIVN on the recalls: Or last time ahead of earnings: Then Analyzing the options chain and the chart patterns of UPWK Upwork prior to the earnings report this week, I would consider purchasing the 10usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $1.92. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 446