lolsgap fill down to 12 is possible. but looks like negative news could be priced in. i bought at 10, sold at 18.5. probably will re-enter at 12. this chart looks a lot like AMD in 2009. bunch fo Head and shoulders too
RIVN trade ideas
Long term UP, mid term DOWNTSLA and RIVN move pretty similar, and I think TSLA is due a drop out in the foreseeable, so think the same will happen with RIVN before a big move up.
This is an example of a accumulation phase from another stock, and much the way I track TSLA (see my other posts for examples), it works for RIVN too to my eye.
I was recently asked what my thoughts were on RIVN, so I'm just posting this since it's done now.
But personally, I'm not going to touch it until it's sub $10 again, and probably even as low as $5 as the spring part of accumulation can hit with brute force down before heading back up.
Additionally, you know the hedgefunds will want it as low as possible before closing their short positions, and plenty of these stocks end right near the gutter before ramping, so down at $5 or less would make sense to me as a loose thought.
$RIVN - to $16 then back to $18EV vehicle market heating up like a tesla charging station in death valley.
Healthy red hammer candlestick that tapped the bottom of the regression channel.
it needs to cool it to $16 before headed to $18, this is solely based on the fib channel.
I labeled the resistance fib on the chart as well.
Interesting chart overall. This stock long term could be fantastic after a difficult start.
EV market as a whole, is set to change big. batteries are like micro ships. every year the size requirement gets cut in half.
I truly believe the electric future, but the market manipulation on EVs is wild.
Lots of speculation.
not trade advice.
RIVN DOUBLE TOP SHORT TO $7.54 AHEAD OF EARNINGS DECLINEThe chart has reached a new short-term high. The RSI on the 2 hour chart is over 70. Perfect short to $12 or lower.
Invest smart, invest hard.
Boost my post if you like this idea 💡
Also follow and subscribe for more uproars. Let's spread the word together.
Roaring Puppy 🐶 out.
Rivian Bullish Historical Trend ContinuedVolkswagen earlier today confirmed my initial thesis. In my previous thesis I spoke about the VW potential acquisition of Rivian (RIVN). It was confirmed today by Volkswagen that they have officially acquired a minority stake in Rivian ( www.tradingview.com ).
Earlier this month news broke about Volkswagen's 5 Billion dollar deal with Rivan on a joint venture project. Many people including myself saw this as an opportunity for VW to add a EV company to its umbrella of brands. Well as of today, it was confirmed that VW now does have a minorty stake in the acquisition of Rivian. My initial feeling about the joint venture project was that this was a way of slowly acquiring the EV company. Rivian will use the money to launch themselves further while still maintaining their independence or that this was a pre-acquisition/takeover. Granted that takeover may be a strong word but essentially that is what is happening.
"When it comes to cooperation projects set up to develop new products and technologies in key cutting-edge sectors, particularly those involving large companies, we take a close look at competition in innovation," Bundeskartellamt President Andreas Mundt said in a statement on Friday. "The project does not raise any concerns in this respect, nor does it raise any other serious competition concerns."
~MT Newswire
Like and comment your thoughts on this ongoing project?
Short RIVN ahead of earningsSold the 12/24 $20C expecting a drop on earnings, still holding RIVN shares for the long term. Using premium to fund an options trade on SOFI going into earnings next week.
Rivian levelsHere are the levels for rivian. A buy at 13.10 with stop at 9.97. Break of 20.23 is a buy regardless.cheers
Price Analysis $25As we are nearing Earnings. I am noticing that more and more analysts are pushing their expectations higher suggesting the belief of a beat in expectations which would be just as expected which would suggest a decline in price action post earnings. If that were to be the case, we would see a decline in Revenue and an increase in EPS and future growth expectations. Now if we were to see an increase in Revenue with an increase in eps and increase in growth higher than analyst expectations, we will easily see rapid price increase. My expectations are that Analyst have undervalued Rivian Potential for growth and Rivalry to Tesla (TSLA) as we Lucid (LCID). Rivian is set to blow analyst expectations away. but again, just my thoughts.
Price target $25
valuation Strong buy
Rivian Bullish Historical Chart trend analysisNovember of 2021 Rivian started trading on the New York Stock Exchange. With a price of $106.75, Rivian saw a high of $179.47. Since its all-time highs, it has seen a steady decline. Over the last two and a half years there has been one trend in which I have noticed that leaves me with the optimism of a very bullish move coming.
In observation of the historical price action, amidst the downtrend in price I have noticed that Rivian has its most bullish movement every year between the second and third quarter. Price action starts to bottom and reverses trend though July into august just after earnings where it tends to slow down. This cycle is not proven to be a consistently repetitive occurrence as there is limited data to confirm this pattern and/or trend to be true but, the evidence so far is strong.
The first occurrence from May 11, 2022 - Aug. 12, 2022, in which produced roughly a 110% increase in price from bottom to top. The second occurrence started a little earlier from APR. 25, 2023- JUL. 27,2023 in which produced roughly a 140% return. By doing simple math and taking the average of the two, I would predict roughly 125% return (give or take a few percentage points for unpredictability and human fallibility) between Apr. 18,2024 where this year's bottom was found and earnings Aug. 06,2024. Doing that calculations that would put us in the $18.50 and $23 range.
BUT WAIT THERE IS MORE!!!! I tend to track patterns with the help of exponential moving averages. To save the headache of explaining what moving average are, please do your due diligence. I like to use what I call macro averages. The 100 day and the 200-day moving average. You pay attention to the circles; you will notice the first wave on the daily chart rejects the 100-day moving average (blue). You will then see the second wave reject the 200-day moving average (White). The significance in this pattern is that we are steadily reaching a higher moving average as the moving averages come lower. Within the first wave, after breaking through the high of the 100-day moving average on the daily, it pushed 5% higher before retracing. On the second wave, after breaking the 200-day moving average it pushed 22% higher.
In this present 3rd wave, we have not made our full move and are already 9% higher than the 200-day moving average. We are above both the 100-day moving average and 200 day moving average which is significant pattern in my theory for and breakout for higher pricing. There is a lot more leg room to go and demand is steadily increasing. Volkswagen (VOW3) has recently invested 5 billion into the company as part of a project they are working on. These are all signs confirming bullish momentum. Like Share and comment your opinion I would love to know
$RIVN is now up over 120% off it's last indicator signal NASDAQ:RIVN is now up over 120% off it's last indicator signal. Could find some resistance at $20
"Rivian Stock Gaps: Key Insights"There are 2 gaps formed in ''Rivian Automotive'' in the 1st half of 2024; the first gap called '' Exhaustion Gap'', formed on last February, as it appeared after a downtrend that started in July 2023, (which means this downtrend is finished!), and after this, the stock witnessed a sideway move for 4 months, which is considered an accumulation phase, then after this accumulation, the stock witnessed high volatility in the end of June 2024, to form a new gap called ''Breakaway Gap'', as this gap shows conviction in the new uptrend direction, and this gap is not ''Filled''.
currently, the stock closed below the last peak 16.35, which is considered the level that needs to be violated to confirm the uptrend, which will trigger further rises near 16.85 - 18.15 - 19.50 - 20.50 - 22 on the short term.
The stop-loss lies below 14$.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
$RIVN Perfect for Shorting the 2hr High RSI to $12The chart has reached a new short-term high. The RSI on the 2 hour chart is over 70. Perfect short from $16.73 to $12 or lower.
Invest smart, invest hard.
Boost my post if you like this idea 💡
Also follow and subscribe for more uproars. Let's spread the word together.
Roaring Puppy 🐶 out.
NASDAQ:RIVN
Fomo rivnriven reversal pattern with power gap. I think the fundamentals are decent here targets the 1 and 1.618 fibs
RIVN Rivian Automotive Options Ahead of EarningsIf you haven`t sold RIVN when they started to recall vehicles due to loose fasteners:
Then analyzing the options chain and the chart patterns of RIVN Rivian Automotive prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $3.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Rivian: Bullish Momentum and Strong Support Following VolkswagenI am bullish on Rivian following the significant news catalyst of Volkswagen investing up to $5 billion in the company. Despite closing the day with a bearish shooting star, the impact was minimal as we remain well above the 9 EMA and reclaimed the 200 EMA. For four consecutive days, Rivian has failed to close the gap since the news broke, indicating strong support.
On the daily timeframe, we successfully broke the 10 fractal downtrend, which is a positive technical signal. Over the past three days, we've observed higher bull volume and weak bear volume, reinforcing my bullish thesis. I believe Rivian has a lot of potential to run further based on these observations.
A strong buy signal for Rivian Automotive Inc. (RIVN)Technical Analysis of Rivian Automotive Inc. (ticker on Nasdaq: RIVN)
A strong technical buy signal has been triggered for Rivian Automotive (RIVN) following a breakout from a large inverse head and shoulders formation.
The potential for the stock according to this inverted head and shoulders formation is initially up to around USD 20.00 (cf. red dashed lines in the chart).
The next technical resistance level will then be around USD 25.00.
There may therefore be a significant upside now for the Rivian Automotive share, which has a potential of around USD 20.00 in the short term (1-3 months) and USD 25.00 - 28.00 in the medium term (3-6 months).
What is special about this stock now is that the aforementioned reverse head and shoulders formation is also a technical analysis term 'island signal'. This provides further positive technical signals for the further development of the share in the short and medium term.
The overall technical picture for Rivian Automotive Inc. (RIVN) is clearly positive now, and indicates a further rise to USD 20.00 - 28.00 in the next 1-6 months.
Keep an eye on RIVN...Rivian looks poised to break out of a long-term downtrend right now...
If we can get a strong breakout and then a rest to set us up for a new trend, this company could be an incredible investment going fwd.
Fundamentally, we're starting to see Rivians all over the place now and they've definitely gained traction in the market.
Rivian Makes the Right Moves & the Stock Rebounds to Key TechRivian had a tough couple of years, as unprofitable startups are more vulnerable to the adverse external environment from high interest rates and lingering inflation. This has softened EV demand and deliveries have been disappointing in recent quarters. Highlighting the challenges, executives believe 2024 production will not surpass that the last year. But the large output-delivery gap of Q2 shows that Rivian is offloading its inventory.
Rivian is making the right moves to turn things around and it will be launching two smaller EVs, starting in 2026. These are crucial for its future, as they will help it increase its customer base, stop the cash burn and eventually make money. The recently announced cash injection from auto giant Volkswagen can help it whether the storm and accelerate its progress.
These developments have helped the stock to relief rally from the April record lows, bringing it to a critical technical juncture. RIVN tries to take out the 38.2% Fibonacci of the slump for the end of 2023 and the EM200 (black line). Surpassing them would shift momentum to the upside and facilitate further gains.
Despite the turnaround plan and promising developments recently, the off-road EV maker is not out of the woods yet. On the technical front, a rejection of the aforementioned critical resistance cluster would reaffirm the bearish bias and enhance risk of lower lows.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website:
Stratos Markets Limited clients please see: www.fxcm.com
Stratos Europe Ltd clients please see: www.fxcm.com
Stratos Trading Pty. Limited clients please see: www.fxcm.com
Stratos Global LLC clients please see: www.fxcm.com
Past Performance is not an indicator of future results.
Rivian Automotive, Inc. Class A - Motor VehiclesKey arguments in support of the idea.
• The Company’s supplies grow faster than on average in the market.
• Modernization and expansion of production lines may lead to a boom in sales in
2025.
Investment Thesis
Rivian Automotive, Inc. (RIVN) is a US company that develops, manufactures and
sells electric vehicles. The model range is presented by electric SUVs of the R
series. The Company is also developing its own line of commercial vans, EDV,
actively used by Amazon.com, Inc. for delivery in 100+ US cities. The retail giant is
also one of Rivian’s major investors.
The Company’s EV shipments grow faster than in the industry on average. In Q1,
sales of BEVs in the United States increased by only 2% y/y, while Rivian
Automotive was able to sell 71% more cars in this period than in the 1st quarter of
last year. In Q1, RIVN’s share of the US EV market rose to 5%, from 3.1% a year ago.
In April and May, EV (BEV) sales in the US were 1.5% higher than in the same period
of the prior year. We believe that over the current quarter, the automaker may
again show faster supply growth than its peers. From April 5 to May 1, the Company
suspended EV production to modernize its production processes. We expect that in
Q2, the automaker will supply about 13 thousand cars (+3% y/y). This year, the
Company plans to produce 57 thousand electric vehicles, which may increase
shipments by ~14% y/y for the whole of 2024. In the current market realities, this
forecast looks quite solid.
It seems that Rivian Automotive may indeed achieve a positive gross margin in
the last quarter of this year. The Company has upgraded its production lines at
the Illinois plant and predicts that the initiatives taken will allow it to achieve gross
profit in Q4 2024. Also in early May, the Company announced that the Illinois
Department of Commerce and Economic Opportunity would allocate funds to
help the automaker expand its existing plant. The total incentive program
amounting to $827 million will allow the Company to postpone the construction of
a new plant in Georgia and focus on the production of new R2 and R3 models at
existing facilities. Besides, on June 21, Reuters representatives visited Rivian’s plant,
and its CEO RJ Scaringe said that the Company had managed to reduce material
costs related to car production by 35% due to the modernization of production
lines. These factors suggest that Rivian may significantly increase its sales in 2025.
Based on the EV/Sales’2024 multiple, RIVN securities are valued at 1.7x, which
corresponds to the average for public Chinese and US EV manufacturers.
Nevertheless, we consider this valuation of RIVN attractive, given higher expected
sales growth and stable financial position. As of the end of Q1 2024, Rivian’s cash
balance was $7.8 billion, which is enough for the Company to continue its
expansion in the US market over the next few years.
We believe that in the short term, RIVN stock may show positive dynamics.
The target price for RIVN shares on the horizon of two months is $12.9, the
rating is Buy. A stop-loss order is recommended at $9.6
Rivian 3 Drives AccumulationReal clear lower broadening trend, with 3 drives to the low and what would now be considered the end of the spring phase.
This is where you would expect to see a retest of the range low to confirm that the breakdown was rejected, and the range is now being considered support.
A lot of overlapping price action on the way back up, but the top of the range is the target, with a stop in the 24.93 range there. Often this is where youd see a partial decline in the lower range, and then an extension to the top of the range for the sign of strength
Targets above the range would be the 1.618, 2.0, and 2.618 if it ends up doing a full return.
Wallstreet made a ton of money on the way down, the easiest way to make more, is to run it back as shorts unwind and new participants enter.
Volkswagen AG to invest 5 billion USD in Rivian AutomotiveVolkswagen AG is set to invest 5 billion USD in Rivian Automotive Inc., marking a strategic move to solidify its position in the electric vehicle (EV) market. This investment aims to optimise Volkswagen’s business processes and production efficiency by leveraging Rivian’s expertise in electric vehicle technology.
Despite being regarded as the future of the automotive industry, the electric vehicle sector is facing challenges such as slowing demand. The fact that even industry leaders like Tesla are compelled to implement aggressive price cuts to attract buyers highlights the intense competition and price wars affecting the newer, loss-making entrants like Rivian and Lucid Group Inc. particularly. This landscape poses new challenges for Volkswagen as it seeks to enhance its market stance through this strategic investment.
Examining potential investment opportunities, let’s review the stock chart of Rivian Automotive Inc. (NASDAQ: RIVN) from a technical analysis perspective:
On the Daily (D1) timeframe, Rivian’s stock has broken the resistance level at 12.15 USD, with support now established at 9.85 USD. An uptrend is beginning to form. Should a downtrend initiate, a potential downside target could be 5.50 USD.
If the current uptrend continues and the stock price rebounds off the resistance level, there could be a buying opportunity with a short-term target of 19.50 USD. For those considering a medium-term investment strategy, the stock price might rise to 24.45 USD if the positive momentum persists.
—
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
RIVIAN Time to get bearish despite the VW $5 billion investment?Rivian Automotive (RIVN) reached today as high as $16.35 following Volkswagen's $5 Billion investment and got just shy of our $17.00 long-term target, as we called on our last analysis (May 17, see chart below):
Despite the excellent news, we have to call for caution this time as the technicals come in center stage. As you can see, the prevailing long-term pattern remains a Channel Down since the September 2022 High and unless the 1W MA100 (yellow trend-line) breaks and closes a 1W candle above it, we won't continue buying.
We change now our outlook to medium-term bearish and expect a rounded top to be formed below the 1W MA100 in the next 3 weeks, which we will sell and target the 0.618 Fibonacci Channel level at $13.50. Check also how the 1D RSI sequences between the current and the previous Lower High formation in July 2023 are similar.
Add to the bearish mix the fact that today's rise stopped exactly on the 1W MA50 (red trend-line). In any case, as mentioned, we are only willing to buy after a 1W MA100 break, in which case we will target $28.00 (just below Resistance 2).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
