$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!