RIVN: Possible outlookNot really a RIVN trader but this has been on my watchlist for some time.
Thought I would share my thoughts and what I am seeing.
Please note I am not a RIVN expert! Not advice!!
Safe trades everyone!
RIVN trade ideas
Nothing has changedNothing in my count has changed. I believe we will get a decent drop into possibly this afternoon/beginning of next week with a higher chance of the latter. When we finally do get a drop I will be able to give more accurate end points for this wave 5 of C.
When we do finally bottom I think Rivian stock will take off. If it follows Tesla then I don't think we will ever see these prices again. Electric vehicles are the future rather we want them or not. Rivian is uniquely positioned to gain from this adaption and are actively attempting to expand at a time when the economy is contracting. It will be interesting over the course of 10-30yrs which EV's make it or not. I putting my cards on Tesla #1 & Rivian #2.
Bonam Fortunam,
--Tyler
Still working our way downSo far Rivian is still playing by the rules. I have updated my count to reflect this latest move up. We could potentially go up to the $15 area before we resume our decline to our final destination. That would put us around the 0.5 fib line of this wave 3 retrace. Still patiently waiting for it to hit my target box before I buy any.
Bonam Fortunam,
--Tyler
Does Rivian have more to give?We hit my wave 5 of iii in my last post and started our retrace for wave iv. We've already hit the 1.0 fib line of A-B @ $13.5 so that could be all it gives us for a retrace. The next motive wave we embark on SHOULD carve out our bottom.
I will update more frequently and with more detail as that time approaches. If my thoughts are right it should start to descend tomorrow along with the S&P(which I am short as of this writing). Feel free to ask questions or PM me!!
Bonam Fortunam,
--Tyler
Rivian the next 100 bagger stock or money pit?Buy low and sell high, simple as that right? I wish it was. Charts alone dont show the whole picture.
Rivian has a math problem. They are a sales grower, but they burn cash until they dont.
They are burning 1.5 ish billion a quarter and have 8 billion ish left from IPO.
Price to tangible book is now below 1.00 showing investor losing faith.
Is wave iii over??Rivian barely made it into my target box today for our wave 5 of iii, however, it along with its retrace was VERY VERY quick. So, although one could technically state we hit BOTH targets today...that is not my primary analysis. I feel we will still work our way down and have a more solid move into the box.
Still no trades on Rivian yet. I decided NOT to sell what stock I have of Rivian, but will load up with around 500-600+ extra shares when I feel we hit bottom. Stay patient y'all!!!
Bonam Fortunam,
--Tyler
Rivian is behaving....so farNot much to add with this post. I changed it to a line graph to help drown out some of the volatility and improve clarity. Rivian appears to have hit both my wave 3&4 targets since my last post. However, it was very quick and would not surprise me if we haven't actually finished Wave 3. Chart shows my targets and they haven't changed.
We shall see what happens Monday. My hope is we hit wave iii and then start our wave iv retrace but I doubt it'll be that quick.
Bonam Fortunam,
--Tyler
Still has some work to do to prove bottom is closeNot going to spend a whole lot of time on this as my graph is self explanatory. These are the targets I am expecting Rivian to follow if it follows a "NORMAL" path...but when is it ever normal.
I plan on adding more to my long term position around $11-$12. When the time comes closer, I will update you on any trades I make.
Bonam Fortunam,
--Tyler
Rivian - Long Term Accumulation Opportunity Riksy with potential, would recommend dollar cost averaging for a small long term position.
I couldn't resist buying some RIVIAN!ENGLISH
NOTE: I do think the entire market still has a ton of downside to go. This is a long term investment, but I will start investing at this price.
TO CONSIDER:
1. Rivian is the ONLY other electric car maker beyond Tesla that is actually mass producing units at a rapid pace.
I like to use Lucid as a comparison, because they've been around forever and they can't deliver within their own production.
2. Rivian has also acquired and is scaling their facilities by 4 million SQ FT. This will allow for more vehicles to be produced, and also new longer range batteries and more.
3. They are being valued at numbers from their first couple of investment rounds.
4. It's NOT a shitcoin and it's down about 92% from ATH.
5. The reason why the price is coming down, is because they missed expectations by (what I consider) NOTHING, and also they had another recall that is very easy and extremely cheap to fix for all owners.
6. Remember the AMAZON ELECTRIC VEHICLES? yup, still making them for them.
These are all the simple reasons beyond their own product I'm buying Rivian today.
I own a Rivian and the product is fantastic. I don't doubt they will make it in the future. Specially knowing, their production side is solid.
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ESPANOL
NOTA: Creo que todo el mercado todavía tiene muchas desventajas por recorrer. Esta es una inversión a largo plazo, pero comenzaré a invertir a este precio.
A CONSIDERAR:
1. Rivian es el ÚNICO otro fabricante de automóviles eléctricos, además de Tesla, que en realidad está produciendo unidades en masa a un ritmo rápido.
Me gusta usar Lucid como comparación, porque han existido desde siempre y no pueden cumplir con su propia producción.
2. Rivian también ha adquirido y está ampliando sus instalaciones por 4 millones de pies cuadrados. Esto permitirá que se produzcan más vehículos, y también nuevas baterías de mayor alcance y más.
3. Están siendo valorados en números de sus primeras rondas de inversión.
4. NO es una 'SHITCOIN' y está un 92% por debajo de su alto historico.
5. La razón por la que el precio está bajando es porque no cumplieron con las expectativas por (lo que considero) NADA, y también tuvieron otro retiro del mercado que es muy fácil y extremadamente económico de arreglar para todos los propietarios.
6. ¿Recuerdas los VEHÍCULOS ELÉCTRICOS AMAZON? Sí, todavía los hago para ellos.
Estas son todas las razones simples más allá de su propio producto por las que estoy comprando Rivian hoy.
Tengo un Rivian y el producto es fantástico. No dudo que lo hagan en el futuro. Especialmente sabiendo, su lado de producción es sólido.
RIVN RIPJust look at it. the stock is shit. This is a break and retest of support though back to the downside, seeing a lot of exhaustion here.
RIVN HAS NO IDEA...after the recent trendline break, I believe we could see this stock pushing further down into new territory. looking for a retest before entering a short position.
Covered CallPlaced a Covered call with a strike @ $22.5. This pattern should start breaking down soon. I don't see it raising past the 1.0 fib line. Good luck all!
Bonam Fortunam,
--Tyler
RIVN Short IdeaLooks like price formed a head and shoulders with a trendline break. Looking to get in on a retest around 19.50, this also depends on CPI data tomorrow.
RIVN likely to squeeze with TSLA Lots of potential upside here and has likely bottomed
I’d be targeting 50 bucks or so
Send it
GRI 2023
RIVIAN IS ABOUT TO GET CREAMED!!Rivian has been on a downward slide for some time now. Finally, with some newfound powers, I believe I can put a more accurate count to this mess.
Let's begin with the LEADING DIAGNOL in the beginning. On the chart I labeled a (1), this is our first motive wave. As you see there is overlap between wave 1 and wave 4 within this motive wave. The only way this is allowed is by it being a diagonal, rather it be leading or ending. In this case it is obviously a LEADING.
We then declined nicely for our Wave 3 down to the 1.5 fib line. After this we retraced in our wave (4) in an overlapping fashion. I believe we could still have OMH left up to the 1.0 Fib line @ $22.53. If we do make it to here, I believe we will see a reaction to the downside which will likely conclude anywhere from $9.23-$12.07 at the 1.786-2.0 Fib lines.
If price reaches the 1.0 Fib line and then heads down, I will most likely sell the stock I have with the intention of buying back at the lower price target. If I do so I will make a post on here to update my followers.
Bonam Fortunam,
--Tyler
Rivian Making silence but deadly moves. New uptrend? This is only the second pull back in the trend up. Could be a great time to start buying. I like 19$ if it gives it to us. 19.50 is the uptrending support.
20.20 could be a level to claim as new support for a long trade. I am inclined to take a swing long up on this.
The R1T stuffExpecting this to squeeze with Tesla
Could revisit the lows
Bull div forming
R/r seems good, 100 in play
GRI 2023
Risk-On - A Disinflation Trade [Rivian +50%?]Non-Farm Payroll numbers showed a decrease in wage growth inflation supporting the disinflationary narrative, bullish for equities. Even-though, the unemployment rate fell to a multi-decade low of 3.49%, signals of slowing wage inflation were all markets cared about. Over the next couple of months more disinflationary data will be coming out. Financial conditions started easing around October as inflation peaked signaling future rate cuts and a path to the fed's 2% target. It's natural for steep increases in short term rates to decrease long term rates and ease financial conditions. Just as wage inflation data came in support of a disinflationary report, I expect headline CPI to fall as we saw rates decline and energy cheapen. It seems like recession in 2023 is now consensus view. Even though, I disagree with this due, to a historically low unemployment rate, healthy personal expenditure and higher gdp. Pricing in a recession puts downward pressure of prices and rates, which are bullish for equities. A (best case) scenario that induces rate cuts is to avoid a recession and maintain a low unemployment rate and decreasing inflation rate. Rivian and Tesla stock prices move very similar to each other. EV stocks such as these are priced and valued based on future production/success. As the share of electrical cars grows in the US, demand for EVs increase. As a result, these companies need too borrow money to fund their future growth. As real rates (TIP) decreases, higher future growth is supported. Looking for 19,21 or 24 on this Rivian trade. The trade will reverse in 1-3 months as markets realize that more tightening will be needed. The easing of financial conditions since October will reapply upward pressure on inflation. But, first the disinflationary narrative must run its course.
Keep selling, because I’m buying After up is down, after down is up.
The market is a lot simpler then most make it out to be. The R1S is a beautiful car and I see it in the streets. Rivian charging network is expanding and they’re releasing new models. Institutions are just shaking out weak hands, get your bags of rivian for these once in a lifetime low ass prices and diamond hand this shit. That price is going back to $50 at least.
RIVN first target 80 bucks Trying to bottom here
Can get some hype behind it as it did on launch
Bull div on weekly and a touch of bull div on daily also atm
Opened starter position
GRI 2023
Get ready to buyDefault target atm is the 618
Two possible timeframes depending on the momentum.
I think the '24 time target makes more sense
After it bottoms around ~11.6, and makes its first high, we'll get a better reading.
Almost ready for a retrace$16.87 is my target for the bottom of this ABC. This is at the 1.414 Fib line of Wave 4 and a common end point for wave 5's. From the count I see we should only have a little more of a micro wave 4 and then OML to finish out wave 5. I may buy another 50 shares at that time to add to my LONG term collection. We will see when the time comes. If I add more I will make a post or update this one stating so.
Good luck all,
--Tyler
