Can a double bottom rescue $RIVN?Double-Bottom last week provided a nice demand zone. However, the push was stopped by the POC and it will need a good amount of Buyer-Volume to get over it. Unless that happens, i see more downside.Let's not talk about evaluation.by KhanPhelan0
Trading in the era everyone buy tickets to the Moon..!“Insanity is doing the same thing over and over and expecting different results.” (Albert Einstein) The importance of Price Pattern Recognition I do not care if Ark invest buys HOOD and keeps buying more and more! As you see Hood is 82% lower than its ATH..! A clear downtrend that could go lower. options data in the next 3 months indicate it could go down to 10 or even lower in the next 3 months! why? Because it does not profitable and will not be in near future! Similarities between RIVN and HOOD -38% in one month Rivian price pattern is a replica of the HOOD price pattern and so far you see it went down 58% from its ATH and it could go down to 35(-80% from ATH) On December 9th, I published my analysis about this similarity and it went down 38% since then! This clearly shows you can do accurate analysis without having lots of data! I have done an analysis about the price pattern COIN before it became tradeable..! How? Reviewing the chart of more than 900 IPOs and opening days in the past 3 years will give you a clue that in 80% of the cases price will go down more than 80% in the next few months after the IPO or the opening date! Some went down more than 95%..! Amazing story of Madness: A few days ago, one of my friends shared a link about a reality show star selling her farts in the mason jar for 1000 USD/Jar. It seems she had made 200K so far(in a couple of weeks) and she is ready to release the NFT version as well..! I remembered the famous Einstein's quote: “Only two things are infinite, the universe and human stupidity, and I’m not sure about the former.” You may think this story is irrelevant, but looking at the new investor's behavior in the market, you see it happens on a very larger scale every day, hour, minute..! YouTube, Twitter, Reddit, and ... etc are full of people that invite you to Moon and Mars, and they usually sugar coat their titles by launching rockets..! and they have hundreds of thousands of followers! I have a piece of very good news for them and their followers, 2022 will not be 2021, 2020..! 2022 will be the year that the tide goes out and you discover who's been swimming naked in the past 2 years! 6 day has been passed and major indexes closed lower 5 out of 6 and 250 trading days are left..! Most Mooners have already felt the punch of Mr.Market..! I have a very sincere recommendation to all traders: Watch one of the greatest movies of all time "12 Angry Men" (1957) IMDB score:9..! This movie will help you make better decisions in your life and your trading! I do not want to spoil it..! Best, Moshkelgosha Educationby Moshkelgosha27
$RIVN - Coiling TighterOver the past couple of days, $RIVN has started forming a symmetrical triangle on the 15 minute chart. As price coils tighter, the likelihood for an explosive move increases. Will keep this one on the watchlist. With the sharp selloff among growth stocks into value, it's likely that this name will break to the downside.Shortby FluxTrades222
A review on my Rivian analysis..!November 16th, 2021: I think we are 1-3 days away from top formation! November 17th, 2021: Game Over! December 5th, 2021: Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. December 9th, 2021: I think the RIVN chart pattern is very similar to HOOD and it could follow the very ae pattern and experience a sharp constant drop to 60-40 in a Bearish case..! December 20th, 2021: I believe shorting RIVN could be the most profitable in the next few months..! In less than 3 weeks it is 20-30% down! Recommendation: Please read George Soros's book: "The Alchemy of Finance" if you want to avoid such disastrous trades! Unfortunately, people just listen to those who talk to the moon..! Shortby Moshkelgosha5515
Rivian - 3 ideaswe have 3 possibly opportunity. If you follow my trading strategy you should follow these rules: 1. Money management: never ever risk more than 2% of your account on every single trade! (Never risk any more than you can afford to lose) 2. Always use a stop loss order. 3. Always make your own analysis before you follow my strategy. 4. Follow Rule 1! 5. Remember Rule 4!by folibok112
Rivian. Bearish, maybe too bearish. we will see.I am very tough on Rivian in this analysis. You can plainly see there was an IPO frenzy, and now we are looking for reality. If I am a bull, I am looking at this and thinking: 'maybe I will just wait for someone else to get the buying started'. That is one of the psychological factors that plays into the bear strength. Not doing anything is what the bears want, and at the moment, I would not do anything with this stock. I know we all look at EV's and thing that each one will run like Tesla, but Tesla is a different animal. Tesla is the new species that dominates the environment, and spreads like wildfire. Other EV's are variations of one aspect of the proto-species, but not better from a market fitness standpoint. My opinion. Their will come a time when an EV stands on the shoulders of Tesla, but at the moment they appear to be fighting over fragments of a larger whole.Shortby emehoke4
RIVN sub $90 The old support is now proven to be resistance, shorting RIVN for the next week.Shortby CaseySprenger224
Buy Rivian after a pull backhi there, we look for a break out and a pull back to buy rivian ... Good luckLongby Trader_714222
RIVN 1hr chart analysisTrade Breakdown: 1. Buy at current price with stops below $92. 2. 1st PT at $106 & 2nd PT at $108. Good luck!Longby ZakUpdated 772
Rivian USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0
Rivn may skyrocket soon!Rivn is currently moving in a falling wedge, which is bullish. I think Rivn is about to breakout the wedge and target easily 110-120, and on longer time to target 135 up to 155! Current support is around 84-89, if it keeps the price above this level we should see the breakout soon. Longby Lucka904411
Tesla,Lucid, or Rivian..?Tesla is the biggest EV maker, Lucid is a Luxury EV maker, And Rivian makes EV trucks that loses 62% of its range if it tows..! And it did not deliver anything so far..! They just manufactured 154 pickups so far! I believe shorting RIVN could be the most profitable in the next few months..! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Shortby Moshkelgosha121227
Story of Bubbles! George Soros: Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. I started my article with George Soros's quote and will continue with his great wisdom about bubbles! I think he was the one who benefitted from stock market bubbles the most! and this happened because of his approach to identifying and trading these bubbles! George Soros: “When I see a bubble forming, I rush in to buy, adding fuel to the fire,” Most people rushed into buying RIVN or LCID because they think this could be the next Tesla, and they did not want to miss this opportunity! This story is very similar to Workhorse's story in the past 3 years! I published 14 articles about workhorse between September 8th, 2020, and May 6th, 2021. 7 Bullish articles when the price was between 19.78-28.5, and target price of 40-42! WKHS reached 42.96 and closed at 41.32 on Feb 4th, 2021, priced made a top formation, and on Feb 11, 2021, I published a Short analysis when the price was 37.21. My first target price for WKHS short was 20-21 and then modified it to 10-11 and after that 5-4 in my last analysis! WHKS reached 4.92 and closed at 5.01 after 6 months! I wrote about this practical example because I want to mention: 1- The Bubble story repeats based on the same or different misconception that seems real! 2- The price Pattern moves Exponentially in both directions, either the inflation phase or the deflation phase! 3-Less experienced investors think prices will always be back at the previous highs or lows, which is not the case in many cases! 4- If you can not distinguish the different phases of a bubble, you will lose a big percentage of your trading capital! 5- Average Volume Price is the best tool to monitor speculative bubbles. 6- I strongly recommend reading about Reflexivity What Is Reflexivity? Reflexivity in economics is the theory that a feedback loop exists in which investors' perceptions affect economic fundamentals, which in turn changes investor perception. Conclusion: Please review Lucid and Rivian plans for the future! The Lucid goal is to manufacture 400K cars each year! BUT Casa Grande, AZ, is operational with a production capacity to deliver up to 34,000 vehicles per year. Rivian: The company says its factory in Illinois has the capacity to produce up to 150,000 vehicles per year. About 65,000 of those should be R1T pickup trucks and SUVs, and about 85,000 should be the company's RCV commercial delivery vans, Rivian said in financial filings. Delivery so far 154 ..! If you are looking at these numbers, you easily understand that they even don't have any plan to be the next Tesla..! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Reference articles: www.investopedia.com Educationby MoshkelgoshaUpdated 9925
$RIVN 👇👇👇Big drop after earnings, now we will see how aggressively they defend the IPO lows...by UnknownUnicorn3162232551
98 is just an after hour noise with a fib extention.It should bounce back with multiple extentions done.by simbha111
$RIVN Elliott wave I don’t trade based off news events, like earnings, but I was doing the chart and when I finished I didn’t realize earnings come out today. I’m still going to enter my trade, just smaller. I went back and forth on different count set ups… I finally just picked this one as I think it is most consistent with EW rules theory. Green = overall primary structure I’m looking at as the fib points align with the EW impulse counts upwards. 5 blue waves give us a Green wave “i” up and a retrace wave “ii” down to the .618 fib, which falls into a demand zone. *Orange = this came from part of a different count, but keeping it in here. I think it supports completion of Green “ii” down as it supports an ending abcde pattern. I think we are starting Green wave “iii” upwards. Wave 3’s are most powerful. Only “news” I’ll throw into this is it could be a supporting catalyst that with a good earnings outlook, it could really boost the wave 3. Targets upside are $130; $140; and $150 Longby PT_Marche0
$RIVNEarnings tonight... recently added to Nasdaq 100, but will they have what it takes to make a move up?by UnknownUnicorn31622322
RIVN 12.15inverse head and shoulders forming if EVs can get going expect a big moveLongby FACE0303223
RIVN - cup & handle figure indicating a potential upward movemenRIVN possibly going to break out the resistance level of the cup and handle figure drawn in daily chart. also the ADX is positive indicating strength in the direction and also it has bounced in the 20 MA to the upsideLongby INSANEMOANING223
$RIVN Rivian Motors Simple Technical$RIVN Motors Technical Analysis NOTES: -Currently at $119/s -WATCH BREAK at $120 -- IF BREAKS upwards, it will continue to $128 -- IT IS currently testing the $119-120 line -Moved +$5/s today -WATCH Earnings report on the 17th this can change tremendously Longby MARKETLYTICAL113
$RIVN earnings this week!Watch the option flow this week to see if there are any clues on sentiment. The struggle to get over IPO highs has not been good for this name so far. An earnings miss and a drop could affect $F...by UnknownUnicorn31622320
RIVIANRSI: Bullish and Oversold MACD: Bullish Cross and in the floor VOLUME: avg-high 15 MIN TIMEFRAME WITH NOT MUCH DATA TO WORK WITH, DYOR.Longby BearManalowUpdated 3
$RIVN short...My analysis is...I think Rivian's valuation is stupid, they might make cool cars, but it took $TSLA forever to get it right with supply chain, distribution etc... $100 puts for any time frame seem undervalued. No position, will watch and chart.by UnknownUnicorn39241543