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.
RIVN trade ideas
$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.
$RIVN Holding its Trading Range Box$RIVN quick shakeout and back into its trading range box. I'm actually surprised this held up. Found support at $100 round number.
RIVN about to test 100 mark Friday auction was very interesting to see on RIVN. We bounced from 128 support level to 140 and price was instantly rejected from this point.
Note how prior 140 support level turned into resistance now. 140 was Monday value are low and also Wed LOD which makes it even more meaningful.
This kind of price action is very bearish and given the fact that FORD canceled further collaboration with RIVN I think we may trade 100 soon.
Minor bounce can occur at around 110 and 98 level.
Disclaimer: I'm not certified financial advisor and this is definitely not financial advice. I'm only sharing my recent opinion about the stock.
RIVN Down to supportRIVN was unable to break through it's 2 week support, no sign of volume either. I'm expecting a trip to $110 in the next week.
RIVN ! Whats Next RIVIAN created local support at 110 and I think we will see 121/ breaking 121 with high volume will lead to 148
Disclaimer: I'm not a financial advisor, this is for educational purposes only.
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4th biggest Automaker has just deliverd 154 pickups so far!Rivian Automotive reached a 132 Billion dollar market cap which placed it as the 4th biggest automaker in the world after Tesla, Toyota, and Volkswagen.
However, in premarket, it has passed Volkswagen and it seems today it will be named as 3rd biggest automaker in the world.
It will be as big as General Motors and Ford combined!
The question is how long it will hold this market cap???
I remember last February I talked about the EV sector Bubble!
This bubble will last for a while and then will blast!
So far with 10 billion dar Price volume/day it has enough power to go further, but it will not last very long! and I think we are 1-3 days away from top formation!
In the 1930s, economist John Maynard Keynes said: “Markets can stay irrational longer than you can stay solvent."
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA or 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.
RIVN - Rivian Automotive, RIVN FALLING WIDGE, 1 HrNASDAQ:RIVN
RVIN shout break out of falling wedge (Green Trend Line) so it can reach the Green Tragets. otherwise it may continue to drop to 96.39 Level. I will watch it for the next week.
DISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks,
expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice.
If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
RIVN BULLISHRIVN is a stock that most people now go Bearish on and smart money see this as an opportunity to drive the price up to bring it down I think. If the price goes over 124 I don't think we will see any Bearish moves. I see liquidity from people shorting RIVN and that needs to be filled and take people out of the game before going down.
RIVN is very volatile and you should not spend any money on this stock if you don't know what you are doing.
$RIVN Bullish Dragon / ReversalLooking good here for a reversal. Double bottom here with hidden bullish divergence on the RSI and OBV.
Bullish dragon style reversal that would lead into an 886 extension up to complete a bullish Bat at around 135$
TP targets at the 618 and 886 or corresponding candle close high.
RivianRivian
CEO: Robert Scaringe
Location: Florida, USA
Founded in 2009
IPO: 2021 @ 74 USD
Industry: EV
EV is an unsaturated market led by Tesla. That means there is lots of room for growth where multiple winners can shine.
Rivian is attractive because Robert, the founder, has a doctorate in mechanical engineering. He has been able to raise $12 billion from nothing. This money is going to be used to build new manufacturing facilities in the US. Moreover, Rivian is backed by two high-profile giants. Ford held a 13% stake, and Amazon a 20% stake.
Products:
1. R1T (truck) @ 70,000 plus add-ons
2. R1S (SUV) @ 70,000 plus add-ons
Strength
- Founder has a doctorate in mechanical eng. and is a fresh blood
- High quality products
-$12 billion in offering
Weakness
- Start-up
- No sales yet
- Battery production is outsourced
Opportunity
- Biggest IPO ever
- Unsaturated market
- Giants support
Threat
- Huge valuation
- No 10k available for analysis
$RIVN will be $151 by Christmas$1.2T infrastructure bill passing
Their R1S and R1T EV pickup truck deliveries to start Jan 2022
Cybertruck keeps getting delayed and the F150 ligtning is looking more like June 2022.
EV pickup trucks are the next natural evolutionary step in transition to low carbon autonomous driving vehicles…. then comes the Tesla Semi to take over the world.
$RIVN Rivian Motors TA Upcoming Week$RIVN Rivian Motors Technicals for upcoming week.
NOTES:
- Rivian Motors has had ATH @ $180/s last week with a break correction currently at $128
- WATCH RVIN line at $120:
-- IF The lines breaks the stock can have a down-trend towards $95/s range
-- IF There is a bounce, stock will continue up-trend towards $180/s range
--Crucial that you watch that line within the next few days
FUNDEMENTALS:
- We typically only do technical here, but important to know that as of writing this the stock futures are -200pnts currently.
RIVN Bull WedgeRIVN bouncing around key anchored vwaps expecting break above ATH vwap and possible resistance at volume shelf above
RIVN BearishI choose to go short for two reasons, first reason is the IPO always hype and ends falling to its correct levels.
Reason 2 is smart money is involved and they see this as an oppertunitie to make smart money simple as that.
this is a very risky trade and I dont have any education at all. Lets go!
Rivian rebound incoming?long since break
stop loss couple dollars below that second wave level (130s)
after continuation on the way up, stop loss will continue to adjust
RIVN Daily Chart Buy Zone (high odds)High odds daily buy zone for RIVN. We are seeing a nice pullback to this daily area of demand on RIVN, it is a decent buying opportunity for a trade with a stop loss below the zone, or a good place to buy if you think this company will do good long term
Game Over..!Yesterday I published my analysis and mentioned we are 1-3 days away from the bubble blast!
and we see the price is -22% today!
I think it would be unrealistic to think about prices higher than 180, but moving toward 100 and below could be the more possible scenario!
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.
$RIVN entry PT 170-172 Target PT 198 and higherRivian Automotive, Inc. develops and manufactures electric adventure vehicles. It offers five-passenger pickup trucks and sports utility vehicles. The company provides electric SUVs and electric pickup vehicles. The company was founded in 2009 and is based in San Jose, California. It has additional facilities in Irvine, Carson, and Palo Alto, California; Normal, Illinois; Woking, United Kingdom; Plymouth, Michigan; Vancouver, Canada; and Wittman, Arizona.
