$RIVN - REPORTS AH TODAY -
Added 2025-02-20 17:49:07 +0000 UTC$RIVN reports after the close today and there is a bullish set up now ONCE they report a good earnings.
They have missed on estimates on every earnings since November 2023.
That being said, the share price bounced strong after the last earnings report in November from $9 to $17.
Price right now has held on the 0.618 Fib after a 3 wave pull back and held on the 50 and 200 Day MA too.
Price needs to break above the channel and blue line at $15.76 to confirm the reversal for me.
The 1.618 Fib at $23 would be the next upside target then.
Comments
What’s so innovative about Rivian, I don’t see their unique advantage. Really expensive electric cars, competing for car sales against tesla, bmw, audi, mercedes, porsche, etc.
Matt Lampkin
2025-02-21 14:11:03 +0000 UTCGreat earnings
Mahdi Yusuf
2025-02-21 01:27:27 +0000 UTCYou have to bet on innovation here. Good product line and another American tech giant in the making
Mahdi Yusuf
2025-02-21 01:27:16 +0000 UTCEarnings beat but forecasting reduction in sales for 2025. Chart looks great, but no EV tax credit and tariffs could def weigh this one down. I’d personally rather buy into sectors with a tailwind.
Matt Lampkin
2025-02-20 21:35:46 +0000 UTCEarning beat!
A
2025-02-20 21:16:13 +0000 UTCDo you own shares here?
Mark S
2025-02-20 19:05:54 +0000 UTCWould love to see a good report and hop back in here. Something tells me we see the opposite unfortunately. TSLA car sales underwhelmed and don't see how RIVN beats the number and guides higher with tariff uncertainty as well. This is one of my favorite stocks to swing trade because hoe much it moves, so I hope to be wrong on my earnings guess. Nice set up!
Adam L
2025-02-20 17:52:36 +0000 UTC
