$RIVN - RC -
Added 2024-05-15 16:06:44 +0000 UTC$RIVN is still being kept down by the blue line which was a previous support line at $11.67 but bulls will like that it has so far found support above the 50 Day MA as it pulled back.
Converting the 50 Day MA to support is a step in the right direction and takes this away from the danger zone of losing the wedge bottom line at $8.30
If EV's are starting their revival, $RIVN will need to convert the blue line to support and start moving in an impulse wave.
