SamSuka
The Long Investor
The Long Investor

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$RIVN

$RIVN is in an even worse situation compared to $LCID right now and it is drifting down further to its 0.887 Fib at $9.46, since it rejected trying to get above its 0.78 Fib at $10.52

In comparison, $NIO is just at or below its 0.618 Fib.

$RIVN I believe is in a much better position compared to $LCID however, it has the backing of $AMZN, Saudi investment funds and VW.

I still prefer $NIO but if $RIVN can find support soon, it could be worth an add and consideration.

$RIVN

Comments

Any updates on RIVN please post ER?

YuseeMo

I feel like one comment from $RIVN that part shortage is resolved and it will rip - shortages come from demand

Updog44


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