$RIVN
Added 2024-09-25 19:29:43 +0000 UTCSome weakness being shown now by $RIVN, price spent August and Sept battling to get above the 200 Day MA and holding on the 0.618 Fib but when it broke below, it tested the 0.618 Fib from below and rejected heavily, and is now moving down to the next Fib level at $10.50 desperate to find support.
50 day MA is likely to cross down through the 200 Day MA shortly too
Bulls need to step in quickly.....$GM was downgraded today and $F is struggling too, likely the cause for the decline.
Comments
If $10.50 holds - would it be a good price to enter ?
YuseeMo
2024-09-26 18:14:02 +0000 UTC
