$RIVN - WATCHLIST -
Added 2024-09-12 13:09:55 +0000 UTCI think with $NIO, $XPEV, $LCID and $PSNY moving well, and we are waiting for $TSLA to breakout, then we must put $RIVN on our watchlists.
$RIVN has run ahead of the EV sector since April and has pulled back to a strong confluence level now
In between the 0.5 - 0.618 Fib levels, holding strong with the help of the 200 Day MA
So a breakout or reversal could be next here too.
Flipping the 200 Day MA to support at $14.05 can give this the green light to move higher and a higher high will be needed next above $15 to confirm the trend and we can add the next impulse wave.
Fans of $RIVN should be watching this closely for a reversal.
Comments
RIVN falling 👀 exciting
Adam Wenberg
2024-10-11 01:47:49 +0000 UTCHello, any updates to RIVN?
Abhishek Ananda
2024-09-25 15:20:28 +0000 UTC
