$RIVN has retested the 200 Day MA from above today and has so far held above this level.
There are bullish signals here:
Above the 200 Day, held support on our blue line and the 0.78 fib at $15.
Showing 3 waves down completed
And making higher highs and higher lows.
Bulls need to follow through with this hold above the 200 Day MA now and move to the upside.
Adam L
2023-12-12 17:34:09 +0000 UTC