$RIVN
Added 2023-12-05 19:06:33 +0000 UTCIt is getting very very interesting here on the $RIVN chart.
The price continues to knock on the 200 Day MA level after holding our blue support line and the 0.78 Fib at $15.
The more it knocks, the weaker the resistance becomes....is the saying.
This is a strong confluence level here now too as the 50 and 200 Day MA are both at the same spot, so a break out here and a retest and the impulse count is in charge here.
Wait for the breakout or be greedy for the retest for confirmation.
Comments
Just needs to break out first and retest and I don’t see much in its way
Gareth Neary
2023-12-05 19:20:39 +0000 UTCSo it's about to pull an upstart (UPST)
V
2023-12-05 19:17:16 +0000 UTC
