$RIVN - RC -
Added 2023-11-13 19:34:40 +0000 UTCThe count remains the same here, still holding above the 0.78 Fib and our blue support line but it must be noted that the 200 Day MA has been behaving as a resistance line this month.
The Bulls will need the price action to flip this resistance to support before it can go higher.
A third rejection here at the 200 Day MA and this is at risk of going into the bear case and move down lower, even testing the low blue line at $11.50....this is still a long way away but the bulls will have a battle to flip the 200 Day MA next.
Comments
Friday was a nice up day... Let's see
Seb
2023-12-03 18:34:49 +0000 UTCIs this starting wave 3?
CWT7
2023-11-29 11:12:51 +0000 UTCAny updates on Rivian?
Jeff Akrawin
2023-11-28 20:45:20 +0000 UTC
