RIVN is amassing massive net buy volume this past few days / weeks. Net positive Volume has surged +64% from 28M to 46M -- conveying that buyers have started taking positions at the current price range.
RIVN is flashing a "bottomfish" opportunity of a lifetime -- seeding in early at calm waters before a massive ascend happens, which based on recent data is about to materialize soon.
Monthly data histogram is already a hinting shifting trend -- buyers are overtaking sellers for this month.
Pricewise, the shift is obvious now as price lines are oversurfacing descending ones based on monthly data. HUGE hint.
All of these technicals coincides with the company's last GREEN earning calls.
Spotted at 15.0
TAYOR
Safeguard capital always.
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FUNDAMENTAL / FINANCIAL NEWS:
Quarterly financials
MAR 2023
(USD) Mar 2023 Y/Y
Revenue 661M 595.79%
Net income -1.35B 15.32%
Diluted EPS -1.45 18.08%
Net profit margin -204.08% 87.83%
Operating income -1.43B 9.25%
Net change in cash -319M 78.03%
Cash on hand - -
Cost of revenue 1.2B 100.34%
RIVN is flashing a "bottomfish" opportunity of a lifetime -- seeding in early at calm waters before a massive ascend happens, which based on recent data is about to materialize soon.
Monthly data histogram is already a hinting shifting trend -- buyers are overtaking sellers for this month.
Pricewise, the shift is obvious now as price lines are oversurfacing descending ones based on monthly data. HUGE hint.
All of these technicals coincides with the company's last GREEN earning calls.
Spotted at 15.0
TAYOR
Safeguard capital always.
----------------------------------
FUNDAMENTAL / FINANCIAL NEWS:
Quarterly financials
MAR 2023
(USD) Mar 2023 Y/Y
Revenue 661M 595.79%
Net income -1.35B 15.32%
Diluted EPS -1.45 18.08%
Net profit margin -204.08% 87.83%
Operating income -1.43B 9.25%
Net change in cash -319M 78.03%
Cash on hand - -
Cost of revenue 1.2B 100.34%
Trade active
MACRO VIEW: MONTHLY DATA : Hinting of its next move.Trade active
We are now SHIFTING... so far so good.Get ready, RIVN will be generous in the next coming weeks/months.
Trade active
Daily data update:RIVN corrected healthily. It's NOW time to continue it's ascend journey.
Spotted 20.0
Target: +10
Trade active
price moving according to plan.+ $3.30 on its price from 20.0 spotted.
Trade active
Based on recent metrics, this is planning to retest the 28.0 peak and a possible break.Trade active
Weekly data update:Weekly confluences "buy" alert is up. Price formation is firm at this point.
Expect some significant series of price growth from here on.
TAYOR.
Trade active
Long term correction is almost done.TIME to start SEEDING. UPSIDE shift is commencing soon.
TAYOR.
Trade active
Keep holding.Targeting 20-30% soon from the 10.0 baseline.
TAYOR.
Trade active
After yesterdays price move. This is set to touch 13.0 soon.HOLD.
Trade active
25.0 target is a firm goal for RIVN.KEEP HOLDING IT.
Trade active
So far so good. We're about to enter 12.0 zone.Trade active
We're pacing up now.Trade active
Daily data update:Price growth has been consistent so far as expected.
This is inching closer to to the heatzone area around 15-16 range. Once this zone is tapped, strong momentum will follow.
Interim target set at 40.0
TAYOR.
Trade active
Daily data update:Strong buy at the current zone.
RIVN is one of the better contenders to TSLA's dominant marketshare.
Based on our daily data metrics, this will just continue its series of ascend despite the correction caused by the overall market's sentiment.
The current bargain area is an ideal seeding point / trade entry.
Spotted at 13.0
Interim target at x2 or 26.0
TAYOR.
Trade active
STRONG BUY / HOLD.RIVN is preppin for some good reversal from this range as it successfully created a new higher base.
Expect some good price growth from here targeting the 25 area.
TAYOR.
Spotted at 13.0
Note
so far so good. This is targeting the 25.0 zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.