FALLING WEDGE BREAKOUT
Some positive fundamentals released regarding rivians Q1 sales are creating a nice breakout in this falling wedge formation.
I believe rivian has received a lot of negative reaction over the last few weeks, however, i believe it cannot get much worse than what the sentiment is right now.
With some good news finally starting to be seen in rivian, we could definitely see shares rebound up to the $20 level.
Trade safe guy, happy trading!
I believe rivian has received a lot of negative reaction over the last few weeks, however, i believe it cannot get much worse than what the sentiment is right now.
With some good news finally starting to be seen in rivian, we could definitely see shares rebound up to the $20 level.
Trade safe guy, happy trading!
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.