Long

RIVN HTF RUN TO $44

Updated

looks a lot like did last year. HTF bull div on 1M coming out of oversold.

Think this is a long term hold, but even a 1yr tf should be fruitful. Not to mention, I love their trucks. Cool design, cool tech. gud car.

Note

BANG.

Note

just realized the OP is on the weekly tf not monthly lol you can see that beautiful monthly bull div coming out of oversold on the chart right above.

Note

just realized i forgot to linlk the chart from last year.

for those interested in the relativity..

not a single person boosted my idea at the literal bottom lol.

Note

Significant pull back on the monthly into previous S/R. Monthly macro still looks great, this would be where we'd want to add, if you're looking to do so.

Expecting consolidation here or potential wicking back up. Expecting to hover around this zone til EOY.

Weekly RSI still hovering around EQ, which is what we want to see. Monthly RSI still looks bullish af.

Note

Zooming in to LTF and that feels like it was the liq push we needed below the previous S/R to form a bottom.

Note

We added a bit down here slightly below our original cb. Thankful for the opportunity to add more down here.

macro still looks great from a div perspective and more locally, we're just in a large distribution range.

Note

We've continued adding around our original CB. W2 feels complete. Earnings around the corner.

Trade active

patience, anon.

Note

WTFFFFFFFFFFF

drcrypto14

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.