RIVN is above a resistance level and squeezed between two VWAPs. It is starting to break out of a long-term wedge.It looks tempting, but the loss of the EV tax credit could pose a challenge for Rivian.
I am watching for now.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.