$RIVN - to $16 then back to $18
Updated
EV vehicle market heating up like a tesla charging station in death valley.
Healthy red hammer candlestick that tapped the bottom of the regression channel.
it needs to cool it to $16 before headed to $18, this is solely based on the fib channel.
I labeled the resistance fib on the chart as well.
Interesting chart overall. This stock long term could be fantastic after a difficult start.
EV market as a whole, is set to change big. batteries are like micro ships. every year the size requirement gets cut in half.
I truly believe the electric future, but the market manipulation on EVs is wild.
Lots of speculation.
not trade advice.
Healthy red hammer candlestick that tapped the bottom of the regression channel.
it needs to cool it to $16 before headed to $18, this is solely based on the fib channel.
I labeled the resistance fib on the chart as well.
Interesting chart overall. This stock long term could be fantastic after a difficult start.
EV market as a whole, is set to change big. batteries are like micro ships. every year the size requirement gets cut in half.
I truly believe the electric future, but the market manipulation on EVs is wild.
Lots of speculation.
not trade advice.
Note
looking on path here waiting for an entryNote
on path
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