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Rivian

Important Trend Line!Money Makers! Rivian has finally been launched on the NYSE. This trend line shown will be very important over the next few days, especially when we're able to use options. If it breaks below, that will be one of the first bearish signs and I'm sure there's a lot of bears waiting to take advantage. This project is currently backed by Amazon & Ford. With that being said with the pettiness between Elon and Jeff. I wouldn't be surprised if this project keep moving higher. Tesla is currently 10x Rivians price and I'm sure Jeff wants to catch up but that's just my opinion. Love it or hate it, hit that thumbs up and share your thoughts! It's all about Market structure, Area of value, and Entry Trigger. Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
NASDAQ:RIVN
by rnaofs
Some Thoughts About The Craziest IPO I've Seen (Rivian)Rivian is worth over $100 billion at the time of this writing. That's a lot of money. BTW, they don't generate any revenue. Actually in their press releases they write that on any given quarter, they expect to generate $0 – $1 million in revenue. But never over $1 million. No more than $1 million. From my research and understanding they are the first pre-revenue company to be worth $100 billion. I get it - EVs are hot. And they are backed by Amazon and some Saudi money. Maybe they have an awesome roadmap. But my goodness, at $100B they basically need to be flawless in execution. It took Tesla some 10+ years to get to where it is and A LOT of controversy. I have no position and don't plan on having one. It makes no sense to me. So best to stay away. Writing this down just for fun and to see what others think. The chart I attached above is a 30-minute chart of Rivian since its IPO, which happened this week. Thanks for reading!
NASDAQ:RIVN
by scheplick
14
RIVIAN is finally here! $RIVN backed buy Amazon and Ford - LIVE!Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly drive experience. Robert J. Scaringe founded Rivian in Plymouth, Minnesota in 2009. Amazon currently holds a roughly 22% stake in Rivian. Amazon founder Jeff Bezos showed off his commitment to the company as he prepared to go to space in July; he and fellow astronauts rode to the launch site in a Rivian SUV!
NASDAQ:RIVNLong
by jeffreytesterman