Still has some work to do to prove bottom is closeNot going to spend a whole lot of time on this as my graph is self explanatory. These are the targets I am expecting Rivian to follow if it follows a "NORMAL" path...but when is it ever normal.
I plan on adding more to my long term position around $11-$12. When the time comes closer, I will update you on any trades I make.
Bonam Fortunam,
--Tyler
RIVN trade ideas
I couldn't resist buying some RIVIAN!ENGLISH
NOTE: I do think the entire market still has a ton of downside to go. This is a long term investment, but I will start investing at this price.
TO CONSIDER:
1. Rivian is the ONLY other electric car maker beyond Tesla that is actually mass producing units at a rapid pace.
I like to use Lucid as a comparison, because they've been around forever and they can't deliver within their own production.
2. Rivian has also acquired and is scaling their facilities by 4 million SQ FT. This will allow for more vehicles to be produced, and also new longer range batteries and more.
3. They are being valued at numbers from their first couple of investment rounds.
4. It's NOT a shitcoin and it's down about 92% from ATH.
5. The reason why the price is coming down, is because they missed expectations by (what I consider) NOTHING, and also they had another recall that is very easy and extremely cheap to fix for all owners.
6. Remember the AMAZON ELECTRIC VEHICLES? yup, still making them for them.
These are all the simple reasons beyond their own product I'm buying Rivian today.
I own a Rivian and the product is fantastic. I don't doubt they will make it in the future. Specially knowing, their production side is solid.
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ESPANOL
NOTA: Creo que todo el mercado todavía tiene muchas desventajas por recorrer. Esta es una inversión a largo plazo, pero comenzaré a invertir a este precio.
A CONSIDERAR:
1. Rivian es el ÚNICO otro fabricante de automóviles eléctricos, además de Tesla, que en realidad está produciendo unidades en masa a un ritmo rápido.
Me gusta usar Lucid como comparación, porque han existido desde siempre y no pueden cumplir con su propia producción.
2. Rivian también ha adquirido y está ampliando sus instalaciones por 4 millones de pies cuadrados. Esto permitirá que se produzcan más vehículos, y también nuevas baterías de mayor alcance y más.
3. Están siendo valorados en números de sus primeras rondas de inversión.
4. NO es una 'SHITCOIN' y está un 92% por debajo de su alto historico.
5. La razón por la que el precio está bajando es porque no cumplieron con las expectativas por (lo que considero) NADA, y también tuvieron otro retiro del mercado que es muy fácil y extremadamente económico de arreglar para todos los propietarios.
6. ¿Recuerdas los VEHÍCULOS ELÉCTRICOS AMAZON? Sí, todavía los hago para ellos.
Estas son todas las razones simples más allá de su propio producto por las que estoy comprando Rivian hoy.
Tengo un Rivian y el producto es fantástico. No dudo que lo hagan en el futuro. Especialmente sabiendo, su lado de producción es sólido.
RIVIAN IS ABOUT TO GET CREAMED!!Rivian has been on a downward slide for some time now. Finally, with some newfound powers, I believe I can put a more accurate count to this mess.
Let's begin with the LEADING DIAGNOL in the beginning. On the chart I labeled a (1), this is our first motive wave. As you see there is overlap between wave 1 and wave 4 within this motive wave. The only way this is allowed is by it being a diagonal, rather it be leading or ending. In this case it is obviously a LEADING.
We then declined nicely for our Wave 3 down to the 1.5 fib line. After this we retraced in our wave (4) in an overlapping fashion. I believe we could still have OMH left up to the 1.0 Fib line @ $22.53. If we do make it to here, I believe we will see a reaction to the downside which will likely conclude anywhere from $9.23-$12.07 at the 1.786-2.0 Fib lines.
If price reaches the 1.0 Fib line and then heads down, I will most likely sell the stock I have with the intention of buying back at the lower price target. If I do so I will make a post on here to update my followers.
Bonam Fortunam,
--Tyler
Rivian Making silence but deadly moves. New uptrend? This is only the second pull back in the trend up. Could be a great time to start buying. I like 19$ if it gives it to us. 19.50 is the uptrending support.
20.20 could be a level to claim as new support for a long trade. I am inclined to take a swing long up on this.
Risk-On - A Disinflation Trade [Rivian +50%?]Non-Farm Payroll numbers showed a decrease in wage growth inflation supporting the disinflationary narrative, bullish for equities. Even-though, the unemployment rate fell to a multi-decade low of 3.49%, signals of slowing wage inflation were all markets cared about. Over the next couple of months more disinflationary data will be coming out. Financial conditions started easing around October as inflation peaked signaling future rate cuts and a path to the fed's 2% target. It's natural for steep increases in short term rates to decrease long term rates and ease financial conditions. Just as wage inflation data came in support of a disinflationary report, I expect headline CPI to fall as we saw rates decline and energy cheapen. It seems like recession in 2023 is now consensus view. Even though, I disagree with this due, to a historically low unemployment rate, healthy personal expenditure and higher gdp. Pricing in a recession puts downward pressure of prices and rates, which are bullish for equities. A (best case) scenario that induces rate cuts is to avoid a recession and maintain a low unemployment rate and decreasing inflation rate. Rivian and Tesla stock prices move very similar to each other. EV stocks such as these are priced and valued based on future production/success. As the share of electrical cars grows in the US, demand for EVs increase. As a result, these companies need too borrow money to fund their future growth. As real rates (TIP) decreases, higher future growth is supported. Looking for 19,21 or 24 on this Rivian trade. The trade will reverse in 1-3 months as markets realize that more tightening will be needed. The easing of financial conditions since October will reapply upward pressure on inflation. But, first the disinflationary narrative must run its course.
Keep selling, because I’m buying After up is down, after down is up.
The market is a lot simpler then most make it out to be. The R1S is a beautiful car and I see it in the streets. Rivian charging network is expanding and they’re releasing new models. Institutions are just shaking out weak hands, get your bags of rivian for these once in a lifetime low ass prices and diamond hand this shit. That price is going back to $50 at least.
Almost ready for a retrace$16.87 is my target for the bottom of this ABC. This is at the 1.414 Fib line of Wave 4 and a common end point for wave 5's. From the count I see we should only have a little more of a micro wave 4 and then OML to finish out wave 5. I may buy another 50 shares at that time to add to my LONG term collection. We will see when the time comes. If I add more I will make a post or update this one stating so.
Good luck all,
--Tyler
RIVN 01/20 25Ptsla and lcid, both make lows, auto industry is vulnerable during a recession. RIVN has attempts 30 levels for multiple times, i bet it will break down finally. It developed a reversed cup handle pattern on weekly chart. I took put on 11/25 around 30. However, powell speech is bullish then the price pops up to 32.75. Not a good sign
RIVNRIVN has been on this downtrend for sometime and is nearing all time lows soon. I still need to chart pre market High/low for monday but as of now this would be the plan.
If RIVN drops below YL( Yesterdays Low) then I would want to see a candle close below it. maybe drop to 2.25 then a rest of it with sellers in control to confirm a move to the downside. I would have my stop loss 22.74.
If bulls are in control and we are done dropping then I would like to see it test first 22.74 then YH (Yesterday's High) of 23.87.
If we can break 23.87 then my first zone to take profit would be 24.46. keeping stop loss close probably around 23.55.
RIVN | It's Finally Oversold | LONGRivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.