RIVN trade ideas
SMOL STARTER POSITIONBought a SMOL starter position in RIVN. Should have been paying attention yesterday and bought yesterday. But, I still think based on the chart pattern this is a good spot for a SMOL starter position. I imagine half the country is looking for an alternative to TSLA and I have been seeing an increasing number of Rivians around town. That's anecdotal, but WHATEVER BRUV! That's what I think.
RIVN looks ready after a flatRIVN bounced off the 61.8% retracement of W-(1), looked like a clean impulse besides the very deep retracement of W-2, but still valid. Wave B looks like 3 waves up and was rejected off the 127% making it look like an expanded flat. This then followed into an ending diagonal for C right into that 61.8% retracement of W-(1) and not quite hitting the 161.8% extension of W-A.
On a smaller timeframe, this last leg down could look like a 1-2 1-2 and needs a second 4-5 still. One more low could be in order.
Rivian (RIVN): EV Expansion Drives Market GrowthRivian Automotive, Inc. (RIVN) is an electric vehicle company focused on adventure-ready trucks and SUVs. With models like the R1T and R1S, Rivian is carving out its place in the EV market by offering rugged, high-performance electric vehicles designed for both city streets and off-road adventures. The company’s growth is driven by rising demand for sustainable transportation, strong partnerships, and its expanding production capabilities.
The stock chart recently showed a confirmation bar with increasing volume and is finding demand at the Fibonacci 0.618 level inside the corrective zone (0.382-0.618). This is a strong support area in uptrends, signaling that buyers are stepping in, creating potential for a rebound. A trailing stop can be set using Fibonacci levels, helping traders manage risk while staying in the trade as the stock moves higher.
RIVN Rivian Automotive Options Ahead of EarningsIf you haven`t sold RIVN after the recalls:
Now analyzing the options chain and the chart patterns of RIVN Rivian Automotive prior to the earnings report this week,
I would consider purchasing the 16usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $0.93.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
RIVN - Still on track with my prior charts.I always love RIVN, I see them everywhere in So cal, I want a truck, it is a USA company, we are in a USA first political cycle. I would like to take the RISK and be part of another TSLA type move over time.
I own and love TSLA too, I was too late too that original party and now primarily just trade it.
Owning less than I have in prior years.
Disclosure for me is it is personal acct., holding 1500 shares @ $10.50, I traded some and fumbled with emotions, taking some great profit and ruined my avg price, which is now 12.50...
I will most likely add 500 more if it drops to retest the $11.50 support....
$20 and above hold will confirm Range 2 in play..
GTLA, for entertainment only
RIVN key support signaling a bullish move aheadRIVN recently found support at its previous resistance level, signaling a potential shift in momentum. This technical move suggests the possibility of another upward swing, with $23 emerging as the next target. The price action highlights investor interest at this level, potentially setting the stage for a bullish continuation.
RIVN - Accumulating zone for meBased on my previous RIVN chart, being partial, I have been accumulating since under $10, long term hold.
I counted Teslas many years ago, now I count RIvian's I see on the road or now in my neighborhood driveways.
Although it is not tesla and just a vehicle company, It is a USA company, it also has the ability to be a lifestyle technology company.
Bullish
RIVN break long-term trend?Rivian Automotive
RIVN
said late Thursday it closed a loan agreement with the US Department of Energy for up to $6.6 billion to back the construction of a plant in Stanton Springs North, Georgia.
The loan will be divided into two phases for Rivian's Georgia facility, with the first phase expected to reach up to $3.4 billion and the second phase up to $2.6 billion.
Construction is slated to start in 2026 with production of customer vehicles expected to take place in 2028, Rivian said.
The company's shares were rising past 5% in after-hours trading.
Rivian $14.21 Buy.Following their results, Rivian’s share price gapped up to over $16.00.
Many of the smaller cap tech stocks took a beating today, many I watch, and some I’m in were down more than 10%. Rivian was no exception down 7%
Anyway the revival looks to be on track, nice looking Channel developing, still holding on for the long haul.
RIVN Minor trend on wave 3 and closely cross up first time??
RIVN Minor trend on wave 3 and closely cross up first time in time frame week??
Hi everyone
Merry christmas and happy new year
Today I found good technical stock "RIVN" on time frame week
for now green candle engulfing 4 candle it look good and I think it on wave 3
Too far target price as this picture
Stay tune :)
Rivian Automotive, Inc.: Triangle Breakout in Sight
Rivian Automotive (RIVN) is forming a triangle pattern, signaling a potential breakout as the price consolidates within a tightening range. This technical formation points to a high-probability setup, with upcoming price movements likely to be decisive. Let’s analyze the chart to uncover precise levels and actionable trading opportunities.
Chart Analysis: Key Levels to Watch
The lower trendline of the triangle, around $14.35, serves as critical support. A breakdown below this level could signal bearish momentum.
Target Levels Post-Breakout:
Target 1: $18.33
Target 2: $21.73
Target 3: $24.52
Stop-Loss: Above $15.25
What’s your take on Rivian’s next move? Will it break higher or lower? Share your views in the comments below! 📈📉
⚠️ Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.