RIVN Buying opportunities.Rivn has came back down to two zones. I will be buying here and buying more if its drops to the lower zone. China EVs seem overbought. Looking for this to bounce.
RIVN trade ideas
RIVN could be an opportunity!Fundamentals :
NASDAQ:RIVN is set to report earnings two days after the elections. In a recent podcast with Joe Rogan, presidential candidate Donald Trump repeatedly emphasized his intention to impose tariffs on manufacturers outside of the US. If implemented, these tariffs could give a competitive edge to domestic electric vehicle (EV) manufacturers like NASDAQ:TSLA , NASDAQ:RIVN , NYSE:F , NYSE:GM , etc.
Increased competition in the EV market could drive consumer adoption, providing more choices and potentially expanding the market share for companies like RIVN. Given its current valuation, and assuming the earnings report—especially revenue—shows resilience, RIVN could present a solid growth opportunity at these levels.
Technicals :
Following a gap (marked on the chart by an arrow) and recent bearish news, the price quickly filled the gap. For nearly a month, the stock has been consolidating within a tight range of $10–$11.
Yesterday, an attempted breakout lacked volume, which aligns with market caution ahead of both the elections and the earnings release. However, a large move in response to the news appears likely, and NASDAQ:RIVN is well-positioned for a strong reaction.
The TTM squeeze indicator reflects this setup, with an orange dot signaling that Bollinger Bands are within the first Keltner Channel—a sign of reduced price volatility and increased breakout potential. With downside momentum easing, the setup looks favorable for upside movement. Additionally, the $9.85 support level has held strong since May, further reinforcing this base.
Today, I’m watching for a small breakout and a retest of the top range. If that level holds, I’ll go long with near-term profit targets at $13.5–$14.
RIVN shows significant upside potential.The 10s have shown resilience, holding firmly at current levels, and a potential break above the previous neckline and trendline could indicate a move toward the 12s and 15s, setting up a promising path toward a longer-term target of 22. This upward momentum would likely confirm renewed buying interest and a shift in trend. However, caution is warranted, as a break below the 10 level might shift the outlook, potentially signaling a decline toward the 8s, with the 6s also in sight as lower support levels. This range highlights both the upside potential and the key risk points to monitor.
Rivian long Rivian low average buys in relation to weekly monthly leaves off rsi and bb
Entry > 10.25
Target > 18-20$
Amazon has pledged a long term investment months ago for billions of dollars over the next blah blah blah
Evs will not dominate the legacy car manufacturers but will instead find their share
Rivian has potential to eat a lot of tsla market shares up
Comment below if u disagree or agree
Rivian long Rivian low average buys in relation to weekly monthly leaves off rsi and bb
Entry > 10.25
Target > 18-20$
Amazon has pledged a long term investment months ago for billions of dollars over the next blah blah blah
Evs will not dominate the legacy car manufacturers but will instead find their share
Rivian has potential to eat a lot of tsla market shares up
Comment below if u disagree or agree
Bullish RivnRivian (RIVN) has broken out of a bullish consolidation pattern, signaling potential upside momentum. The breakout above resistance is supported by increased volume, indicating strong buying interest. The technical target is set around $11.50, with sustained movement above the breakout level suggesting a continued rally toward this region.
N/b just a speculative analysis
RIVN: Let's Play a Lottery Trade for Tomorrow, October 30, 2024Price Action and Trend
RIVN has shown a recent pullback after rallying, with a clear break from the recent high around $11.11. The current price near $10.48 indicates it may be stabilizing after a drop, as indicated by the lower wicks on recent candles, suggesting buying interest.
The uptrend (depicted by a rising trend line) shows potential for a retest of higher levels if support holds.
Support and Resistance Levels
Immediate Support: $9.96 - This is the lower support level that, if broken, may signal further downside.
Current Resistance: $10.86 - If RIVN can break this level, it could revisit recent highs.
Major Resistance: $11.11 - This is the recent peak and a strong level that could determine if the uptrend will continue.
Entry/Exit Points
Entry: A potential entry is around the $10.48 level with a stop-loss below $9.96, aiming for an upside bounce.
Exit/Take Profit: First target around $10.86. If RIVN continues upward, the next target would be $11.11.
Projection
If RIVN maintains support around $9.96 and breaks $10.86, it could continue toward $11.11. However, a breakdown below $9.96 may trigger a deeper correction.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before trading.
bottom is in for RIVN , 100% by Jan 2025 , 250% by April 2025Retraced to .786 and so far has held $10 with higher lows. 3D Decreasing bearish momentum on TTM squeeze , 3D stochastic RSI oversold pointing to the upside, time scale measurement provides to return to $36 around April 2025. Using the 2024 q1 q2 baby bump to create a fib extension, $36 is roughly the 2.618 take profit target.
Key Decision Point Coming for RIVNNASDAQ:RIVN chart is pointing towards a major movement coming. Key decision will be earnings report in early November, and we should see that getting priced in by end of October. My guess is that the intense downward pressure that the stock has been receiving as of late will continue, and the stock may drop back to the $8.00 level as early as mid-November.
Surely, it can't go much lower than that though. Right?
RIVN: A potential Multibagger!Rivian may be getting ready for a quick move up! A potential multi-bagger at these level.
a) MACD signal lines are rising as the stock is making lows
b) RSI is showing divergence on the daily timeframe; monthly RSI is above the 14 period RSI moving average line
c) ADX on Daily is above 20; a cross of +ve DI over -ve will come with a swift move to reach the $27 levels
An investor can start accumulating now; trader can get it now with a SL at 9.92; conservative buyer should wait for a close above 11.84 levels.
Rivian is on its way to 9.13.NASDAQ:RIVN Rivian is going to fall down to $9.13 fibonacci level away from this rising wedge. My fibonacci is 100% accurate if placed correctly & at the right time. This will be the minimum spot it touches! It just formed a rising wedge, a bearish chart pattern, after filling a resistance gap that will push it downwards. It has lost any bullish momentum, even if it pops a little, it will make its way down there shortly.
RIVIAN 25 COMING.... 🎉 Why Rivian's Stock Price Could Hit $25 🎉
Innovation and Product Appeal: Rivian has been making waves with its innovative electric vehicles like the R1T and R1S. The anticipation around new models and features, like the Gear Guard live cam and Tri-zone climate control, keeps the brand's allure strong among tech-savvy consumers and environmental enthusiasts. The unique selling points of these vehicles could drive demand, positively impacting stock value.
Strategic Partnerships and Market Positioning: The relationship with Amazon for electric delivery vehicles positions Rivian as a key player in not just the consumer EV market but also in commercial applications. This could lead to steady order flows and visibility, crucial for investor confidence.
Production Scale and Cost Reduction: Rivian's focus on scaling production, especially with the introduction of its in-house Enduro drive unit, aims to reduce costs significantly. As production ramps up, achieving economies of scale could lead to better margins, making the stock more attractive.
Investor Sentiment and Analyst Predictions: Despite variations, there's a notable optimism among analysts with a mix of hold and buy ratings, suggesting that many see potential for growth. The consensus price targets around $17.68 with highs up to $28 indicate that reaching $25 isn't far-fetched, especially if Rivian meets its production and innovation goals.
Market Expansion and Brand Loyalty: Initiatives like The Good Project, where Rivian vehicles are used for community service, not only enhance brand image but also foster loyalty. Exclusive offers for existing customers to upgrade to newer models could retain and grow the customer base, indirectly supporting stock price through sustained demand.
Technological Advancements: Rivian's development of proprietary technology, including its own chips and operating system, could insulate it from supply chain issues and offer competitive advantages. Innovation in software updates like dynamic headlamp leveling shows a commitment to continuous improvement, which could excite investors.
Market Sentiment Towards EVs: The broader trend towards electric vehicles continues to gain momentum. As more regions implement policies favoring EVs, companies like Rivian, which are pure-play EV manufacturers, stand to benefit from this shift, potentially driving up stock prices.
Financial Health and Investment: While Rivian has significant cash reserves, managing these effectively for growth without excessive dilution could reassure investors. The strategic use of funds for R&D and scaling could pave the way for profitability, a significant milestone for stock valuation.
Mean Reversion... RIVN oversold. TESLA, Chinese EVs Overbought.Setup:
Mean Reversion Trade (Long)
Key Criteria:
1. Price has tested a prior breakout/breakdown level, 15+ day pivot in price, or monthly/weekly Fair Value Gap (FVG).
2. Market Cap is above $10 billion.
3. Price swept highs, closed lower, with a gap between the open and previous candle close.
Specifics for NASDAQ:RIVN :
* Market Cap: $11.12 billion
* Relative Volume: 1.70
* Technical Level: $11.15 key weekly support level
* Technical Setup: Intraday price crash through known support, followed by a rejection, signaling a potential for a dead cat bounce, especially considering the current EV hype.
Trade Details for NASDAQ:RIVN :
* Position: Long
* Entry Price: $11.28
* Stop Loss: $10.98 (below daily pivot)
* Risk per share: $0.30
* Risk: 1% of account equity
* Order Type: Buy Stop Order
Targets:
1. Target 1: $11.85 (1.8R) — Based on weekly and monthly FVG.
2. Target 2: $12.75 (4.75R) — Based on weekly and monthly resistance levels.
Exit Techniques:
1. Scale out 33% at Target 1.
2. Scale out another 33% at Target 2.
3. Exit the remaining 34% based on a "Reason2Sell" approach:
* Price Reversal Patterns: Double tops, head and shoulders, falling wedges.
* Overbought Conditions: RSI exceeding 70.
* Negative Divergence: Price makes a new high, but indicators don’t confirm.
* Support Level Breakdown: Price breaking below significant support levels.
* Increased Volatility: Sudden surge in volatility or volume, indicating selling pressure.
* Volume Nodes: Observe price action around liquidity points.
Reasoning:
Rivian has been overshadowed by Tesla, Waymo, and Chinese EVs in recent news, but the current price drop offers an opportunity for a mean reversion trade. The stock has filled the gap created by the Volvo investment news, and yesterday’s price action shows potential for a long entry after rejecting the $11.21 intraday support level. This could be an intraday breakout that transitions into a swing trade, aiming for a target range between $12 and $13. The tight spread provides a favorable risk-to-reward ratio for this setup.
Stop Loss Strategy:
* Adjust the stop loss after Target 1 is reached, scaling out accordingly.
Additional Notes:
* Set orders to automatically scale out shares as profit targets are met. If you’re holding the full position size after hitting targets, manage your risk accordingly.
* Feel free to reach out with any questions for further clarification or support.
Will RIVN make the big jum on the 10 ish!?Even though a channel has been broken, it might work on the level of the 10s, it might not! I would say it depends if the report support the Technical Analysis showed. Are you going to take it? what do you think!
Can RIVN hold support at 10.2 and bounce back?RIVN is clearly in a downward trend, but there's support around 10.2 that could trigger a short-term bounce. If the stock manages to hold above this level, it could rise toward 18 by year-end. However, if 10.2 fails, the stock may drop further into the 8.8–9.2 support zone.
Gap filled- Fridays dip and todays early session dip have filled a gap From June (Circle)
- Lots of demand in this price range
- Lots of support in this area
- Good news last week for Rivian Investors
Prediction: we see $15 by November and $20 by the end of the year
Time to buyFrom its all time lows to the recent short term highs @ $18 Rivian has retraced 50%.
A clear channel has started to form, currently at the bottom of this channel.
A daily golden cross has formed on the chart.
Share price is difficult to predict on a short term timeframe.
All the news has been positive recently with VW investing and collaboration with Rivian. With much more affordable vehicles coming out in the near future that look amazing, they will sell by the thousands, future looks bright for this fantastic company. Apparently customer satisfaction levels are higher than Porsche and BMW.
Ford has pulled the plug on a pure EV pickup, concentrating on hybrids. To my eye Tesla’s Cyber Truck looks terrible and is huge, ( check out James May’s review on YouTube )
Recent share price weakness looks like a good time to invest for the long term.
RIVN, a "Bottomfish" opportunity of a LIFETIME! MASSIVE UPSIDE! RIVN is amassing massive net buy volume this past few days / weeks. Net positive Volume has surged +64% from 28M to 46M -- conveying that buyers have started taking positions at the current price range.
RIVN is flashing a "bottomfish" opportunity of a lifetime -- seeding in early at calm waters before a massive ascend happens, which based on recent data is about to materialize soon.
Monthly data histogram is already a hinting shifting trend -- buyers are overtaking sellers for this month.
Pricewise, the shift is obvious now as price lines are oversurfacing descending ones based on monthly data. HUGE hint.
All of these technicals coincides with the company's last GREEN earning calls.
Spotted at 15.0
TAYOR
Safeguard capital always.
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FUNDAMENTAL / FINANCIAL NEWS:
Quarterly financials
MAR 2023
(USD) Mar 2023 Y/Y
Revenue 661M 595.79%
Net income -1.35B 15.32%
Diluted EPS -1.45 18.08%
Net profit margin -204.08% 87.83%
Operating income -1.43B 9.25%
Net change in cash -319M 78.03%
Cash on hand - -
Cost of revenue 1.2B 100.34%
RIVN LongBig bid is moving up from the lows hitting back from the sellers. Buyers on the weekly TF to bolster the long thesis.
RIVIAN giving highly accurate signals within this Channel Down.Rivian Automotive (RIVN) couldn't have been giving us more accurate signals since May (see charts below), as not only did we get a timely entry at the bottom (chart 1, May 17) but also sold at the very top (June 26 chart 2) of the Channel Down:
Right now we face a technical similarity with September 2023, exactly 1 year ago, where the price failed to utilize the 1D MA50 (blue trend-line) as Support and started a new long-term Bearish sequence.
However we do realize the potential long-term trend changing effect that a potential new cycle of interest rate cuts might have in two weeks, so again our trading plan will prepare for both scenarios with clear break-out signals and levels.
Obviously as long as the price remains within the 2-year Channel Down, the trend is bearish and the action will be 'sell on every high'. The Sell Signal on the September 2023 fractal was given when the 1D RSI hit the 60.00 level (red arrow, Sep 14 2023). Naturally we will wait for another such trigger to sell and Target 10.55 on the 0.5 Fibonacci retracement level, which is where last year's sell signal bottomed (October 30 2023).
If on the other hand, the price closes a 1W candle above the 1W MA100 (yellow trend-line), we will buy that clear long-term bullish break-out signal and Target 28.00 (just below Resistance 2). This could emerge as a Channel Up pattern.
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Rivian swing idea Swing idea with shares only. Rivian is a stock I like for the future EV market. I believe it is a interest rate sensitive stock and can be worth more than its currently trading at. It is currently in a longer-term bearish channel but has formed a shorter-term bullish channel (dueling channel lines). The goal is to at least get 100% return and then if you would like you can hold some for the long-term. We will not post our stop loss here.
Potential for a squeeze in RivianRivian Automotive (RIVN) Shows Signs of Potential Squeeze Amid Accumulation Phase
Rivian Automotive Inc. (NASDAQ: RIVN), the electric vehicle manufacturer, is showing intriguing signs of a potential squeeze play according to recent market data and technical analysis.
As of August 26, 2024, RIVN is trading at $13.95, near the lower end of its 52-week range of $8.26 to $24.87. However, several factors are aligning that could lead to a significant upward price movement:
1. High Short Interest: With a short interest of 12.08% and 119,324,500 shares sold short, RIVN has a considerable amount of short positions that may need to be covered if positive momentum builds.
2. Accumulation Phase: The chart indicates an "Accumulation Phase," suggesting that larger investors may be quietly building positions at current price levels.
3. Institutional Ownership: A substantial 47.4% of shares are held by institutions, which could provide stability and potential for coordinated buying pressure.
4. Analyst Optimism: Bank of America has set a 12-month price objective of $20.00, implying significant upside potential from current levels.
5. Oversold Conditions: The stock is trading well below its 52-week high, potentially setting up for a reversal if market sentiment shifts.
The combination of high short interest and signs of accumulation could create a perfect storm for a short squeeze. If positive catalysts emerge or if large institutional buyers increase their positions, it could force short sellers to cover their positions, driving the price up rapidly.
However, investors should also consider the risks. Rivian's negative EPS of -5.95 and a P/E ratio of -2.31 indicate the company is not yet profitable. The automotive industry is highly competitive, and Rivian faces challenges in scaling production and achieving profitability.
As always, thorough due diligence is essential before making any investment decisions, especially in a volatile stock with squeeze potential like RIVN
