RIVN trade ideas
Rivn NASDAQ:RIVN as of this moment is playing ABC couple of days ago, it was actually trying to make an head and shoulder, but if it breaks the neck, then we look in it down, but if it didn’t, it might head back higher
RivnNASDAQ:RIVN this the bigger picture I look at from older post also you can check for Rivn post how supposed reverse head and shoulders ending dangle or double bottom
Rivin NASDAQ:RIVN today was amazing I bought some for next week I will added more on Monday and Tuesday Wednesday market should be up or Tuesday I will update you
If you guys like my post, I like I’m still learning
rivn is ready to fly i think we reach the low of rivn it's only a metter of time to see rivn to fly at least to 40 $
first higher higher on daily it's will be a good position a med term and a long term
this is only an analyse do your home work !!!
Rivin NASDAQ:RIVN I could be wring but it looks like abc I top box and bottom box tomorrow or Monday will be more clear
Rivian UpdateToday Rivian fell $0.19 cents below the 0.786 retracement fib and ended $0.01 cent above the 1.382 extension. Thankfully the 1.382 held up at least for now, and the price action we're seeing off of that bottom looks promising. We bottomed on positive divergence, had a strong raise higher thus far (almost 5%), and structure is looking good for that move higher. Breaching the 1.0 @ $11.07 is a good first sign and then a breach of the 0.618 @ $11.63 bodes very well for this move up to be getting started. Should that be the (B) bottom, then we should raise to the 1.0 @ $14.30 at a minimum with the possibility of extending all the way to the 1.618 which is another very common end point for C waves. That means price would be raising anywhere from 36%-64% from the 10.53 bottom. These are the trades I like to take. My stop is $0.49 cents away with a potential upside of $3-$5.
With how hard many tickers fell today it would make sense to get a retrace of some magnitude starting tomorrow. Tesla appears to need at least a slight retrace too. That doesn't mean Rivian will rise higher starting tomorrow, but it wouldn't hurt Rivian's price action that's for sure.
RIVN inside the channel. AAPL buying RIVN?Why nobody else seeing this? RIVN is inside the channel and testing the bottom of the channel. It happened couple weeks ago, same scenario. It looks like it may retest it again around $9.5 before heading back up.
The market cap fell significantly and the RSI remains low so makes me think that we do one more retest of the lower channel and we go back up. Immediate target is around $15. Long term target $50.
Remember, not financial advise. Do your own due diligence. Just sharing my idea for RIVN.
Last point, could APPLE potentially buy RIVN? Is that why we dropped so much before the big news?
Rivian NASDAQ:RIVN I have new update just got home It looks like we need to go down for wave 4 to complete then it should head for wave 5 let’s see what tomorrow brings good luck
How to Trade RIVIAN $RIVNPer EW, this is in wave4 consolidation wave, fell till exactly high of wave1, If this follows EW, then this should take reversal from here onwards to 15.6.
Another analysis with trendline support can come at 11.3 and then rise again towards atleast 13.68
FYI, i took few at 11.8 with a Stoploss at 11.28
Ravin NASDAQ:RIVN we have two possibilities either it’s an impulsive and we are in wave four of a correction to heads back up or we head down to retracement between 11.54 to 11.19 As of this moment just made his third wave of c back up is the move up it is wave 4 of c and is heading down back into a small box with the blue labeled as five of C if it stopped over there in that ratios, it will heads up then he should be this is wave 4 and will head back up to wave five
But to be honest with you, it looks like correction for Wave 4 also, could be wrong and that have completed an ABC wave and will try to head back down
RivnNASDAQ:RIVN today was good day but still made 3 wave and 4 wave now will make 5 I put small boxes for you to see
Rivian Introduces Affordable R2 SUV and R3 CrossoversRivian ( NASDAQ:RIVN ), the innovative electric vehicle (EV) maker, unveils its latest offerings - the smaller and more affordable "R2" SUVs and "R3" crossovers, signaling a strategic shift in response to changing market dynamics within the EV industry.
Key Highlights:
- Rivian's ( NASDAQ:RIVN ) introduction of the R2 SUVs, priced at $45,000, aims to address the slowdown in EV demand exacerbated by high interest rates.
- The decision to produce the R2 at Rivian's existing facility in Illinois reflects a strategic pivot to ensure timely deliveries by 2026 while reducing capital expenditure and mitigating launch risks.
- Rivian anticipates saving over $2.25 billion through this decision, reaffirming its commitment to fiscal prudence and operational efficiency.
- The R2, a five-seater variant offering over 300 miles of range, is poised to play a pivotal role in Rivian's success amidst intensifying competition in the EV market.
Challenges and Opportunities:
Rivian ( NASDAQ:RIVN ) acknowledges the hurdles in ramping up production and stimulating demand beyond early adopters, particularly in the SUV and pickup segment. The unveiling of the R3 crossover and its more potent variant, R3X, underscores Rivian's proactive approach to diversifying its product lineup and appealing to a broader customer base. With SUVs and crossovers gaining traction in the U.S., Rivian's strategic focus on affordability and versatility positions it to capitalize on evolving consumer preferences and foster widespread EV adoption.
Future Outlook:
Rivian's foray into the mid-priced EV market signifies a pivotal moment in its growth trajectory, signaling its commitment to democratizing electric mobility. As Rivian ( NASDAQ:RIVN ) navigates the complexities of production scalability and market penetration, its ability to offer compelling EV solutions at scale will be instrumental in reshaping the automotive landscape.
Conclusion:
Rivian's ( NASDAQ:RIVN ) unveiling of the R2 SUVs and R3 crossovers marks a significant milestone in its quest to redefine the EV market. By prioritizing affordability, adaptability, and innovation, Rivian ( NASDAQ:RIVN ) demonstrates its unwavering commitment to driving sustainable mobility and shaping the future of transportation.
RIVIAN RE-ACCUMULATIONHello fellow traders, Now I am looking for a good opportunity on $rivian stocks,
This looks good and almost done its processed, looking down below atleast 12.9$ a share.
First tap might see 40$ in the coming months or more.
This is not a financial advice.
Trade it or own it.
Follow for more swing trades.
rivian short win-3/4/2024saw a good entry at 0.58 a contract sold at 0.79 wish i got my limit order filled at 0.89
RivnNASDAQ:RIVN updated on Rivn 15 min I see as of now is doing corrective abc of 4 I put small box on the bottom 5 of last wave down then will start heading back up
Back to the stone age.Since the supposed impulse (from what i've thought it was) failed,
this would be the only alternative that i can see on RIVN.
RIP up until the next significant bounce... (Motive wave...)
Rivian is struggling. Trade idea for 27/02/2024Electric car manufacturer Rivian Automotive Inc. reported financial results for Q4 2023, according to which the loss per share amounted to 1.36 USD and the company's revenue reached 1.31 billion USD.
Analysts had expected a loss of 1.35 USD per share, which led to a decline in quotes. Rivian expects vehicle deliveries in Q1 2024 to be around 10-15% lower than in Q4 2023. The company must also lay off 10% of its full-time employees.
However, Rivian has an agreement with AT&T Inc. for the pilot supply of SUVs and vans. Therefore, the issuer has the prospect of increasing revenue above current expectations.
Given these circumstances, we have chosen to examine the Rivian Automotive, Inc. (NASDAQ: RIVN) stock chart.
On the D1 timeframe, support has formed at 10.06, with resistance at 16.55. Quotes hit a historical low since the company's IPO. Conditions have appeared for corrective growth and a return to the boundaries of the 12-20 channel.
Furthermore, quotes are expected to remain within the side channel. A breakout of its upper limit may become possible after news about Rivian's sales growth or a strong Q1 2024 report.
On the H1 timeframe, a rebound from the 10.06 level could set a short-term target for a price increase at 14.56, while in the medium term, it could hover around 19.57.
Also, we cannot rule out a decrease to around 9. In this case, the targets mentioned above remain the same but have more significant potential for recovery growth.
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Rivian ($RIVN) Rebounds From Record Low In Premarket MoveShares of Rivian Automotive, Inc. ( NASDAQ:RIVN ) rose in premarket trading on Monday after the battering they received last week in the aftermath of the electric vehicle startup's quarterly report.
The stock plummeted by about 38% in the week ended Feb. 23 and closed at a record low after the company announced 2024 deliveries guidance that fell notably below Street expectations. Following the earnings, sell-side analysts lowered their forward estimates for the company and, as an extension, their price targets for the stock.
Rivian Inc. ( NASDAQ:RIVN ) also suffered downgrades in the hands of JPMorgan, UBS and Truist Securities. JP Morgan downgraded the stock from Neutral to Underweight and reduced its price target from $20 to $11.
UBS downgraded the stock from Buy to Sell and lowered the price target from $24 to $28.
Truist cut its rating on the stock from Buy to Hold and took down the price target from $26 to $11.
Monday's rebound could be because the sell-off may have been overdone. Following last week's dismal stock performance, Tesla investor Gary Black defended the company. He flagged the company's likelihood of emerging as a credible number two to Tesla by 2030.
The company has a key catalyst in the near term as the Irvine, California-based company gears up to launch its second-gen R2 low-priced EV on Mar. 7.
For a reversal, the stock should fill the gap formed when it gapped down following the quarterly results and go past a key resistance around the $16 area. The stock is currently in oversold territory, going by its relative strength index.
In premarket trading, Rivian ( NASDAQ:RIVN ) rose 1.09% to $10.18 and suddenly plummeted by about 2%.
RIVN guides itself lower- but is it a dip buy? SHORTRIVN spends more to produce of its nice truck than it sells them for. This is a recipe for a
disaster which is now baking in the oven Earnings have plummeted. If guidance was better
than realities forecast there might be a dip buy here. i have a variety of positions shorting
RIVN when it runs a countertrend correction I will take a hedging long position until the
correction is over. I use these shorts to balance my portfolio against risk from an overall
falling market. Balanced in short vs long positions dollar for dollar and in the options
balanced in expiration times spread across the next almost two years. I find this keeps
the portfolio safe. I also look to LCID for a similar scenario while having a bullish bias on
WKHS. NKLA is a whole 'nother story. SHORT RIVN do not dip buy .
The chart is what you might expect. The disaster is what it is. This is basically a falling wedge
and no where near impending a breakout upside.
Rivian - RIVN - long positionDear traders,
Id like to share this idea in order to take long positions.
9- 11$ is is a good price range to look for buying opportunities.
Please note that it is already in 10$ quite psicological level it might start consolidating.
Additionally RSI is clearly oversold and prices already went down quite aggressive.
best,
