rivn stock next move ?rivn farming corection of itys 3rd leg it can go up from given area and then go long down all move mentioned in the chart .. good luck
RIVN trade ideas
RIVN, 10d/27.58%rising cycle 27.58% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
$RIVNNot Financial advice.
NASDAQ:RIVN Inside a broadening formation. filling the gap on the green and possible heading lower if breaks resistance at yellow line a new low will be in!
Be cautious. #like and #subscribe
$RIVN possible heads & shouldersNot financial advise!!
NASDAQ:RIVN possible head and shoulders on the making left shoulder and head complete now we will see if right shoulder forms!
# NASDAQ:RIVN #like and #subscribe
thanks!
If you think the markets are a scamWell you're right, but that shouldn't prevent you from just doing what they doing, no matter how irrational that outcome might seem. there are people out there with enough money and supply to move the charts live binance does, and they do it. -23% in a day. really a disgrace.
$RIVN's Key Buy Levels After 20%+ Intraday DeclineNEWS
Rivian Automotive Inc's made the decision to issue $1.5 billion worth of convertible green bonds.Here's a breakdown of what's happening:
Share Price Drop: Rivian's stock price plummeted by over 20% on the day of the announcement. It's the most significant daily percentage decline for the company's shares since May of the previous year.
Convertible Green Bonds: The company announced its intention to issue $1.5 billion in convertible green bonds. Convertible bonds are debt securities that can be converted into a company's stock under specific conditions. Being labeled as "green" means the funds raised from these bonds are earmarked for environmentally friendly or climate-focused projects.
Purpose of the Bonds: Rivian intends to use the proceeds from the bond sale to support the launch of its R2 sports utility vehicle in Georgia. By doing so, they aim to "de-risk" this vehicle's launch, implying they're using the funds to mitigate potential financial challenges or uncertainties associated with this launch.
Not the First Time: This isn't Rivian's first foray into green bonds. The company issued a $1.3 billion convertible green bond in March of the same year to support another vehicle family launch.
Market Reaction and Analysis: Elliot Johnson from Evolve ETFs commented that the decision to raise funds came earlier than what the market expected. While Rivian's earnings matched expectations, and they are on course with vehicle shipments, the early fundraising and potential dilution of shares from the convertible bonds might concern investors. Rivian, still seen by some as a speculative business, is raising capital ahead of anticipated timelines, which could be perceived as a sign of cash flow challenges or other unexpected expenses.
Rivian's Performance and Cash Position: Rivian, competing in the electric vehicle market against giants like Tesla, has been investing heavily to boost production. Despite these investments, they have posted positive production and delivery numbers. They've forecasted substantial revenue growth and, as of the end of September, held $9.1 billion in cash reserves, albeit down from $10.2 billion a few months earlier. The CEO had previously indicated that the company's available funds were sufficient to sustain operations till 2025 while controlling costs.
TECHNICAL ANALYSIS
The news went public when RIVN was sitting at the white resistance line, and RIVN has already suffered a 20%+ decline today. I believe that the bleeding has just started, and there are two key price levels where RIVN could potentially bottom out over the next few weeks. The first is the orange support level, and the second is the yellow support zone. I believe that RIVN will have a strong rebound once this bottoms out, and will continue to give updates when a buy opportunity is presented. There is a Ichimoku cloud of resistance that is suppressing RIVN's price at current price levels, the RSI has a lot of room to drop, and this bearish news has caused RIVN to lose support at the midrange of the Bollinger Band. The EMA ribbon is also acting as a zone of resistance that is suppressing RIVN's price.
RIVN - Weekly Supply rejection 👀📉NASDAQ:RIVN
Daily printed shooting star on high volume after rejecting weekly supply zone. Also rejected high volume node. Massive volume gap below. Expecting a huge sell off as long as stays below 28 level targeting 16/15 support zone.
Analyzing RIVN's Outperformance Over TSLA Amidst Cash BurnToday, I would like to draw your attention to an intriguing market trend that has caught the attention of many investors - the outperformance of RIVN stock compared to TSLA, despite RIVN's ongoing cash burn. While this phenomenon may raise eyebrows, it is essential to approach it with a cautious and analytical mindset. Let's delve into the reasons behind this unexpected market behavior and explore why some investors are considering a long position on RIVN.
1. Dissecting RIVN's Outperformance:
a) Market Sentiment: Investors are drawn to RIVN's potential as a disruptor in the EV industry, which has fueled a positive market sentiment.
b) Growth Prospects: RIVN's innovative technologies, such as its autonomous driving capabilities and unique battery technology, have garnered attention for their potential to revolutionize the EV market.
c) Competitive Advantage: RIVN's focus on the luxury EV segment, along with its strong brand image, has positioned the company as a formidable competitor to TSLA.
1. Understanding RIVN's Cash Burn
2. A Cautious Call-to-Action
a) In-depth Research: Dive into RIVN's financial reports, growth projections, and competitive landscape to gain a comprehensive understanding of the company's position.
b) Risk Assessment: Evaluate the risks associated with RIVN's cash burn and weigh them against the potential rewards of its growth prospects.
c) Diversification: Ensure that any investment in RIVN aligns with your overall investment strategy and risk tolerance. Diversify your portfolio to mitigate potential risks.
d) Expert Opinions: Seek insights from trusted financial advisors or industry experts who can provide informed opinions on RIVN's prospects.
In conclusion, RIVN's outperformance over TSLA, despite its cash burn, has sparked interest among investors. However, it is vital to approach this opportunity with caution and conduct thorough research before making any investment decisions.
Remember, the stock market is inherently unpredictable, and it is crucial to make informed choices based on a well-rounded analysis of the available information.
RIVIAN This channel can lead it to $32Rivian closed the week over the MA50 (1d) and since it held both the MA200 (1d) and Support (1) intact, has most likely invalidated the scenario of Lower Lows.
We may see a 4-6 upward consolidation first as last March-May, before a new yearly High.
Trading Plan:
1. Buy on the opening price.
Targets:
1. 32.00 (Fibonacci Channel 3.0 extension).
Tips:
1. The RSI (1d) crossed over its Falling Resistance. A strong sign of accumulated bullish momentum.
Please like, follow and comment!!
+42% Rivian Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company founded in 2009. Rivian is building an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. An electric delivery van is also being built as part of a partnership with Amazon. Rivian started deliveries of its R1T pickup truck in late 2021. The company plans to build an exclusive charging network in the United States and Canada by the end of 2023.
Rivian is based in Irvine, California, with its manufacturing plant in Normal, Illinois, and other facilities in Palo Alto, California; Carson, California; Plymouth, Michigan; Vancouver, British Columbia; Wittmann, Arizona; and Woking, England. Additionally, Rivian has plans to build another US$5 billion factory in Georgia.
The company raised over US$13.5 billion in financing following its IPO in November 2021.
RIVN bull and bearBull Case:
the 100 EMA was our resistance this time last year
we broke through 100 EMA in June
we bounced off the 100 EMA as support in August
Bear Case:
the current downward channel we are
the gap at 17.00
In my opinion my original post is going to be correct. I think we bounce off the 100 ema again, and the gap doesn't come in to play for another 6-8 months. I expect further selling the next 1-3 days before there is a significant squeeze that puts us above 25 by October 20.
Just my two cents.
RIVIAN Confirmed sell signal after Higher Lows break-out.Rivian Automotive (RIVN) broke yesterday below the Higher Lows 1 trend-line, which was supporting since the June 27 Low. With a clear rejection on the 1D MA50 (blue trend-line) the day before, this bearish break-out may create a Channel Down that could target the Higher Lows 2 trend-line. Until then, we have the critical 1D MA200 (orange trend-line) Support to consider. As a result, following also the completion of a 1D MACD Bearish Cross yesterday, we are bearish now, targeting $18.50 (1D MA200).
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Rivn, buy nowresistance, resistance, resistance, break resistance, bounce off support (artist formerly known as resistance)
$RIVN Getting ready for a HTF move to $15-$16
Global liquidity is trending down
Bearish RSI divergence on AMEX:SPY and NASDAQ:QQQ
NASDAQ:RIVN like practically all EV stocks and Tech stocks are over-extended from MA's
Daily TD 8 Count
$27.16 may have been the HOY. If not, I'm expecting for big money to push price up to $28 before we see a steep pullback or reversal. NASDAQ:RIVN has not tested the daily 50, 100, or 200 in a long time. The daily 9-EMA has been holding every test recently. Will look for break of the daily 9-EMA for confirmation.
I've dabbled in options. Might look for some December puts and short an equity position for intraday moves.
Remember, we want to lose on the idea, not the execution. Make sure to look for entries near levels you can risk against.
Good luck!
Rivian Projected price target +50NASDAQ:RIVN is poised to see robust SUV sales. It's undeniably the most sought-after SUV in today's market, distinguished by its striking aesthetics akin to a Range Rover, coupled with cutting-edge technology. When it comes to software, it ranks second only to @Tesla. Crucially for @Rivian, it doesn't directly compete with NASDAQ:TSLA 's #cybertruck and boasts a more profitable production model than the R1T.
The chart analysis is straightforward, and it appears that the price has already found support at the bottom.
Its time for $RIVN to make a move i really would like to see NASDAQ:RIVN at 19 just so i can buy more shares but i really feel like they will push to 25 27 this week or back to 19. Really nice bullish set up
Rivian going bullish🔟💹Rivian ( NASDAQ:RIVN ) could be going bullish, An rsi divergence occurred in the 1D timeframe and also we're already acting on a support zone.
Take profit is at around $24.
NASDAQ:RIVN
Rivian Stock IdeaRivian is currently in a bull trend I believe. I like seeing the last few months of bullish momentum and I am excited to see what the fall might bring for this stock. In the video, I discuss some key important things to pay attention in terms of public news shared by the company's CEO
RIVN weekly breakdownRIVN settled this week after a much awaited sell off from the local top put in during the last tech bull run. Stochastic has turned over signaling a retreat from being oversold. Indicators are pointing to RIVN having more downside to fill in the gaps created on the last bull run. Id like to see a retest of this weeks high before grabbing puts, but any breakdown from this weeks low and we will see the gaps get filled.
RIVN, buy nowEMA 100, light blue line was resistance this time last year, rejected 4 times. we broke this resistance in june. we're now bouncing off it in august. buckle up
Bullish For Potential Short Term UpsideAfter good earnings last week and a small consolidation, reaching $20.22 low today and maintaining above the 100 EMA, I decided to go long for a swing.
My position is at $20.86, looking bullish for a 10% upside while potentially reaching to the 50 EMA, 200 EMA, and 20 EMA.
Another potential upside is to go even higher to 28%, reaching the higher resistance level. Though I don't feel too comfortable about it as there is no strong enough support and resistance area above the 10% upside area I'm looking for. If you feel different and found something else I'd love to learn and discuss it.
I have a stop loss at $18.93. Will update you further on the outcome.
Long ideea RivianRivian had good earnings.
Nice consolidation on a down trend looking for a rejection of 19.61 and 21.15 for a possible reversal to 28.00
Fibonacci Trading And Price Action RIVNEstablish a Fibonacci price cluster with important resistance.
Set up price clusters for a clear buy, stop loss, take profit point. I will add Fibonacci timing to see the possibility at which point the price could touch the set point.
You should enter an order with a suitable volume for your account, and leave your stop loss at least the breakeven point.
