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RIVN trade ideas

Rivian Update: Did we bottom yet?Today I bought another 20 calls that exp 01/24 with a strike of $25. That gives me a total of 40 calls @ $0.40cents avg price. If price makes another low, I might just buy another 10-20 calls. Today however, we hit $0.01 from the 0.786 fib retracement and proceeded to have a pretty strong retrace after that. On the 3min chart we came just shy of making a new high on MACD. Had we made that new high, I would say probability we bottomed to be high. Since we didn't, I would say there is a 50/50 shot at this time. Should we continue to raise tomorrow and make that new high then it will be a nice big indicator we're headed up. Until we get our answers, I am content with my positioning. Should price move in my favor this will be a very lucrative trade. Good Luck all!! Bonam Fortunam, --Tyler
NASDAQ:RIVN
by TSuth
20
RIVIAN hit the long-term Buy Zone. Target $21.00.Rivian Automotive (RIVN) hit the Higher Lows Zone and the 1D MACD is close to forming a Bullish Cross. This is a strong bullish combo signal but attention is needed as the price is below both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the July 27 top is a Bearish Megaphone and Tuesday's low isn't only a Higher Low on the Support Zone but also a technical Lower Low on the Megaphone's bottom. The previous Lower Low rebound formed a top on the 0.618 Fibonacci level. As a result our short-term bullish target is $21.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:RIVNLong
by TradingShot
5
Rivian Update: OML?Boxes on boxes on boxes lol. I'm sure y'all noticed that there are three boxes on this chart. I decided to leave these boxes as I have been able to refine price a couple times to a more accurate area over time. This last move up looks corrective to me and given how small micro-wave 2 was that doesn't really surprise me micro-wave 4 would be larger. We made what some would call a "triple top" right at the 0.382 fib retracement of micro-wave 3 which is a common end point for wave 4's. If I am correct and this last move up is still apart of wave v of (C) of II, then OML is on the menu. This is where the smallest box comes in. It is my most recent target and where I believe price will conclude this descent down. With-in this box is the 0.786 fib retracement of the entire wave I, 1.382 of primary (A)-(B) of wave II, and major fib confluence right in the center of the box. I didn't place it there due to the fib confluence either. The fib conf. is just another indicator that price is very likely to bottom there. There is the possibility that we have bottomed already and should move much higher soon but that has changed to my ALT count. For those that will no doubt be wondering, I am holding on to these calls as they don't expire until January of next year. If price does make a bottom in my target area, then I will buy another 20 contracts minimum as I feel it is a great buy and a potentially very lucrative position. Bonam Fortunam, --Tyler
NASDAQ:RIVN
by TSuth
9
Rivian Update: Retrace Nearly CompleteA follower had asked me to update on Rivian the other day so I figured I'd fill y'all in. Although I haven't been posting on it, I have still been tracking Rivian. We have been progressing nicely in our wave II retrace...almost too nicely. We have completed our (A)-(B) waves and carved out what appears to be waves 1-4 of our C wave (working on the 4th or 5th now). What I expect to see next is a micro-5-wave count down to around the 1.382 fib line. We could extend out to the 1.618 though so be prepared for that. The secret is in the structure. One thing I want to make you aware of is that we touched the 1.0 of the (A)-(B) wave and one could argue we have a completed structure for (C). If this is to be the case, we would want to see a HUGE jump up in a very bullish scenario to push us to high $30's - low $40's. The structure off of the $17.35 low doesn't seem bullish to me though. It's overlapping and corrective. For this reason, I believe we still have lower to go. I will post if/when I make any trades on Rivian. Bonam Fortunam, --Tyler
NASDAQ:RIVNShort
by TSuth
13
Rivian is trading in a dangerous zone - be patientHello , Although Rivian, since it deals with electric cars, is obviously a highly speculative paper. (Since everyone is looking for the next Tesla right now.) If you're thinking about buying Rivian stock, keep in mind that the red zone is a neutral level. The exchange rate moves in exactly one area, where it can move up and down by 10-20%. So it is not worth taking a position here in any way. Because it would be suicide. All important things are visible on the graph. Below the red zone, the $13 level could be a good buy zone. Above the red zone, the $38 price target looks realistic. Do not forget. This does not constitute investment advice. Do your own research before entering a position. Regards In extreme cases, we can count on new lows. But this would be triggered by very negative news that directly affects the company or the EV sector.
NASDAQ:RIVN
by XOX_XOX
Rivian Could Be Skidding LowerRivian Automotive skidded lower in August. Now, after a period of consolidation, traders may think more downside is coming. The first pattern on today’s chart is the 50-day simple moving average (SMA). RIVN initially tied to hold this intermediate-term trend in late August and early September. But it’s turned lower in the past month. Second, RIVN bounced at its 200-day SMA last week. Prices returned quickly to this point yesterday, which could suggest it’s in the process of breaking. Next is the September 25 low around $20. The electric pickup maker knifed through that level on October 5 after announcing a secondary stock offering. The shares peaked there on Tuesday. Has old support become new resistance? (This price zone also represented an approximate low in late August before the stock bounced.) Finally, MACD has been falling for most of the past month. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NASDAQ:RIVN
by TradeStation
RIVN, 10d/27.58%rising cycle 27.58% more than 10 days. ================================================================================== 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.
NASDAQ:RIVNLong
by Tonyder
1
$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.
NASDAQ:RIVNShort
by realchartchamp
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.
NASDAQ:RIVNLong
by bryandowningqln
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!!
NASDAQ:RIVNLong
by TradingBrokersView
5
+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.
NASDAQ:RIVNLong
by MiguelFTCurado
5
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.
NASDAQ:RIVNLong
by Fraggle_Rock
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). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:RIVNShort
by TradingShot
3
$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!
NASDAQ:RIVNShort
by DegenerateSatoshi
5