Good Upside Potential for RIVNReally like RIVN for upside at this level. Several rejections at this price as well as .618 golden zone to bounce off of. Will be watching $15 calls
RIVN trade ideas
Rivian Automotive, Inc. Bottoming out?
In ideal world - why not plan like this blue impulse in RIVN to 30s. RSI hints that the trendline is already broken, and Double Bottom scenario might play out as well. Wave (2) dark green now may deliver good, but not easy entries. Invalidation as of the time being is quite far though - lower 9,85. In fact it’s higher, lower than 12, as, if it is really wave 3.1 we have seen, then it will be out of character for 3.2 go lower than golden fib correction on 3.1. That delivers better RR, though conceding on applying hard rule (bottom of w3.1).
RIVN - LongRivian is showing a nice descending triangle and it is currently floating just below the breakout line... Could be a strong one in 2025.
RIVIAN LOOKS PRIMED! 120% UpsideNASDAQ:RIVN
Is it finally time for Rivian to break out of the multi-year downtrend?
-Falling wedge
-Symmetrical triangle
-Inverse H&S
-Williams CB formed
-H5 is GREEN
TRADE once we get B/O
Breakout: $16
SL: $9.52
Targets: $28/ $36
Risk/Reward ratio: 3
Not financial advice
RIVN Descending Triangle Pattern - Key Levels!The 30-minute chart for RIVN highlights a potential descending triangle breakout, signaling a possible trend reversal:
Entry: $13.14 (yellow line - breakout level).
Stop Loss (SL): $12.78 (white line - key support).
Target 1 (T1): $13.58 (red line - first resistance).
Target 2 (T2): $14.22 (green line - major resistance).
The price is attempting to break out of the descending triangle with increasing momentum. Monitor for confirmation at $13.14.
#RIVN #StockMarket #TradingSetup #TechnicalAnalysis #NASDAQ
Rivian Crosses $15: Can it Reach the $18.86 High?Rivian showed a strong rebound after forming a higher low at $13.23, violating the previous peak of $15.00 during yesterday’s session. A confirmed breakout above the critical resistance at $15.00 by sustained trading above $15.00 in today’s session will confirm the current uptrend, triggering further rises near 15.85 - 16.45 - 17.05 - 17.56 - 18.86 in the short-term.
The stop-loss lies below 13.23$.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
$RIVN 15 DOLLARS AFTER EARNINGS ? NASDAQ:RIVN 15 DOLLARS AFTER EARNINGS ?
Rivian Automotive has confirmed that its next quarterly earnings report will be published on Tuesday, May 7th, 20241.
The earnings conference call is scheduled for 5:00 PM Eastern on the same day1.
Stock Price Movement:
As of now, Rivian’s stock price stands at $9.21 per share1.
The stock has been volatile, and investors are closely watching its performance.
Market Expectations
While Rivian has faced challenges, including supply chain disruptions and production delays, the market remains optimistic about its long-term prospects. The company’s plans to expand its fast-charging network and its innovative electric truck and SUV models have garnered attention.
Keep an eye on Rivian’s stock price after the earnings report. If the company delivers positive surprises, we might see movement toward your mentioned target of $15 per share. However, stock prices are influenced by various factors, so it’s essential to stay informed.
Rivian breaking out of a long term downtrend channel.Rivian just broke out of a years long downtrend channel. With curling momentum and Money Flow, this is a strong sign of a reversal. Great value play.
Rivian Automotive, Inc. (RIVN) (NASDAQ Market)Rivian Automotive, Inc. (RIVN) (NASDAQ Market)
We are in up trend in wave B or wave 1.
Regards,
Rivian Automative Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Rivian Automative Inc.
- Double Formation
* 25.50 USD | A+ Set Up | Subdivision 1
* 14.50 USD | Retracement Not Numbered
- Triple Formation
* ABC Flat Correction | Pennant Continuation | Subdivision 2
* Top / Bottom Structure | (Neckline) | Subdivision 3
* Daily Time Frame Configuration
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
RIVN NEOWAVE ANALYSIS (DAILY)Experimental analysis with the intention to follow back later on as I am still learning
I thought I'd share this as it seems interesting, given its low probability.
The lines represent a projected path and do not represent time
The pattern forms a neutral triangle.
Wave C is the largest, potentially 138% to 161.8% of wave A.
In this scenario, wave C concludes at 138%, provided my calculations are correct.
Any movement above wave C would invalidate this pattern.
I anticipate a significant sell-off to begin shortly for this to be accurate.
Let's see how this goes
RIVN Breakout: Targeting $15!RIVN has broken out of a symmetrical triangle pattern, signaling bullish momentum. Entry near $13.98 with a target of $15 and a stop loss at $13.37 for a favorable risk-reward setup. Monitoring volume for confirmation.
RIVN Breakout: Targeting $15!RIVN has broken out of a symmetrical triangle pattern, signaling bullish momentum. Entry near $13.98 with a target of $15 and a stop loss at $13.37 for a favorable risk-reward setup. Monitoring volume for confirmation.
Is the trend changing for Rivian?NASDAQ:RIVN 's stock price, which has dropped by nearly 80% since September 2022, has started to move upward again in November 2024 with renewed demand.
The possibility of retesting the trendline formed during the 2022-2024 period has strengthened with the demand seen in the past month.
If this upward movement continues, the initial price target could be $19. Should the trend persist, price movements could extend to $28 and even $41.
$RIVN Falling Wedge / Broadening BottomReal nice look on the weekly higher low here.
We've broken out of the wedge here, but there is a secondary supply line / creek, that we need to push thru and see a sign of strength come in.
This would be achieved with a 1.618 extension and a retest of the neckline here, where you could typically expect a partial decline of sorts or a checkback before breaking out of the range.
Targets at 30, 40, 70 and ultimately the upper supply zone into 130+. This is a weekly chart, and price rarely travels in a straight line. This could take some patience, but this is how it begins.
$RIVN Pop or Drop Time ( Santa Target $20 )Ho Ho Hoes, are the TradingView Algo's n Mods.
This chart has a delayed NASDAQ:TSLA vibe to it. Clear down trend resistance line, upside break with volume and you can "long this LOOONG TIME" (1/20/25)
Don't ignore rejection possibility, but with the double bottom in the picture as well, bullish lean seems logical #shortterm
- Possiblies
$RIVN - What do you think?NASDAQ:RIVN A breakout from that descending wedge could send the stock to the $19 area.
What do you think? Can it break out, or will it face rejection?
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
Rivian - Where is this truck running to? 100%+ Upside PotentialChart #29/ 40: NASDAQ:RIVN 🔋🛻
-Falling Wedge needs to breakout at $16
-H5 Indicator needs to flip to Green
-Williams Consolidation Box needs to break -80 and then create support for form the consolidation box.
-AVP Shelf to launch off with volume GAPs
🎯$28📏$36⏳ Before 2026
NFA
$RIVN: OUTLOOK NASDAQ:RIVN : OUTLOOK
Expecting a big UP MOVE tomorrow toward liquidity targets! 📈
Why?
1️⃣ $5.8B deal with Volkswagen
2️⃣ Lawsuits to be dismissed by December
3️⃣ $6.6B loan approval
With these, NASDAQ:RIVN is primed for growth. $20-25 per share looks possible!
👉 LIKE & FOLLOW for more updates!
$RIVN NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning
The pattern is a symmetrical
A Symmetrical is a 9-legged formation and almost all waves are similar in time
The ongoing rally suggests that wave f has not yet concluded and is likely to end once we observe a move faster than the strongest counter trend wave within wave f itself.
Once wave f is complete, we will proceed downward towards wave g.
RIVIAN Is this EV maker dead??Rivian is bearish on its 1D technical outlook (RSI = 42.757, MACD = -0.170, ADX = 26.255) as it is extendint today yesterday's massive rejection on the 1D MA200. The long term pattern is a Channel Down and we are on the latest bearish wave and about to form a 1D MACD Bearish Cross. The two previous bearish waves of the pattern reached the 1.618 and 2.0 Fibonacci extension respectively, so a progressive lower low is identified there potentially. In any event, we expect at least the 2.0 Fibonacci level to be tested (TP = 8.65).
See how our prior idea has worked out:
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RIVN HTF RUN TO $44NASDAQ:RIVN looks a lot like NASDAQ:COIN did last year. HTF bull div on 1M coming out of oversold.
Think this is a long term hold, but even a 1yr tf should be fruitful. Not to mention, I love their trucks. Cool design, cool tech. gud car.
