kstrizzle001

RIVN - Time to Back up the Truck?

Panjang
NASDAQ:RIVN   Rivian Automotive
RIVN - as someone who lives on the west coast, I have seen these trucks up close, and I can honestly say they are breathtaking from every angle. But how does that influence price? It doesn't, lol... but if today's low holds, then RIVN is setting up for a potential push higher as outlined in the chart. Today's daily candle closure is a bullish harami combo - which can lower before going higher to confirm a bullish reversal. A daily close over this previous red candle will confirm this bullish intent. Will update this thesis once a path becomes more clear, but the beginnings are there. GLTA!

Penafian

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