Rivian Automotive

RIVN shows significant upside potential.

542
The 10s have shown resilience, holding firmly at current levels, and a potential break above the previous neckline and trendline could indicate a move toward the 12s and 15s, setting up a promising path toward a longer-term target of 22. This upward momentum would likely confirm renewed buying interest and a shift in trend. However, caution is warranted, as a break below the 10 level might shift the outlook, potentially signaling a decline toward the 8s, with the 6s also in sight as lower support levels. This range highlights both the upside potential and the key risk points to monitor.

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