Rivian Automotive
Viés de alta

Rivian in interesting point - up or down

468
AT:
+ we are near last bottom/lower low. One could make buy transaction with low stop loss (below last low)
+ there was seen some accumulation and rising price with higher volume
- however after such spike, price again lowered - not yet ready for up trend ?
- current trend is to downside
+ we are on a support level and could make bounce to the next resistance: 15 usd and later 20 usd

Fundamentals:
- still not profitable company
+ huge investment from VW
+ VW buying stock: article
+ plan to deliver all estimated vehicles in 2024 (earning for Q4Y2024 are promising)
- Trump is considered as something bad for Rivian

This is what I gathered and what I'm thinking. It's really worth to risk now with small Stop Loss below last low. What do You think about it ?

Aviso legal

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