$RIVN
Added 2025-05-06 11:40:03 +0000 UTCAlso reports after the close today.
Price is at an important level right now as it tests the upper limit of this yellow line at $14 this week.
A comfortable beat on earnings and we could see a breakout next but the price must hold above $14 next on the outside of the wedge.
The targets then above are at:
- $15.31
- $22 at the 1.618 Fib and blue resistance line.
A miss from this earnings and the price can drop back down to the bottom yellow support line at $11 and this level must hold.
$RIVN beat on their previous ER, so the market will be looking for a positive trend now to show that they are moving in the right direction.
$RIVN is one of the best suited EV makers in the US right now to expand.
Comments
I am in it for the long haul, I think they are great company. if they can manage to scale up they should do well.
Mahdi Yusuf
2025-05-06 17:58:17 +0000 UTCThanks for keeping tabs cap.. this is my speculative play!!
DiegoTheSabre17
2025-05-06 13:34:02 +0000 UTCWith all the hate on TSLA last quarter.. hoping for a great quarter for RIVN
DiegoTheSabre17
2025-05-06 13:33:09 +0000 UTC
