ericflushboys

RIVN 01/20 25P

ericflushboys 업데이트됨   
NASDAQ:RIVN   Rivian Automotive
tsla and lcid, both make lows, auto industry is vulnerable during a recession. RIVN has attempts 30 levels for multiple times, i bet it will break down finally. It developed a reversed cup handle pattern on weekly chart. I took put on 11/25 around 30. However, powell speech is bullish then the price pops up to 32.75. Not a good sign
코멘트:
12/07 update
it attempted the 28 level again, lcid made a new low, tsla pop seems over. (china weak demand vs strong car supply), also many auto companies start to build evs. anyone check out bmw i7? very nice car.
my 1st target still 25.
코멘트:
reached 1st target, next target 22
TSLA push car sales before year end, cuz next year the preferential policy ends.
Elon let a chinese become TSLA ceo, another sign of slow growth of ev. The hypothesis is right, ev sector is weak.
코멘트:
reached 2nd target. next target is new low. target 19
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