$Rivian Automotive (RIVN.US)$ People are worried about rollb...
People are worried about rollback of biden EV policies but rivian didn’t do well under that administration regardless of those policies. I was very bearish last week considering all the insider activity and indicators showing overbought but now my outlook is more positive considering price action on friday which showed large pool activity countering the big selloffs. This also comes at a crucial inflection point for RIVN where it can either go down to its lows and risk falling behind the EV race or start turning things around which i think is a very good sign.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment