Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
$RIVN - Coiling Tighter
Rivian Automotive
Short
$RIVN - Coiling Tighter
By FluxTrades
Follow
Follow
Jan 9, 2022
2
2
2
Jan 9, 2022
Over the past couple of days,
RIVN
has started forming a symmetrical triangle on the 15 minute chart.
As price coils tighter, the likelihood for an explosive move increases. Will keep this one on the watchlist.
With the sharp selloff among growth stocks into value, it's likely that this name will break to the downside.
breakout
Chart Patterns
Pennant
swing
swingsetup
swingtrade
swingtrading
Symmetrical Triangle
Triangle
trianglebreak
trianglepattren
FluxTrades
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.