RIVN bull and bear

Bull Case:
the 100 EMA was our resistance this time last year
we broke through 100 EMA in June
we bounced off the 100 EMA as support in August

Bear Case:
the current downward channel we are
the gap at 17.00

In my opinion my original post is going to be correct. I think we bounce off the 100 ema again, and the gap doesn't come in to play for another 6-8 months. I expect further selling the next 1-3 days before there is a significant squeeze that puts us above 25 by October 20.

Just my two cents.
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