Rivian is on its way to 9.13.
RIVN Rivian is going to fall down to $9.13 fibonacci level away from this rising wedge. My fibonacci is 100% accurate if placed correctly & at the right time. This will be the minimum spot it touches! It just formed a rising wedge, a bearish chart pattern, after filling a resistance gap that will push it downwards. It has lost any bullish momentum, even if it pops a little, it will make its way down there shortly.
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.