I choose to go short for two reasons, first reason is the IPO always hype and ends falling to its correct levels. Reason 2 is smart money is involved and they see this as an oppertunitie to make smart money simple as that. this is a very risky trade and I dont have any education at all. Lets go!
Compare the market cap of Rivian at $125B vs Polestar at $15B. Now google search Rivian and Polestar. Rivian EVs look worse then their IPO evaluation! Granted they do have Polestar beat with their T-shirt revenue. Jokes aside, I think Polestar is in for some more hype before this run is over. The chart shows GGPI filling out nicely at these levels and looks like...
High odds daily buy zone for RIVN. We are seeing a nice pullback to this daily area of demand on RIVN, it is a decent buying opportunity for a trade with a stop loss below the zone, or a good place to buy if you think this company will do good long term
Yesterday I published my analysis and mentioned we are 1-3 days away from the bubble blast! and we see the price is -22% today! I think it would be unrealistic to think about prices higher than 180, but moving toward 100 and below could be the more possible scenario! DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an...
$RIVN Rivian Motors Technical Analysis Although $RIVN has had an IPO in the past few weeks without much data to do a technical analysis, but we are already seeing patterns. TAKE AWAY: - Rivian Motors has broken the ATH Resistance line and it now became the support line as shown on the chart. - The Analysis shows us the stock has massive potential of Up...
It may sound crazy but Rivian is 5th largest automaker in the world ..! Above Daimler, General Motors, and Ford..! I may know nothing about cars and Ev makers, But I know what a bubble looks like! Rivian:125 Billion The Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds...
Rivian is worth over $100 billion at the time of this writing. That's a lot of money. BTW, they don't generate any revenue. Actually in their press releases they write that on any given quarter, they expect to generate $0 – $1 million in revenue. But never over $1 million. No more than $1 million. From my research and understanding they are the first pre-revenue...
Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility. The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly drive...