Rivian swing idea

1 Sep

Swing idea with shares only. Rivian is a stock I like for the future EV market. I believe it is a interest rate sensitive stock and can be worth more than its currently trading at. It is currently in a longer-term bearish channel but has formed a shorter-term bullish channel (dueling channel lines). The goal is to at least get 100% return and then if you would like you can hold some for the long-term. We will not post our stop loss here.