The RIVN chart is starting to look good here. As you can see from the chart, we've broken out of a falling wedge. The next challenge is for price to flip the $15.27 resistance level as support and retest it.
If it can do that, then I think we can start to see a sustained uptrend. If it tests $15.27 or briefly breaks above it and rejects, then I think there's a possibility of one more retest of the lows prior to the move starting.
That said, the chart is starting to look really good over the long term. I think this has 10X+ potential over the coming years.
If it can do that, then I think we can start to see a sustained uptrend. If it tests $15.27 or briefly breaks above it and rejects, then I think there's a possibility of one more retest of the lows prior to the move starting.
That said, the chart is starting to look really good over the long term. I think this has 10X+ potential over the coming years.
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