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Rivian Automotive, Inc.
Long

$RIVN $48+ Target in Sight

285
RIVN breakout and backtest has us targeting $48+ at our next Fibonacci level. A trip from here to previous all time highs would be an 888% move to $180+. Just like TSLA, RIVN gets all the negative market price action that auto manufacturers face, but they gain the upside that tech stocks see.
criptojaco
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FibonacciWedge

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criptojaco
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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.