AT: + we are near last bottom/lower low. One could make buy transaction with low stop loss (below last low) + there was seen some accumulation and rising price with higher volume - however after such spike, price again lowered - not yet ready for up trend ? - current trend is to downside + we are on a support level and could make bounce to the next resistance: 15 usd and later 20 usd
Fundamentals: - still not profitable company + huge investment from VW + VW buying stock: article + plan to deliver all estimated vehicles in 2024 (earning for Q4Y2024 are promising) - Trump is considered as something bad for Rivian
This is what I gathered and what I'm thinking. It's really worth to risk now with small Stop Loss below last low. What do You think about it ?