amac
413 posts


@amactraderz See they are just playing a game. Touch $15 and that’s where it bounce out
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$RIVN
Cantor Fitzgerald raised its price target $19

MoreGainzs@moregainzs
$RIVN Rivian: Needham maintained its Buy rating and $23 price target. The firm noted that R2 production is transitioning from development to manufacturing as saleable production begins and customer deliveries approach. Early indicators on vehicle readiness and customer reception support confidence in Rivian’s ability to expand beyond its existing customer base.
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@moregainzs Ok good luck four upgrades today and a double beat crazy day
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@amactraderz Market makers have the floor set at $15, trying to see how it reacts to it. Might get a bounce around that range.

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@amactraderz Nope, I said it has to close the day below my stop loss.
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@KevinMelnuk Been holding onto this stock for way too long unfortunately
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$RIVN #RIVN Stuck below the IPO VWAP still. Will become very interested once price breaks above.

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R2 production officially started last week in Normal. Customer deliveries are coming in weeks. Plus a $1B VW check landed today, Georgia got a 50% capacity bump, and Q1 deliveries hit 10,365. Big quarter for Rivian. My breakdown:
riviantrackr.com/news/r2-rolls-…
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@amactraderz RJ’s comments should be good on the call. R2 demand is strong. That’s why they are doing 50% more R2 out of Georgia first.
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@KevinMelnuk @Jake__Wujastyk I totally agree. I don’t know why it’s getting held down so hard.
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@amactraderz @Jake__Wujastyk Honestly RIVN should be $25 at this point with everything they have cooking. Let's keep it going with more R2 news and their other execution .
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$RIVN #RIVN Volume shelf setup on the weekly candle chart.
EV's may be ready to heat up from high gas prices.

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@amactraderz @Jake__Wujastyk Looking at RIVN options volume expiring this week. Around 100,000 contracts when typically we see 20,000.
Not sure why that is but options seem way more than typical.
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