Harga Saham RIVN Melonjak 10%; Akankah Saham Rivian Reli ke $28?
RIVN stock price took support near $40.00 and showed a recovery of approximately 22% in a short period of time. It formed a bullish reversal pattern and the price recovered by forming higher high candles. Rivian stock price is above the 50-day and 200-day EMA showcase the trend is in an upward direction. However, the EMA is sloping sideways indicating prices may spend some more time in a consolidation range. For the past two months, Rivian Automotive Inc. stock price has stuck in a wide range between 20.00 to $25.00. It has formed a short-term base so the downside risk is low. RIVN stock price performed well in 2023 and up by 36% on a YTD basis. It generated decent returns for the long-term investors and created hope for outperformance in 2024. Buyers of Rivian stock are preparing for another attempt to break the $25.00 hurdle. If they succeed, then prices might rally to $28.00. The buyers look more active so the probability of the breakout remains high. RIVN stock price closed the previous session at $23.69 with an intraday rise of 9.22%. The market capitalization stands at $22.46 Billion. Is RIVN Stock Price Preparing For a Rally? RIVN stock price is forming a bullish continuation pattern.









