RIVN Rivian Recalls Its Vehicles Due to Loose Fasteners

Rivian Recalls its Vehicles Due to Loose Fasteners improperly that could cause excess wheel tilt and a potential loss of steering control.
Buying a car from a new producer that doesn`t have experience in the market like the traditional ones, comes with a lot of risk involved, like the one mentioned above. I haven`t heard F Ford Motor Company, of which i`m bullish btw, to have such issues.
I expect a retracement to at least $26.50.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

First target reached. RIVN Rivian trading at $22.30 today. looking for the 2nd PT for a double bottom.