Rivian Automotive, Inc.
Short
Aggiornato

RIVN guides itself lower- but is it a dip buy? SHORT

471
RIVN spends more to produce of its nice truck than it sells them for. This is a recipe for a

disaster which is now baking in the oven Earnings have plummeted. If guidance was better

than realities forecast there might be a dip buy here. i have a variety of positions shorting

RIVN when it runs a countertrend correction I will take a hedging long position until the

correction is over. I use these shorts to balance my portfolio against risk from an overall

falling market. Balanced in short vs long positions dollar for dollar and in the options

balanced in expiration times spread across the next almost two years. I find this keeps

the portfolio safe. I also look to LCID for a similar scenario while having a bullish bias on

WKHS. NKLA is a whole 'nother story. SHORT RIVN do not dip buy .

The chart is what you might expect. The disaster is what it is. This is basically a falling wedge

and no where near impending a breakout upside.
Trade attivo
Price falls in the pre-market Zoom in view istantanea
Trade attivo
Full position in the tight consolidation of the weekend Moving forward partial
profit vs addition to the position planned in the chart zoom here:

istantanea

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