I’ve always liked Rivian, and I’ve been mentioning its nascent bottoming pattern here and on tastylive frequently. It has finally completed and is zipping higher.

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I’ve always liked Rivian, and I’ve been mentioning its nascent bottoming pattern here and on tastylive frequently. It has finally completed and is zipping higher.

Welcome to the second half of 2023. If my self-confidence and excitement were measured by way of the VIX, it would probably be at 3.12 right now. Take that for what you will. Pre-market, on this holiday-shortened trading day, the /ES has been slumbering around all night and day in a tiny ten point range.
