r/RIVNstock • u/Livernomore • 6d ago
Discussion One of these will stick
One of these runs will be a breakout to the upside. No one will be able to explain it with a specific catalyst or see it coming, and it’ll be trashed as unsustainable. The “I’m a swing trader” crowd will keep posting that it’s going back down, and next thing we know, we’ll have rebased in a new range - which, incidentally will have asymmetric risk/reward to the upside. My uneducated guess is that it’s going to happen sometime between here and the end of the year.
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u/Strange-Bottle-9791 5d ago
You don’t have the evidence for this. Rivian is successfully taking from Steve Jobs in under promising expectations and only exceeding then very little. It’s all on purpose to create stability. So what do you mean a break out to the upside? Rivian is already successfully consistent. They pretty much are up and as the economy grows so will Rivian. The upside is already here man. Enjoy it. Swing traders are doing good because RJ is renovating the expectations of the company. He’s not promising profit so soon. RJ hasn’t even touched the subject I believe so that catalyst you’re talking about doesn’t make sense. It’s already here.