Volkswagen is considering a procurement partnership with American electric vehicle company Rivian, hoping to deepen the partnership, including shared modules and bundled purchase volumes.
ππβ‘οΈ Rivian Is Coiling for a Monster Moveβ¦ Will Traders Play the Breakout With $16 Calls or Sell $14 Puts for Stock Exposure? β‘οΈππ
$Rivian Automotive, Inc.(RIVN)$$Volkswagen AG(VLKPY)$$Ford(F)$ Iβm fully convinced $RIVN is pressing into one of its most critical inflection points since going public. The charts, the fundamentals, and the options chain all align for a probability-weighted roadmap. πβWould you play the breakout with $16 calls for convexity, or sell $14 puts for discounted stock exposure at $12.50? π Technical Compression & Setup Rivian is pressing into the top of a symmetrical wedge on the weekly chart, with multi-year Bollinger Band compression and bullish RSI divergence signaling energy buildup. The 20-month SMA has flipped to support, a strong trend change marker. $15.50
ππβ‘οΈ Rivian Is Coiling for a Monster Moveβ¦ Will Traders Play the Breakout With $16 Calls or Sell $14 Puts for Stock Exposure? β‘οΈππ
$Rivian Automotive, Inc.(RIVN)$$Volkswagen AG(VLKPY)$$Ford(F)$ Iβm fully convinced $RIVN is pressing into one of its most critical inflection points since going public. The charts, the fundamentals, and the options chain all align for a probability-weighted roadmap. πβWould you play the breakout with $16 calls for convexity, or sell $14 puts for discounted stock exposure at $12.50? π Technical Compression & Setup Rivian is pressing into the top of a symmetrical wedge on the weekly chart, with multi-year Bollinger Band compression and bullish RSI divergence signaling energy buildup. The 20-month SMA has flipped to support, a strong trend change marker. $15.50