Rivian Projected price target +50

RIVN is poised to see robust SUV sales. It's undeniably the most sought-after SUV in today's market, distinguished by its striking aesthetics akin to a Range Rover, coupled with cutting-edge technology. When it comes to software, it ranks second only to @Tesla. Crucially for rivian, it doesn't directly compete with TSLA's #cybertruck and boasts a more profitable production model than the R1T.

The chart analysis is straightforward, and it appears that the price has already found support at the bottom.