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Is RIVN likely to continue higher? Directional Movement Crossover Bullish shows up after rising 1.56%
RIVN closed up 1.56% on Wednesday, October 29th, with volume running 0.8× below average. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 13.48, 13.25 & 13.05, with resistance at 13.91, 14.11 & 14.34. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of RIVN: D
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