Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / RIVN - 'Dangerously Close' To A Market Bottom (Part 2)


RIVN - 'Dangerously Close' To A Market Bottom (Part 2)

  • Stock had a great week last week, and have rebounded smartly off their mid-June 2022 lows. Deeply oversold tech stocks have rebounded as commodity stocks sold off sharply.
  • Pessimism and fear reached fevered pitch levels and hedge fund selling, ahead of the June 15th meeting, reached April 2008 levels.
  • On June 16, 2022, Credit Suisse's technical team put out a research note showing less than 5% of S&P 500 stocks were then trading above their 50-DMA, similar to COVID lows.

For further details see:

'Dangerously Close' To A Market Bottom (Part 2)
Stock Information

Company Name: Rivian Automotive Inc.
Stock Symbol: RIVN
Market: NASDAQ
Website: rivian.com

Menu

RIVN RIVN Quote RIVN Short RIVN News RIVN Articles RIVN Message Board
Get RIVN Alerts

News, Short Squeeze, Breakout and More Instantly...