Trade: RIVN — May 9th, 2022
May 9, 2022
- The RIVN lock period expired today and there were a plethora of sellers throughout the day after a brief spike at the open.
- We took a short trade after it showed a weakness.
- The risk was placed at the technical level, previous high.
- The trade didn’t reach it’s target, and we had to close it at the close.
- +1.68R.
