Golden Cross Alert: Rivian Breaks Out, Even As Nio Outsells It 10-To-1
While electric vehicle investors fixate on Tesla Inc's TSLA margins, Rivian Automotive Inc. RIVN has quietly pulled off a bullish technical feat — a Golden Cross.Chart created using Benzinga ProThat's when the 50-day moving average rises above the 200-day average, often interpreted as a breakout signal. But here’s the kicker: the fundamentals haven't quite caught up.Rivian stock is currently trading at 15.78), 20-day (12.79) and 200-day ($12.47) moving ...