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Rivian Stock Just Surged Above Its Key Support Levels. Should You Chase the Rally Here?
Yahoo Finance· 2026-02-17 14:59
Rivian Automotive (RIVN) shares closed more than 25% higher on Friday after the electric vehicle (EV) maker’s better-than-expected Q4 helped it record its first annual gross profit. RIVN pushed past all of its major moving averages (50-day, 100-day, 200-day) as investors reacted to its $1.29 billion quarterly revenue signaling the bullish momentum will sustain in the near term. More News from Barchart Despite the post-earnings rally, Rivian stock remains down roughly 20% versus its December high. Still ...