RIVN Trade on Nov 17, 2021 10:44 from Thysweetplum: Tradervue User Stock Trades.

Revenge trade. But, a calculated revenge trade.

Saw this ticker was down almost 20% on the day, so I knew it had some bounce in it, because there was no significant news dragging it down 20%. Just the general market, the EV sector, profit takers, and shorts. I knew a bounce was due.

Price ended up bouncing, making HH and HL. Then the 9 EMA and 20 EMA crossed, while the RSI was above 50...all indications that a recovery was taking place.

Bought on a slight pullback, to the 9 EMA. Sold all my position at VWAP. Should have sold 75% at VWAP, and hold the rest until the resistance level, at around $153.50. Other than that, pretty solid trade.

7/10