Rivian is not a good short-term buy despite a recent surge on partnership news, due to its significant losses and history of selling off.
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WARNING: Market Is Testing A Critical Support!!!
Apr 15, 2026
The market is testing critical support levels amidst geopolitical uncertainty and concerns about inflation impacting interest rates. While intraday trading opportunities exist, the creator advises caution for swing trades due to the unpredictable nature of market movements. The creator highlights Rivian's recent surge due to a potential Uber partnership but remains bearish on the stock in the short term due to its financial performance and history of selling off.
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The Nasdaq ETF (QQQ) is consolidating and holding above 586, indicating strong support, though further downside is possible.
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