A Dark Cloud Looms Over Rivian: What the “Death Cross” Means for Investors
Rivian Automotive’s stock faces a “Death Cross,” where the 50-day SMA falls below the 200-day SMA, indicating potential prolonged downturns. Currently, Rivian’s stock is down nearly 18% year to date, trading at $10.74, below key moving averages, suggesting continued downward pressure. The
