LevelsRivian Automotive, Inc.BATS:RIVNpaper_Trader1775From December 2024, the price been dancing in upward parallel channel. Now it is testing the middle of that channel and the 50 EMA(in purple) and 0.5 Fib level and interestly enough the 200 EMA(in orange) is near the Golden zone also. If price makes a strong move into the 14.55 the 0.382 Fib area, there is a chance of bullish action; but if price breaks below with conviction under the 50 EMA we might have a battle at the golden zone 12.97, the 200 EMA 13.10.