REA Trade Idea 08/04/2026

08-04

Bullish Stock Trade Idea  

New Stock: RIVN

RIVN Last. $15.75

Up Trigger: Stock Daily Close above $17.18

    What is an Up Trigger? It is the Stock Price Level to consider entering a trade.  

    Why use an Up Trigger? The Up Trigger Level helps ensure the stock is moving in a favorable direction of our trade idea.   

Targets: 18.79,20.2

     What is a Target Level? Points of price action on the stock chart that may see the price movement pause or reverse.  

     Why use a Target Level?  These points are useful to determine when to take profits on your stock position.  

Stop Level: Falling below $15.10

      What is a Stop Level? The price level that indicates a stock’s price has reverse and may be moving our trade idea  

      Why use a Stop Level? It’s a useful risk management tool for open trades.   

If you would like to option to consider a Call Option for this RIVN idea  

Buy to open 18SEP 17 Calls for roughly $1.48 with stock above trigger. 

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