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Rivn trade recap

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NASDAQ:RIVN   Rivian Automotive
I bought Rivn at the trend line while Spy and Qqq were at a major support. The risk to reward for Rivn is about 5-1 and with spy and Qqq at support i was even more confident in this play. I also decided to get shares instead of option contracts because the Iv on contracts where extremely high. After Rivn shot up 4 percent after I got in, I moved my stop loss to .5% in the green so if Rivn did come back down it would still be in profit.
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