Munny Tree Trade Alert: 6/12/24

TIME SENSITIVE: Sell for Gains

New Sell Alert

We are selling one of our positions today to capturing large gains. We haven’t sold yet but have placed a limit order at a set price so that once it hits that price the position will close. See the details below:

Ticker: RIVN

  • Name: Rivian Automotive

  • Sell Price Range: $12.50 Limit Order.

  • Profit/Loss:  19.0% Gain

  • Why We are Selling: RIVN has gone up quite a bit and at nearly 20% gains we want to capture those before the Fed meeting. It’s possible we are leaving some gains on the table (depending on what Powell says) but also possible this falls considerably as well as RIVN is very sensitive to interest rates