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EV maker Rivian (RIVN) rallied to a 52-week higher as it takes the wheel in the A.I. race as an attempt to compete its greatest competitor, Lucid (LCID). Rick Ducat uses technical analysis to compare Rivian' to peers that include Lucid, XPeng Inc. (XPEV), and Tesla (TSLA). As for Rivian's stock chart, Rick points to an approaching apex as options activity heightens.

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