Clear the air
I want to start this post out by reminding all my followers and anyone reading this...I AM NOT A PROFESSIONAL TRADER. I want to help anyone I possibly can, anyway I can, all while learning myself in the process. That being said, I do know a thing or two and didn't just start trading/analyzing yesterday. I WILL be wrong sometimes. All I can hope is that I'm right more then I am wrong.
Rivian has been frustrating as of late but if I am right in my thesis it explains why. We have already finished Wave 1 and are in Wave 2. The 0.618 fib line has been holding strong but for how long? It could very easily drop down to the 0.786 fib line or even lower. If you are like me then this could potentially be another spot to buy more stock and load up.
I also drew a square for a likely spot for Wave 3 to end should this count prove accurate. Use your best judgment and trade wisely. There are tough times ahead for sure. Question whether or not Rivian can even survive the economic storm that is about to come. They have BILLIONS on hand....but is it enough????
💰💰Good luck to all💰💰
--Tyler
Rivian has been frustrating as of late but if I am right in my thesis it explains why. We have already finished Wave 1 and are in Wave 2. The 0.618 fib line has been holding strong but for how long? It could very easily drop down to the 0.786 fib line or even lower. If you are like me then this could potentially be another spot to buy more stock and load up.
I also drew a square for a likely spot for Wave 3 to end should this count prove accurate. Use your best judgment and trade wisely. There are tough times ahead for sure. Question whether or not Rivian can even survive the economic storm that is about to come. They have BILLIONS on hand....but is it enough????
💰💰Good luck to all💰💰
--Tyler
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.