The Final Stretch....For Now?
Rivian looks as if it is in its C wave of wave 2. Since the high of $32.60 it has been on a pretty direct path lower and appears poised to hit the 1.618 line of what I'm calling wave 1 of C. From there it should have a little bounce for wave 4 and then back down for OML for our wave 5 of C of 2. The 0.884 fib line should hopefully hold any further decline. The all time low of $19.26 is our invalidating point. I will be watching all day tomorrow and will update if anything crazy happens. Feel free to send me any questions and I'll answer best I can.
As we start our wave 5 down I will be slowly adding to my LONG term position. I will post any buys on here in another post.
💰💰Good luck to all💰💰
--Tyler
As we start our wave 5 down I will be slowly adding to my LONG term position. I will post any buys on here in another post.
💰💰Good luck to all💰💰
--Tyler
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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