$14.5-$15 Target ZONE!!!
If you follow along with me then you know I bought some more Rivian when it was about $12.6. I didn't buy as much as I would have liked because this high wasn't expected. However, given the price movements I took another look at Rivian, and it appears I was one degree off. This means we are almost done with this wave iv and are about to embark higher in our wave v. Marked on the graph is a box for the target of our next wave.
After this wave (1) is done we should still head lower to the 12.25ish area for our retrace. As I have said before, the higher this price moves the higher the retracement will be. Be patient if you haven't bought in as another good entry will present itself.
Bonam Fortunam,
--Tyler
After this wave (1) is done we should still head lower to the 12.25ish area for our retrace. As I have said before, the higher this price moves the higher the retracement will be. Be patient if you haven't bought in as another good entry will present itself.
Bonam Fortunam,
--Tyler
Note
Just want to mention we hit right in my target box .01 cents from my line and began to breakdown. I bet we still get OMH before falling, maybe in the after markets? If not then tomorrow a.m and then I will sell. I'll post an update later tonight with the plan for tomorrow.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Related publications
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.
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
Related publications
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.