TSuth

TSuth

Well, today we fell as I expected...however, I have to admit FOMO got ahold of me this a.m. lol. The last couple calls I have made ended $2-3 ABOVE my fib line/prediction and I didn't want to "miss out" on this opportunity. Hence buying at $175 instead of waiting for $168 like I planned on. 😅 Either way like I said in my previous post I FULLY expect Tesla to...

TSuth Updated 

Technically speaking we have what one could consider a complete 5 wave count down, and we made a new low today. Tesla very well could have bottomed...but I don't think so. I think it still has another low to give us if we are to hit closer to the 1.414 fib line of Primary Wave 4. Also, the retrace from the LOD has alot of overlap and is clearly corrective and...

TSuth

I left the box on the chart to show where we are in relation to where i thought we might end. The price points I set are based on normal end points for second waves. However, wave 2's can technically retrace 100% of wave 1 and still be a valid count. That being said the count looks complete to me and I suspect we should be on our way up for wave 3 come Monday....

TSuth Updated 

Today Rivian completed a 5 wave decline(A wave) and started what looks like an ABC retrace for the B wave. If this is the B wave it should NOT go above the 0.236 fib line @$33.75 before coming back down to make a new low below $31.72. If price goes down below $31.72, then that means the ABC is already done and we are in our C wave of wave 2. I will be looking to...

TSuth

I zoomed out and shared the 4H time chart today on Tesla to give everyone a better perspective. When I first realized Tesla was going down I didn't realize exactly how far lol. I sold my shares at $303 and sure glad I did. We're now trading in the $180's. That's almost a 50% decline in less than 2 months...... Needless to say even at these prices Tesla is a GREAT...

TSuth Updated 

Sorry it's been awhile since I posted on Rivian last. Life has me busy, and usually when I post its on Tesla, because I feel there is more money to be made there. Nonetheless I fully believe there is money to be made on Rivian long term, more so then most EV's. Since my last post rivian made a 'shaky' 5 wave structure up, and then started what appears to be a...

TSuth

Not much to add. Feel like I pretty much said it yesterday in my post. If you didn't read it check it out cause it happened exactly how I said it would. Expect a couple more small retraces before we bottom. Good luck y'all, --Tyler

TSuth

Two days ago I said Tesla could go up to $200-205 which was the 0.5-0.618 fib lines of micro wave 3. It did that today and turned right back around at $200.80. Afterwards Tesla declined in a 5 wave structure for what I believe is THE final leg down in this decline. It also correlates with the S&P set to decline tomorrow, thus i would not be surprised if it were to...

TSuth

Today Tesla made what appears to be a micro 5 wave structure down followed by a three wave structure up. Afterwards it began to drop in what I'm labeling as a microwave 3 of wave 5. This should ideally end around $175-180 for another small retrace(microwave 4) before the final low. Not much else to add at this point. Feel free to message or comment with...

TSuth

Currently the structure for subwave 4 is complete and should start a micro 5 wave count to the downside. We COULD still get OMH to around $200-205, but I don't expect that. This last decline should end I'm the box I have drawn. I suspect Tesla bottom should be around the 1.414 fib line of subwave 4 @ $169.1. This is where I plan to enter a long trade. I will post...

TSuth

I haven't posted on Rivian much lately mainly because it's in an ED pattern for awhile now. Rivian hit in my box on Wednesday for a low of $27.37. This was followed by a sharp snap back of over 18% in 1 minute.....That's the kind of reaction we expect to see from a bottom. However we won't know for sure unless price takes out $37.38 (wave 2). Our first clue will...

TSuth

Tesla is clearly in its subwave 4 of wave 5. Technically speaking it meets structural integrity to be complete, however, I feel it still has at least OMH to make before starting down for subwave 5 of 5. Until subwave 4 tops I can't give accurate price points. 👑💰Best luck to all💰👑 --Tyler

TSuth Updated 

Sorry I haven't made a post in the last couple days. I have been busy and haven't had the time. I marked on the chart our ABC correction for wave 4. Looks to me as if we started our wave 5 down, but we still need one more low to complete the pattern. You will notice there is a lot of confluence around the area I marked as a possible end point for sub-wave 1 of...

TSuth

Looks to me as if we have started our wave 5 down in this ED. I'm staying out until we bottom but I have marked a probable ending to subwave 3 where we will have a small retrace. After which we should head down for subwave 5 of wave 5. Good luck yall! ~~Tyler

TSuth

Tesla apparently had another high to give us. The structure looks complete to me and should continue heading to the downside. On the chart I marked what are the most probable ABC points. Let's see what it tells us today. 👑💰TEAMWORK MAKES THE DREAMWORK💰👑 ~Tyler

TSuth

Today Tesla made a slightly new local high in it's sub-wave 2 of wave 5. This is still a 3-wave zig-zag correction. Tomorrow should start down and continue down for our sub-wave 3. There is still a possibility to make another new local high, but it is unlikely in my opinion. As you see on the chart, Tesla came right up to the 0.236 Fib line of sub-wave 1 and...

TSuth

From the local high of $233.80 we had a 5 wave structure down for our sub-wave 1 and then a corrective retrace up to $228.85 for sub-wave 2. On monday I fully expect us to start heading down for the sub-wave 3 of wave 5. We didn't fall as far as I would have liked today, so in order for the 1.414 price point to stay intact we have to drop to around $190 before...

TSuth

If my thesis is correct then Tesla topped out in it's wave 4 @ $233.80. In the chart above I have an ABC retrace suggesting we should get OMH up to $227.01-229.60. This is not required for the count, I just think micro-wave 2 will cut more into micro-wave 1. Afterwards we should be headed down for our micro-wave 3 of sub-wave 1 of Primary Wave 5 of C Wave...what...