TSuth

TSuth

Today Rivian finally gave us some clarity. To me it appears to be going up in its wave 3. I mean, we had an 11.06% jump today, id call that pretty strong. Judging from the beginning of this wave it will extend but time will tell for sure. Either way I'm holding onto my Rivian for a long time unless something HUGE changes. I marked on the chart where we can expect...

TSuth

Tesla came into our target box yesterday towards end of day. I was really hoping it would drop to at least the 0.5 fib line of subwave 1 where I had placed a buy order. Unfortunately Tesla had other plans and as you saw clearly was ready to start subwave 3. I left the box for subwave 2 on the graph so yall can still see the possibility this had of dropping...

TSuth Updated 

Today gave us OMH which extends our sub-wave 1 timeframe to 6 days. Today we started what I believe is our sub-wave 2 and marked on the graph is the ideal place wave 2's end. I will be watching this very closely as I want to buy in more towards the bottom of this retrace. The key will be watching for when the count/structure is complete. We already have a 5 wave...

TSuth

This latest retrace has been overlapping almost the whole time. This leads me to still believe we are in our i-ii of 3. If this is to maintain tomorrow needs to start moving higher...and with strength. 💰💰Good luck to all💰💰 ~~Tyler

TSuth

I stated in my last post that Tesla had a high chance of starting our subwave 2 today and having a red day. It did just that. Due to post/pre market the numbers are a little off. We opened the day @ $185.16 and closed @ $182.92. That itself isn't to bad but at one point in the day Tesla was down 2.7%. Now if I'm right, this means we had our micro-wave 1 and...

TSuth

Rivian always seems to be a more complex chart. I'm assuming it is due to the fact the "crowd" isn't as big as say, the S&P, and therefore EWT is more difficult to apply. In any case, my count is still valid as the chart stands. We didn't come down as far in subwave 2 as I expected but that just means sub-wave 4 should be "steeper" than normal as waves 2 & 4...

TSuth

As I have been stating since 15 Nov our bottom would be around the $168 area. It hit LESS THAN $2 under that target and turned around for a 5 wave impulse to the upside. IF I am correct we are about to have a bull run on Tesla. The real question is, "Is this another retrace or the start of a new bull trend"?? Today was very telling but we're not out of the woods...

TSuth

The stated title are very good questions. The market is particularly volatile right now due to traders fighting on if the beginning of Super Cycle Wave 4 started vs Cycle Wave 5 starting. Times such as these are why it is very important to use stops with your trades. Positions can be evaporated overnight if not careful. Counts WILL become invalidated and you nor...

TSuth

Wave 5 may be extending to the down side. Stop loss set at $162.5. Be careful out there everyone. Market is acting suspicious 🤔

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...