TSuth

Rivian Update: Starting Wave 3

Long
TSuth Mis à jour   
NASDAQ:RIVN   Rivian Automotive
I posted in an update earlier that i bought 300 shares of Rivian. I think I forgot to post that I made another purchase for 150 shares @ $12.90. If we make another low, I plan on buying another 150 shares. According to the MACD though we are about to embark higher. This will be our wave i of (3) so expect a good liftoff followed by a decent retrace, and then liftoff. I expect by the time we are finished with Wave (3) we should easily be in the low $20's. Wave (5) should end around the $23-$25 range WITHOUT extensions.

If you haven't entered. maybe consider your risk tolerance. There is still a chance we break down and fall into the yellow box I have marked with turquoise labels. Thats HIGHLY HIGHLY unlikely though...but not impossible.

Bonam fortunam,
--Tyler
Transaction en cours:
Extra 450 shares bought @ 12.70

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
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.