Rivian AutomotiveUpdated Forecast for Rivian
This is my first post and I am still a novice. Any differing ideas please let me know. You can't learn without being challenged. Hopefully this helps someone out there.
Wave 1 and 2 are clearly visible here. Knowing the length of Wave 1 helps us to determine/predict where Wave 3 will end.
$24.62 is the 1.618 Fib line of Wave 1. This would be a good place to take a long position for a Wave 4 retrace.
Wave 1 and 2 are clearly visible here. Knowing the length of Wave 1 helps us to determine/predict where Wave 3 will end.
$24.62 is the 1.618 Fib line of Wave 1. This would be a good place to take a long position for a Wave 4 retrace.
Note
For arguments sake, we could be in a Wave 5 headed up to $43.07-$44.43(the 1.272-1.414 Fib lines of what would be a Wave 4). Only time will tell. Good luck to everyone!!
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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
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.