Rivian AutomotiveUpdated New count/theory?
With all this chop and "messiness" I wanted to revisit my overall thesis on Rivian. I have drawn on the chart a fib line from our bottom of $19.26 to our local high of $40.86.
The main problem I have with this count is that would mean we started of in a leading diagnol. But...it is perfectly valid. It would also explain the choppiness we have had since that 40.86 high. If this is the case we should be nearing an end for the wave and should start heading up soon. 🤞🤞🤞
Food for thought. Time will reveal everything.
💰💰Good luck to all💰💰
--Tyler
The main problem I have with this count is that would mean we started of in a leading diagnol. But...it is perfectly valid. It would also explain the choppiness we have had since that 40.86 high. If this is the case we should be nearing an end for the wave and should start heading up soon. 🤞🤞🤞
Food for thought. Time will reveal everything.
💰💰Good luck to all💰💰
--Tyler
Note
Previous count officially invalidated
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.
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.