Rivian Weekend Update

I'm not going to spend much time on this as I have been very clear/thorough with my expectations on what I think will happen next. It looks like we have carved out an a-b wave with a c wave to follow. The c wave should ideally complete Monday. The primary question I will have at that time is, will it be an abc to complete our A of 2 or will it be the whole ABC of 2? The answer should hopefully reveal itself early next week.

When we enter into the smaller box with a thicker border, I will start to re-accumulate at a slow pace depending on the structure. I still have 200 shares at this time and would like to pick up another 300 or so along with a big ole handful of calls. I work Monday but will try to update y'all as able/needed. Good Luck and as always, I will try to post any trades I make on here.

Bonam Fortunam,
--Tyler

Comment:

Tomorrow night I will be making an important announcement in my posts. They will be posted at my standard time.

Comment:

I would expect greater strength if this was 3 of (3). Seems like this is still corrective and would be our B wave. Time will tell

Comment:

This is either the start of 3 of (3) or we're finishing out wave v of 1 of (3). I will look more closely tonight.