Rivian Update--11/21

This will be a short update tonight. Today we fell perfectly according to the ALT count and have been carving out the final 4-5's to most likely drop to the 0.786 fib retracement @ $15.65. This is not a requirement, just a prediction. We may have even finished carving these out and head up tomorrow. If we do take off, I will make new fibs at that point and time. We made a new low on positive div today in the micros and the larger timeframes look ready to rise as well. Either way, we should be rising very soon. Rivian is running out of excuses not to lift off. That is what stocks do though, they can confuse and frustrate you to the point of forcing you to exit your pos. before the big move. For now, I remain patient and will see what happens in the next couple days.

Bonam Fortunam,
--Tyler