I left the box on the chart to show where we are in relation to where i thought we might end. The price points I set are based on normal end points for second waves. However, wave 2's can technically retrace 100% of wave 1 and still be a valid count.
That being said the count looks complete to me and I suspect we should be on our way up for wave 3 come Monday.
As I told someone earlier, I plan to hold Rivian for at least 5-10 years. I may sell and buy some throught that time but 100% of what I sell will always go back into Rivian. I will also continue to accumulate Rivian at certain price points. So if price does go down a few bucks I'm not worried because I know in a few years these stock will be worth much much more.
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.