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Rivian Update: Where to Next

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NASDAQ:RIVN   Rivian Automotive
Rivian didn't get as big of a jump today as I would have liked. It seemed choppy and slow. On the chart I have my ALT count as well as my primary. I think both counts have an equal chance of coming true. However, for now I will stick with my primary analysis. Given our weakness and the rest of the market set for a retrace starting tomorrow or Friday at the latest, it would not surprise me if the ALT prevails. The chart pretty much speaks for itself, I expect a slight pullback for 2, followed by a STRONG move up for 3 of iii of ((i)).

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Bonam Fortunam,
--Tyler
Yorum:
Looks like wave 3 might be starting
Yorum:
Made it to the target box. OMH needed for this wave ((i)) to be complete

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Bonam Fortunam,
--Tyler
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