Rivian Update: Starting Wave 3

12 May 2023

I posted in an update earlier that i bought 300 shares of Rivian. I think I forgot to post that I made another purchase for 150 shares @ $12.90. If we make another low, I plan on buying another 150 shares. According to the MACD though we are about to embark higher. This will be our wave i of (3) so expect a good liftoff followed by a decent retrace, and then liftoff. I expect by the time we are finished with Wave (3) we should easily be in the low $20's. Wave (5) should end around the $23-$25 range WITHOUT extensions.

If you haven't entered. maybe consider your risk tolerance. There is still a chance we break down and fall into the yellow box I have marked with turquoise labels. Thats HIGHLY HIGHLY unlikely though...but not impossible.

Bonam fortunam,
--Tyler

15 May 2023

İşlem aktif

Extra 450 shares bought @ 12.70