Not going to spend much time on this. As stated earlier, there is a chance we have already bottomed in wave (2) and have started to move higher for (3). If price breaks $15.07 it is our first big clue we likely bottomed. Breaking $15.68 confirms it. From there I expect us to hit $16.46 at a minimum. Until we start to hit those targets though, we can still continue lower towards my target box.
I will post any and all trades I make. Good luck!
Bonam Fortunam,
--Tyler
I will post any and all trades I make. Good luck!
Bonam Fortunam,
--Tyler
Note
This post is still 100% valid. I have a buy order placed for 300 shares of Rivian at $13.50/share. It may or may not fill. If it doesnt, o well. I already have a position and i can just buy more later if it doesnt. This is not telling you to join this trade. This is telling you what I think price will do, and what my plans are. Do with that what you will, but ALL choices are your own.Note
Hit the 0.618 to the cent. Awaiting conformation we have bottomed. I currently hold a position of 700 shares total at $14.15 average. My goal is to add 300 shares. Rather that be if we make a new low, or if the bottom is in on a retrace AFTER confirmation
Trade active
Added 200 shares @ $14.03. Again, trade at your own risk tolerance. Some might find it prudent to wait until confirmationNote
Was just informed by elisanascar that Rivian will be delisted from NASDAQ-100 on June 20th. Make sure you have tight stops and watch very closely if you're in this trade. Monday will most likely either start out strong to the green(wave 3 started) or a big red due to people panic selling. Point being be ready to guard your assets. I will give this a day or 2 but if it doesn't move to strong green soon I most likely will close my positionsNote
Good start so far. $14.73 is next target before a tiny retrace to the $14.40ish area. After that we head towards low $15's and hopefully confirmation.Note
Ideally we should head up from hereNote
So far so good. This is what I see as of nowNote
$15.75 confirms we're in wave 3
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Bonam Fortunam,
--Tyler
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.