Today Rivian completed a 5 wave decline(A wave) and started what looks like an ABC retrace for the B wave. If this is the B wave it should NOT go above the 0.236 fib line @$33.75 before coming back down to make a new low below $31.72.
If price goes down below $31.72, then that means the ABC is already done and we are in our C wave of wave 2.
I will be looking to fill an order at that time. I suspect it will either be tomorrow or Monday.
IF I MAKE ANY BUY ORDERS FOR RIVIAN I WILL PLACE THEM ON MY MOST RECENT RIVIAN POST AT THAT TIME!
As always feel free to message or comment with questions.
Best luck to all,
--Tyler
If price goes down below $31.72, then that means the ABC is already done and we are in our C wave of wave 2.
I will be looking to fill an order at that time. I suspect it will either be tomorrow or Monday.
IF I MAKE ANY BUY ORDERS FOR RIVIAN I WILL PLACE THEM ON MY MOST RECENT RIVIAN POST AT THAT TIME!
As always feel free to message or comment with questions.
Best luck to all,
--Tyler
Trade active:
Placing order for 100 Rivian stocks @ 31.55. Could go lower but this is going to be part of my long term portfolio so I'm not to concerned
Comment:
Order filled @ $31.52
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler