Rivian Update--11/16

Looks to me as if all systems are ready to push forward. Since we haven't breached the previous high there is always the chance, we make another low. With the way price reacted in my box along with the structure into the target makes me believe we should start up tomorrow.

My expected path is on the chart. I left the blue fibs and the wave (ii) box in there in case we make another low y'all can have it as a reference. I'm off tomorrow and will update as able. This count is very similar to my Tesla count if y'all follow those posts. Hopefully tomorrow is good to us and we start our next move up.

Bonam Fortunam,
--Tyler

تعليق:

I do apologize but I have too much going on today to make a new post. Notice how the count is differing slightly from Tesla. I think this is telling us that Rivian will be more explosive than Tesla in the near future. Both of their patterns have an overall trend upwards though. There is always a chance this last rise up was the b wave of (ii) as it hasn't carved out a clear 5-wave move higher yet. This would mean we are about to get a c-wave down to finish (ii). Let's hope tomorrow brings good news.