This will be a short update tonight. Today we fell perfectly according to the ALT count and have been carving out the final 4-5's to most likely drop to the 0.786 fib retracement @ $15.65. This is not a requirement, just a prediction. We may have even finished carving these out and head up tomorrow. If we do take off, I will make new fibs at that point and time. We made a new low on positive div today in the micros and the larger timeframes look ready to rise as well. Either way, we should be rising very soon. Rivian is running out of excuses not to lift off. That is what stocks do though, they can confuse and frustrate you to the point of forcing you to exit your pos. before the big move. For now, I remain patient and will see what happens in the next couple days.
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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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.