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Rivian Automotive
Long
Updated

Rivian Update--11/28

1 590
Today we hit a little over the 0.382 and then dropped for the micro wave 2. Then started to raise towards the 1.0 for micro 3. I would ideally like to see us hit the 1.0, drop to the 0.786 for micro wave 4 then back up around the 1.382 to finish the larger wave 3. Tesla appears to finally be moving higher. Let's hope it drags Rivian along with it to kick start its run.

I work the next 2 days but will update as able. Good luck!

Bonam Fortunam,
--Tyler
Note
This is what I'm seeing as of now.
snapshot
Note
So far I like what I see. I drew another trend line and as you see it held as a support along with the 0.382. If this is 3 of iii, I expect our next target to be in the low $19 area before wave 4 starts.
snapshot

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