Rivian Automotive
Diupdate

Correction

3 917
Sharp zig zags are commont in waves 2. Most of waves 2 are deep because of the trend changing and retesting the actual lows.

Ofc , if we are corrective.
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Drawing future once again
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Hi
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Strong A or 1
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Just the update on the idea i drew 2 weeks ago. My hobby is drawing the future on charts :). I did it again <3.

Would like to see one more lower low on a macro . Perhaps 15$ per share, that would be a great deal to buy and long term hold.
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Could be shorted today...
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Hope anyone took that short on a last update...
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Still want to see one more lower low. the 5th
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Looking so good here...
Love drawing the future.

Time to long?
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Any longing now is risking and catching a falling knife.
Yellow drawn pattern of a price action is something that could make us secured that the bottom is in.

Choose wisely what will you do.
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Lower time frame where i rarely descend.
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Your daily dose ov Rivian on small time frame
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Impulsive looking thing is about to be invalidated. Back to the last stand of a potential ending diagonal . Starting to lose hope on this one.
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Smaller time frame, if we want anything up, we need 5 to complete
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The only way for me to see another low.

Can this please land already...
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Unclear ending on this wave C.
Unfortunatelly i cant see a propper ending of this pattern. Ending diagonals can truncate however. Call it an ending diag or wyckof accumulation, this could have been the bottom of RIVN. Accumulation on these areas could be good if we are going towards the macro 3.
Wonderful oportunity if you ask me.

Leaning 80% towards the fact that we bottomed
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I know that people follow this asset on my page.

Hope you guys are in it by now.

This is it... Looks like we caught the bottom
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Would be great if we have th 5th wave printed out for clarification of whats going on.

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I cant see 5...

Waiting for more future printing to recognise what is going on
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-Wouldnt want lower lows.
-Timewise it would be long for a corrective...
- It is what it is
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Adding an alternative count after a brief reexamination of a chart.

Current move is so violent that it makes me think perhaps, the whole b wave was just an expanded flat.
3 wave move is still a 3 wave move, but will it pivot now?

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