$RIVN - RC -
Added 2024-01-08 20:58:30 +0000 UTC$RIVN has gone as close as $0.22c to our 0.618 Fib level today and has bounced on the support, this is as much as we need to see for $RIVN to complete Wave 2, so it just needs to hold above this level now.
A retest and a second show of support would also be the perfect scenario here to further believe that the support is in and Wave 2 is complete and this can move higher next for our Wave 3 target at $42.....which would be incredible considering it is a 100%+ gain from here.
Remember, do not focus on dates, focus on the movement in an impulse manner.
Comments
Will watch it closely today.
Peter Mocca
2024-01-09 08:17:01 +0000 UTC
