Looks like we've finished sub-wave 2 and are about to make our journey down for sub-wave 3. The third wave is most commonly the strongest and longest lasting wave, and we're about to enter sub-wave 3 of Wave 3...
$25.71-$24.50 are my next price targets. After that Rivian should rally for a sub-wave 4 up to the $26.90-$28.47 area. S&P should bottom tomorrow or Thursday(I hope) at the latest so I'm not sure if or how much that'll affect Rivians targets.
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Bonam Fortunam,
--Tyler
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