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Lucid

A breakdown in Lucid very likely after 2023 Q2 Earnings Lucid's technical analysis suggests that the stock has been trading in a rangebound fashion between $7 to $8 for a considerable period of time. It did briefly reach $8, but it has consistently returned to the $7 level, indicating a support level at $7. However, recent lower delivery production numbers have resulted in high trading volume, causing the stock to decline below $7. This points out a potential breakout from the established range, with the next significant support level expected around $6. The upcoming earnings release on August 7th may be a catalyst for the stock to reach the $6 range. If the support at $6 fails to hold, it could trigger a significant decline. The Relative Strength Index (RSI) 2 is currently in the positive territory, suggesting an overbought condition that needs to cool down. Considering all these indicators, there is a possibility that Lucid may break below the $6 level in the near future
NASDAQ:LCIDLong
by adtrade21
Pure Play - Electric Vehicles LONG: TSLA NIO RIVNWhy EVXX? The electric vehicle (EV) market is growing. In 2022 14% of all new cars sold were electric, up from 9% in 2021 and less than 5% in 2020. There are more than 26 million electric cars worldwide as of 2022, 60% more than in 2021.1 EVs are a crucial part of the sustainable future but it’s not always clear which specific manufacturers will come out on top.Show less Objective The Defiance Pure Electric Vehicle ETF (the “Fund”) seeks to provide investment results, before fees and expenses, that track the performance of a basket of common shares, which are equally-weighted on a quarterly basis, of the five largest (by market capitalization) electric vehicle manufacturers (the “Underlying Securities”) included in the Solactive Pure US Electric Vehicle Index (the “Pure EV Index”).
ELong
by noam_chom
PSNY: DIVERGENCE / CALLS FOR MAY / US TOUR CATALYST / EV GROWTH DESCRIPTION: The following chart is an micro analysis based of technicals & current PSNY US TOUR that can soon prove to be a bullish catalyst for the next big bounce. POINTS: 1. Deviation between Supply & Demand Pockets remains at 1.50. 2. $3.25 is CRUCIAL SUPPORT THAT MUST HOLD. 3. Break past $4.00 threshold by April 19th is necessary for bullish case to take place. INDICATORS: In regard to indicators RSI is showing strong divergence on the 4HR Timeframe which has been indicative of a sudden bullish reaction in the past when price action has ben in a consolidating phase. An important level to watch when it comes to MACD would be -0.5 currently MACD is close to crossing over but needs to stay above to further validate play. SCENARIO #1: In a BULLISH scenario we come to see price action break past the $4.00 threshold by at least April 19th. SCENARIO #2: In a BEARISH scenario we lose CRUCIAL SUPPORT of $3.25 & see a continuation of bearish price action too $2.50. FULL CHART LINK: www.tradingview.com NASDAQ:PSNY NASDAQ:PSNYW
NASDAQ:PSNYLong
by DGSTBROKERACC
TSLA SHORT TSLA up trended well from a double bottom to close out 2022 to a head and shoulders pattern through February and is now in a downtrend. Within that downtrend, there have been some small pullbacks. The MACD indicator suggests with the lines crossing under the histogram, that a pullback will soon occur. I see this an opportunity to buy put options with mid-May expiration at a strike midway between current price and the retracement zone from the January up trend. Fundamentally, competition in China and maybe the USA with Lucid, continue to challenge Telse as does union efforts in the NY solar panel plant, the delays in Cybertruck and rising interest rates. Demand has been soft lately TSLA dropped its prices to stimulate interest and revenues could stall one way or another. This suggests the downtrend may maintain its momentum.
PYTH:TSLAShort
by AwesomeAvani
LCID Lucid Cup and Handle Short then LongFSR has formed the cup of the cup and handle pattern and is now starting the downturn formation of the handle. Price action should continue down to the 50% retracement of the uptrend of the cup. It should then reverse and trend upward to twice the height of the cup/ AO /MACD / RSI confirm the downtrend. I will target this with the $8.50 strike put options expiring 3/10 and then upon hitting the full retracement close than position and open $9.50 call options expiring 3/17. Overall, expecting 200-300% realized profit on the trades. Not at all a surprise but FSR / Fisker has the same pattern and so a similar idea.
NASDAQ:LCID
by AwesomeAvani
3
car marketso lucid is a stalon of the CAr Market with citizenship of WHO THE HELL KNOWS what: modena design for sleek, asian electical equipment to move the wheels, american heart with trading location at nasdaq, russian dupe lollicon appearance of the whole vehicle design. cars are on fire but opinions differ, razee, coal and bitter. not your ordinary CHEVY yet already and not your ordinary chrysler yet already. car worth buying, but the main is tricky as hell. so this is Lucid...
NASDAQ:LCID
by ordinary_mexican_called_jose
NIO: CHART UPDATE / RSI CYCLES / MACDIVERGENCE / FULL BREAKDOWNDESCRIPTION: In the chart above I have provided a Semi-Macro analysis of NIO. As previous chart setup became invalidated with the decline of Price Action a strong support was confirmed at 8.50 Points, the same Support that gave way to further uptrend when touched on Oct 25th 2022. Despite invalidation of past Chart Setup CYCLE ESTIMATION was fairly accurate. POINTS: 1. Deviation of 2.50 Points between Supply & Demand Channels remains the same. 2. Current Trend: Sideways Consolidation 3. Price Prediction: 13 Points by March 31st & will serve as another attempt to breaking upper level of 14.50 Points. 4. TIMEFRAME for 5th CYCLE PREDICTION was drawn out by utilizing the mean average of the past 4, RSI agrees with these cycles of Buying & Selling Pressure. IMPORTANT: RSI needs pullback & is EXTREMELY IMPORTANT Price Action holds above 9.50 Points or at the very least lingers above 9 Points in SUPPLY POCKET. RSI: RSI has completed another cycle by reaching OVERSOLD TERRITORY in the 30 RANGE & is Breaking Trend. MACD: Faster moving average on MACD has confirmed current uptrend on Price Action. Next step would be to see MACD flip & surpass Median level to the upside. (Most crucial indicator in this scenario) SCENARIO #1: In a Bullish scenario Price Action holds above 9 Points or 9.50 preferably for some consolidation & follows cycle with an eventual break of 12 Points making way for a test at 14.50 Points. SCENARIO #2: In a Bearish scenario Price Action deviates from cycle and decides to Break Down 8.50 Points which would be followed by a further continuation of next SUPPORT at 7 Points. FULL CHART LINK: www.tradingview.com NYSE:NIO
NYSE:NIOLong
by DGSTBROKERACC
1
MULN: SIMPLE SETUP FOR A SIMPLE PLAYDESCRIPTION: In the chart above I have provided a semi-macro analysis of MULN a penny stock that has seen a continuous drop since IPO after hitting record highs of roughly 1200 points but now down to penny stock territory. POINTS: 1. Deviation of 0.2000 justifies SUPLY & DEMAND POCKET PLACEMENT. 2. Symmetrical Triangle Formation 3. ONE LAST TEST OF 0.3200 CAN STILL BE IN THE WORKS & WOULD MAKE FOR A MORE STABLE SETUP. IMO: With current chart setup I would consider this stock to have great bullish momentum on the short term and should perhaps only be seen as a squeeze play rather than an investment over the long term. SCENARIO #1: In a bullish scenario price action should break 0.5500 with strong momentum to give way to a potential squeeze of price action. SCENARIO #2: In a bearish scenario if price action is to break down below 0.2500 with strong momentum this would invalidate setup and be an optimal exit. FULL CHART LINK: www.tradingview.com NASDAQ:MULN
NASDAQ:MULNLong
by DGSTBROKERACC
LUCID: MARKET MAKERS & VOLATILITYDESCRIPTION: In the chart above I have included a MACRO ANALYSIS of LUCID that focuses on RSI AND MACD behavior in past SHORT SQUEEZE scenarios along with information on current trend and supply & demand pockets. POINTS: 1. DEVIATION of 6 POINTS hence SUPPLY & DEMAND POCKETS. 2. DOWNTREND CHANNEL STILL IN PLAY UNTIL CONSOLIDATION IS CONFIRMED. RSI: When it comes to RSI notice the angle at which the last two SQUEEZES have occurred 25 & 36 DEGREES while current RSI is ANGLED at 61 DEGREES. This measure in DEGREES is important because the STEEPER the ANGLE the SHORTER THE PERIOD WILL BE THAT RSI MEDIAN WILL LINGER AT OVERBOUGHT LEVELS BEFORE RESETING & SEEING SOME COOL OFF. MACD: CRUCIAL TO POINT OUT NOTICE MACD IS CURRENTLY STILL SQUEEZING AND FAILED TO RESPOND CONFIRM CURRENT BUYING PRESSURE MEANING THERE IS STILL A LOT OF SHORTING PRESSURE. IMPORTANT: Current PRICE SQUEEZE ACTION is uncannily similar to SHORT PRICE ACTION on MAY 12 2022, when price action eventually pulled back into DOWNTREND. SCENARIO #1: In a BULLISH scenario since RSI is at OVERBOUGHT LEVELS & if price action is to head higher expect somewhat of a VOLATILE CORRECTION. SCENARIO #2: In a BEARISH scenario since MACD failed to confirm UPTREND a downward move is to be expected next possibly pushing price action down to the 10 - 4 point SUPPLY & DEMAND POCKET. FULL CHART LINK: www.tradingview.com NASDAQ:LCID
NASDAQ:LCIDShort
by DGSTBROKERACC
PSNY: MACRO ANALYSIS / REVERSAL IMMINENT? / SQUEEZE? (UPDATE)DESCRIPTION: In the chart above I have provided a SEMI-MACRO ANALYSIS of PSNY where I address Current Trend, Supply & Demand, RSI & MACD. POINTS: 1. DEVIATION stands at 1.50 Points separating given SUPPLY & DEMAND POCKETS. 2. Price Action is finally finding support above the 45 EMA (BLUE LINE) while the 200 EMA (RED LINE) looks ready to go under & CONFIRM BULLISH MOMENTUM. 3. SYMMETRICAL TRIANGLE FORMATION had a BULLISH start further confirming a BULLISH EXIT from trend. 4. RSI median is positioned near 50 similar to previous positioning before rally occurred. 5. MACD volume is staying within 0.18 & -0.18, a flatlined MACD is preferable since it would signify that buying and selling pressure is equal and preparing for a big move. 6. ESTIMATION for potential rally from current floor can be found on the right hand side. IMPORTANT: PAY CLOSE ATTENTION to VOLUME and just how dramatically dead VOLUME has been since the 27th of JUNE 2022. Can have something to do with how much of PSNY shares are traded in DARK POOLS. This can in fact work out for PSNY since a slight exposure to previous levels of VOLUME can in fact result in a BULLISH REACTION for PRICE ACTION. SCENARIO #1: In a BULLISH scenario price action would have to break past 7 points to validate setup and give way for price action to continue breathing. SCENARIO #2: In a BEARISH scenario if price action is to break below 5.50 current setup would be invalidated and give way to further downside or consolidation. FULL CHART LINK: www.tradingview.com NASDAQ:PSNY NASDAQ:PSNYW
NASDAQ:PSNYLong
by DGSTBROKERACC
NIO PENDING REVERSAL (UPDATE)DESCRIPTION: In the chart above I have provided a macro analysis update for my previous prediction for NIO. POINTS: 1. Adjusted pockets for SUPPLY & DEMAND: 1ST LEVEL = $14 - $24 & 2ND LEVEL = $33 - $43. 2. SUPPLY & DEMAND POCKETS do in fact show a common deviation of 10 points of spread. 3. Current $9.50 is serving as CRITICAL SUPPORT that is broken would invalidate entire setup. 4. If we come to see a continuation of this sideways consolidation between $9.50 & $14 price action will begin to squeeze for bullish divergence. 5. More than covered gap from early July 2020. Scenario #1: Bullish scenario can mean we see price action move into 1ST LEVEL SUPPLY & DEMAND ZONE as we invalidate bearish trend. Scenario #2: Bearish scenario can mean we break below our critical support of $9.50 and fall to $6.00. NYSE:NIO
NYSE:NIOLong
by DGSTBROKERACC
2
How LCID Share Price May Behave After Disappointed Earnings?Lucid's (LCID) share price has been moving within a narrow price range since the beginning of November (the shaded area in yellow), while LCID share has been trading with the bearish tone in general. Lucid stock is trading on both sides of the 25-day exponential moving average and below the longer-term moving averages in a negative sign on the short and medium term. Now, on the daily chart, the EMA-50 usually forms a difficult line to break, and LCID share price fails to surpass it and stabilize above it. Accordingly, the reversal of LCID share price from this line, as well as the reversal from the dynamic resistance level or the opening below the yellow price range at $13.15, this may lead us to decline towards the level of $12.20 or below towards the level of $10, levels that the price of Lucid share since 2021. On the flip side, if LCID share price was able to recover the EMA, it might lead us to the level of 15.68 50 again, while the test of the EMA-100 may be a difficult test for LCID share at the time. Fundamentally, Lucid recorded a net loss of $530 million for the third quarter of this year, and revenues of $195 million, compared to revenues of $232 million during the corresponding quarter of last year. In addition to recording earnings per share of -40 cents, compared to -43 during the corresponding quarter of last year. While the company stuck to its previous guidance of producing between 6000-7000 cars during the whole year.
NASDAQ:LCIDShort
by SamerHa
Lucid at oversold extremes.Lucid Group - 30D - We look to Buy at 13.61 (stop at 12.59) We are trading at oversold extremes. 13.25 has been pivotal. Bespoke support is located at 14.00. Support could prove difficult to breakdown. We look to buy dips. Prices have reacted from 13.53. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Our profit targets will be 16.08 and 16.98 Resistance: 16.00 / 17.50 / 19.00 Support: 14.00 / 13.25 / 12.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:LCIDLong
by Saxo
1
Lucid LCID Under The Control Of SellersLucid Group (NASDAQ: LCID) stock dropped 6.73% on Tuesday. Lucid has posted last week a nearly 40% miss in revenues alongside a 50% production cut as the company navigated a challenging second quarter. LCID stock was significantly led by the sellers during Tuesday's session, violating the upward sloping trend line. Now, $16.80 is the key support we should stay above to ensure that yesterday’s bearish setup is over and puts LCID back on a neutral outlook to test $17.90 - $18.40 resistance levels. Otherwise, a confirmed break below $16.80 will then turn LCID decidedly more bearish to test $16.20 - $15.60 support levels. It is worth mentioning that sellers had smashed the major price-based volumes area represented in $18.00 zone and a lower open today below yesterday’s close would confirm further the mentioned area’s violation.
NASDAQ:LCIDShort
by AlyaAkram
3