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Lucid

LCID: Watch for a possible reversal pattern!Hello traders and investors! Let’s analyze LCID today! I’ve been analyzing during my videos on YouTube, but this is the first time I write about it here on TradingView. I hope you’ll find something useful. First, in the 1h chart, LCID is clearly in a bear trend. We have a series of lower highs/lows, and the 21 ema is above the price, pointing down, potentially working as a resistance today, as it couldn’t break it during the first hour. In order for LCID to reverse, we must see it breaking the 21 ema, and doing a bullish structure, preferably, a higher high from here, followed by a higher low. What’s more, if LCID is about to reverse, now is a good time. We don’t see any confirmation yet, but we are just above a support level, which is better seen from the daily chart: Yesterday, we had a very strong bullish candlestick, with decent volume, just above the $ 39.27, the previous support level. The only problem here is the 21 ema again, which is also working as a resistance. It is worth to notice that the 21 ema in the daily chart is almost at the same price seen in the 1h chart, something not that common to happen, making it a dual-resistance in different time-frames. This candlestick pattern alone might be a buy sign for many, as the risk/reward ratio is making sense, in my view. I just prefer to see a better bullish structure in the 1h chart first. Let’s see how it’ll play next. If you liked this analysis, remember to follow me to keep in touch with my daily updates on stocks and indices! Have a good day.
NASDAQ:LCID
by Nathan_The_Finance_Hydra
11
$lcid #stock #short under investigation by #sec to 50DMA to $36said it received a subpoena from the Securities and Exchange Commission related to the deal that took the electric-vehicle company public this summer. The Newark, Calif., startup is the latest electric-vehicle maker to draw the scrutiny of federal regulators, which comes as the SEC is taking a harder look at the optimistic revenue projections used by young businesses that have merged with special-purpose acquisition companies, or SPACs. The burgeoning electric-vehicle industry has caught the attention of investors, but also federal regulators, with several of them the subject of investigations. In March, Lordstown Motors Corp. said it was cooperating with the SEC to provide information it requested. In September lcid has the same #market cap with f ford. it is crazy… #ucidmotors is a bubble right now.. It will reach at least $36 the 50dma … short position and here except dwac
NASDAQ:LCIDShort
by Hephaestus_Trading_Desk
2
$LCID Lucid Motors TA - Upcoming Week$LCID Lucid Motors TA and what to expect in upcoming week: RECAP: - We can see that Lucid Motors has broken the Resistance line and reversed from the $58/s range. - Stock after correction bounced at the $42/s range and rose back to $55/s range last week. - There was an RSI Divergence followed by a large price correction. - REMEMBER always look out for RSI Divergencies. - If you follow me I will always lay out the RSI Divergencies when I see them and publish it right away. NOTES: - IMPORTANT: Keep an eye on the $50 level range, as it is very important: -- IF the stock bounces off the $50 level range, it will up-trend towards $58-$60/s range. -- IF the stock BREAKS the $50 level range it will down-trend towards the next bounce at the $42/s FUNDEMENTALS: - We typically do not do any FA here, but very important to note that right now stock futures are -200pnts as I write this.
NASDAQ:LCID
by MARKETLYTICAL
3
Cup and Handle on LCID (Lucid) to play out? Scenario 1 - Biggest thing to note is the cup and handle playing out on the larger timeframe. This is a more likely scenario bc it could utilize the .382 retracement. Although historically an ultimate rejection and retracement after a huge bull run gave us the .75 retrace. This would be scenario 2, a retrace to the blue fan line. This is an ultimate reversal indication. The green arrow is not drawn in time scale. This is the handle of the cup (possibly) in scenario 1. A retrace to the .75 would be a possible buy zone to me unless the reason for retrace was extreme bad news for the company and it was obvious capitulation. In scenario 2 a bounce off the lower 30s with confirmation would be a possible buy zone as well. Or scenario 3 this thing just rips and rips. If that then I scratch all this and move on for now. Please critique me!
NASDAQ:LCIDLong
by OccamsPhazer
1
LCID, very likely, would continue to rise until 52.04helo dear investors As long as it is above the green line (level which tells the story (21.93) LCID is to be bought, it seems that the level 37.58 (level 0.5 fibo) is broken with force, so LCID, very likely, would continue to rise until 52.04. Note that a good coincidence has occurred in this fibo and rectangle retracement, it is that the probable amplitude equals the same price of the red rectangle resistance and the 0.236 level of fibonacci (target 2). i wish have reason but as we said it upto the market to decide if we will have it or no. NB: a good signal had accured 28 oct 2021 that break out very strong (big buyer volume) and LCID is above the historical line
NASDAQ:LCIDLong
by HASSOUNI-trading
8
$LCID UP TREND TO $48/S$LCID Lucid Motors Up Trend Analysis BREAK DOWN: - As we see here LCID has bounced off the support line and is in up trend momentum. - Despite seeing few RSI Divergence as shown on the graph followed by price correction, the stock is heading towards $48 - IF $LCID breaks the resistance line IT WILL CONTINUE upwards. The resistance line will now become new SUPPORT line. KEEP AN EYE: - On any RSI Divergence followed by price corrections to buy the stock at lower price - The stock will break the Resistance line and continue up trend.
NASDAQ:LCIDLong
by MARKETLYTICAL