How To: Use the RSI to find Oversold Stocks now RecoveringWith the rotation away from some of the hotter growth stocks especially in the technology space I thought I would show you one way to perhaps find stocks where they have been in a reasonably steady uptrend, but then for whatever reason sold off significantly and are now recovering.
This video shows you:
1. How to add and configure a 20 period moving average.
2. How to add and configure the Relative Strength Indicator (RSI)
3. How to setup your own columns and filters in the TradingView Screener
4. How to set up and add files to a TradingView watch list.
5. How to add and modify trade alerts.
Hope the video was useful and you might have learnt something about the TradingView functionality you can add to your own set ups and trading.
Like if you liked something :)
LCID trade ideas
The deal was closed LCID stock with a profit of 9.4% in a 2 weekAlhamdulillah , The deal was closed on LCID stock with a profit of 9.4 % in a 2 weeks.
I wish good luck to everybody.
LCIDsince the double bottom entry LCID ran up filled the gap and showed a decent profit taking level. i sold options at 54$. it retraced and now it seems to be consolidating on the 0.382 fib level. im invested long term and still accumulating. and selling calls for income to accumulate more. its possible to enter here but there is downside so i do not advise using leverage im still accumulating on spot. earnings are in march so feb it may start a run up into earnings so possibly another chance to sell options. still a hold this is a long term play. im willing to hold this for 4 years while taking passive income by selling calls and accumulating more.
$lcid 30min analysisWith a gap to fill to the upside, $LCID looks ready to visit $45 rather quickly. I will be playing the $43 level if the opportunity presents itself for a long at that price. Respect the levels.
Support: $41.00, 21 ema
Resistance: $42.00, $43.00, $45.00
$LCID acting well$LCID acting well had a big day Friday
Resistance at recent highs and all time highs
Yields rallying are a headwind to this high P/S company
$lcid After $TSLA crushed their Q4 delivery numbers, the EV sector started to heat up again. $LCID put in a higher-low at the .5 retrace ($36.93). Price is also above the 21 day ema and we are not setting up for a bullish 5-21 ema cross.
Support: $36.00
Resistance: $45.00
LCID: A Bright Spot in the DarknessLCID was a bright spot in seas of darkness. $42 is not the must hold zone for more upside.
I like it back to 48.50 and if through, a monster run back to 54.50.
Lose $35.67 and we're back down to $30.
LCID to $69?LCID had a nice break out Friday and trend moving away from the lower B-Band, seems like its heading to $69 Fib level within the coming weeks. Adding to my position here and holding. Goooooooooooo Lucid!
$LCID breakout play.LCID trading higher last Friday with no specific news. i believe is just a technical breakout.
base from the momentum indicator , buyers are still coming in. there's possibility that the
stock could continue to push up. its also sitting just above the ema line which is still good
indicator that the stock is still bullish .
day trade or scalp target play: 01 /10/22
buy above 43.35 sell at 44.35 or 45.71
buy puts below 40.10 sell at 38.56
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
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Note: My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
$LCID - Rangebound Trading Until Lockup Expiry$LCID has been rangebound within this channel for the past few weeks, forming a nice little volume shelf in the process.
You can consistently trade this range and scalp a couple of percentage points each swing.
This range may become invalidated as of the Lockup Period Expiration which occurs on January 19th.
Traders beware!
LICD great future As you see in the char
we have W confirmed
the first target is 94$ maybe extend will happen to other targets
LCIDseems there is a good support area .
Please follow and like the idea for Support and More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love :)
lucid watching the 1 hr volume is good. waiting to see if it pulls back into support.
rsi 1 hr. over sold bounces. bullish above 50%
LCID: Recapture of channelLCID: Potential for another run to upside after recapturing initial KL at 20SMA. A similar channel was observed in September 2021 after basing for over two quarters. LCID is named as one of the top EV vehicle manufacturers favored by analysts for 2022. KLs: 38.45, 42.82, 45.12, 47.64 // ATR: 3.64, Beta 1.04
$LCID Fibonacci Time results in Volatility $40⏰
Key Levels $40 + $42.50
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice.
Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.
LCID Swing Trade Idea - LongThe EV sector, as always has been hot and people are looking to make Tesla kind-of-gains, and so people are looking at alternatives / competitors.
39 -> 55 is my long, and depending on how it holds at that price level, may look to go short via put to ride a possible strong rejection at that price level.
Technicals:
-Swing low to high (fib)
-Confluence at high (volume profile and resistance)
-Fractals bullish
-About to cross 200 ema (1 hr view)
This is my first published trade idea. Please let me know what you think!
LCID Cup & Handle. Long.Here we have LCID ( Lucid Motors ) cup of coffee brewing on daily. RSI freshly crossed into bullish control zone above 50 after 2 months of downtrend and consolidation. PT $100-110.
Good luck everyone.
Lucid. Held up great actually above a ton of 1 hour resiatnce this time. Has more room to run here just needs to pop and hold 42$ as the last resiatnce on the daily ichumchi cloud converging line
LCID LUCID - Want to get his old athLucid NASDAQ:LCID appears to be in wave 5 of the elliott waves. We just bounced off a support and a trend line. Everything looks good to fetch the $ 63.
$LCID in coming days (just an anticipation ) This is the bad scenario if delivery not reaching 520 @ end of 2021.
Bullish scenario for LUCID to $50+LUCID seems to be heading for a breakout to the upside possibly around Jan 10. Recently winning car of the year and deliveries starting their is a good possibility of price heading up to recent highs. Not financial advice do your own DD yada yada.
LCIDPushing off from daily and hourly support with a breakout of a falling wedge. Expected a move to the upside.
