LCID looking bullishLCID looks bullish imo
Patterns and indicators look good
Just my opinion not financial advise
LCID trade ideas
Lucid short Looks like Wave 4 of Overall 3rd Wave. We are currently in C of ABC. Looks like a regular flat and looking for about 44-45$ by November 29th-30th. So should bottom early next week and begin wave 5 of overall 3. Price target is 73-75$ to end overall 3.
Wait and keep Watching2 possibilities for the current correction 1. abcde triangle, in that case the next reversal would be around $44. 2. abc, where we might see $40 as the low. Need to wait before entering a new trade
Support & Resistance Zones Mapped!LCID had a nice run. The Bears have rejected the upward momentum twice but LCID is still looking strong based on the S/R zones shown. Do you think it will pump through the current resistance or will it dump below the diagonal support shown? I think it will touch the diagonal support but after that, I'm not too sure. A great EV company overall, so let's see how it plays out.
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This is not financial advice.
a correction is very possible scenario here!🍿hello traders lets take a look at LCID chart today!
currently in this strong trend channel, but every party must come to a end at some point.
on this smaller 4hr timeframe we can see lower highs while we approach trendline support! once that breaks theres not much support left.
on the bigger timeframe we can see another lower high! bulls couldnt push for the all time high breakout.
price targets are 40.65/30.06/19.47
goodluck! like and follow for more💘
LCID short ideaI have been following $LCID for a while now and I think I spotted the top of this bull run. The elliot wave count is done at the extended fifth wave (I removed the minor waves of the extension cuz the graph looked messy). In addition to the count, there is a bearish divergence on the RSI in the daily chart. Second wave usually retraces 61.8% so that is where my PT is. Good luck in your trades.
$LCID | WEEKLY WATCHLIST 11/22Although we got a strong bounce towards the end of last week, still a bit skeptical going long. We are either still correcting in wave 4 (my preferred count) or starting wave 5 (confirmation is break over $57.75). Still needs time to develop imo.
11/21/21 LCIDLucid Group, Inc. ( NASDAQ:LCID )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $55.21
Breakout price trigger: $57.50
Buy Zone (Top/Bottom Range): $52.50-$47.90
Price Target: $64.70-$66.00
Estimated Duration to Target: 17-21d
Contract of Interest: $LCID 12/17/21 60c, $LCID 12/17/21 65c
Trade price as of publish date: $5.80/contract, $4.50/contract
Lucid DreamsKeeping it Simple, just following my chart. A key area is that yellow circle to the bearish side. So Far looks bullish.
$LCID Lucid Motors TA - Upcoming Week$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 $42/s
FUNDEMENTALS:
- We typically do not do any FA here, but very important to note that right now stock futures are -200pnts as I write this.
LCID94$ PT on LCID if it can continue strong and break above it's past highs.
LCID and TSLA should remain strong along with names like FSR , F , XPEV
Not too confident on NIO yet.
#LUCID Cup and Handle formation $71 #lucid long term Cup and Handle pattern prepping for long term target of $71 followed by $99.
20-11-21 UPDATE LCID 21.1% GAIN FROM BUYING AREA
I think price will correct again between 49.21 - 47.15
it will be another chance to buy more ..
LCID 15 minDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
Lucid- a little late to the partythese are two scenarios I see playing out maybe a short term dip, but ultimately testing the general trendline in the longer term.
Thats it for now i will be doing my homework on this stonk
$LCID $50 C 11/26 *SWING*$LCID +$50 C 11/26 *SWING*
will be holding this position for a few days
Price targets: $50, $51
Technical Analysis:
Break over hourly supply
C = calls
17k open interest on LCID $50 C 11/26 C
23k open interest on LCID $51 11/26 C
Support & Resistance level for Lucid and Rivian..!Rivian and Lucid have entered the deflationary phase!
I believe Rivian could move toward 95 and cross below this level, and soon we see Lucid below 40!
Review the past few analyses could be interesting:
RIVN:
LCID:
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
LCID Rebound too 60$Lots of sell off. looking like a recovery too 60$ before the week is over good luck traders trade safe
higher lows continue, bulls hold the control!📈LCID continues to make higher lows and bounce of this trendline support! if we continue this pattern i expect a rally to 62-70+ in the near future.
if it breaks below support we can see test of 35-40 if possible as well, so dont forget this quote "no one ever went broke by taking profits"
price targets are 55.8/61.27 ! like and follow for more💘
This could be the last day for Lucid as well!Lucid experienced a 258% gain in 54 days! reached the highest closed price and got dumped in the past 2 hours!
I think closing today could be a safe bet or increasing trailing stop loss to 52..!
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
