bull div on the weekly.we will continue to move up through the moving averages. i think 11 is a good target, after that who knows. honestly i think rivian is a more popular choice.
LCID trade ideas
Lucid Group Inc. (NASDAQ:$LCID) Are the Bulls Tired?After its efforts to boost sales NASDAQ:LCID seems to be Bullish. However, the 200-day Moving average is trading above the 50-day moving average.
There is no clear cut to which NASDAQ:LCID will move to but the bears are willing to takeover from the bulls.
The Bears have been pushing the share price lower, and the stock still appears to have downward momentum. This is a negative sign for the stock's future value.
#LCID reversal time and price gates #LCID reversal time and price gates determined using Time series and Price Gates Forecasting Indicator.
Lucid Lucid probabke somthing like that would play out , wolf pattern , that will mark the bottom
This is not a financial advice.
Thank you
LCID - Lucid Long positionI have been following this stock for a while due to someone losing a lot of money on it.
This descending triangle has been catching my eyes. With the recent news with Riyadh Airline, I would confirm that LCID may see a potential growth for next while.
Even though the targets are far away, I am keeping this posted as a proof to this friend :).
if you make banks from this stock, remember to reach out :D
It reminds me of Tesla early beginningsLucid has been majority-owned by Public Investment Fund, the sovereign wealth fund of Saudi Arabia.
PIF, which owns more than 60% of the company, has agreed to buy 265.7 million shares in a private placement for about $1.8 billion, Lucid said.
Though it burned through around $3.6 billion over the past 12 months, Lucid still has almost $5 billion of cash and similar investments.
$LCID: Has 5 seen enough?Lucid just saw a tremendous break of the very important 5 level and I believe it may persist given the economic backdrop and higher yields. We will keep a look out for a bottom, if there is one as the company is seeing tremendous financial pressure...
Don't Talk To Me About... LUCID UNTIL..I only want to hear about LCID once it breaks this trenline... this company keeps getting MILKED and anyone who invested ever after IPO is under water... what a shame. Once this trendline break then I will consider a long and yes 100% with a stop-loss.
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This is not financial advice. This is for educational purposes only.
LCID Lucid Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LCID Lucid Group prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Puts with
an expiration date of 2023-11-17,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Lucid has probably finished correcting. Time for upsideI personally think we are done with this bearish move on LUCID. We have some much liquidity built to the upside and we have everything cleared from below. I think its time to turn around and squeeze some shorts
LCID - potential rebound?Swing and banker still holding.
Possible for intraday and retailer enter the market?
Market maker will tell us soon.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
lcidrading is hard and it’s not something you can expect to get good at overnight. So if you’re serious about becoming a master of making money on the markets, you’re going to need some top-level schooling.
LUCID Possible Long PositionI think we can go up from here, momentum seems to be shifting and we may have a local double bottom. I think targeting the higher volume node and 200ma might not be a bad idea, use your own risk assessment to match your own objectives. Not financial advice!
LCID | Bearish continuation - little hope for bullish reversalBULLISH INDICATOR (Sep 07)
1. No sign of bullish reversal in near future.
2. A strong support channel present between 5.49 and 6.09.
3. If bullish divergence would be seen and price breaks out of the Falling Wedge pattern, in upward direction then there might be hope for bullish move/recovery.
BEARISH INDICATOR (Sep 07)
1. A sequence of LLs, LHs and negative momentum is expected.
2. A solid bearish trend line is obvious on its charts.
3. Two chart patterns are visible:
a. Falling Wedge (Reversal Pattern). If any bullish divergence would show up then this reversal pattern could play and LCID could move in bullish direction.
b. Descending Triangle (Bilateral Pattern). In the absence of bullish divergence bearish wedge is further expected.
c. Price can break in both directions. For bullish move, company needs to show YoY revenue, positive cash flows and improving net profits.
4. Price action is below 200-EMA and positions must be liquidated.
PREDICTIONS
1. Stock is available at a very economical price but LCID's fundamentals do not currently show a Rosey picture.
2. There are more bearish signals than bullish.
3. For a bullish reversal, a bullish divergence is required on RSI, and price need to move upward and crosses 9.3, for a confirmation of a bullish reversal.
4. If you hold LCID, then sell them now or maybe put a stop loss at 5.35.
5. If you want to buy LCID, then wait till price crosses crosses 9.3 in upward direction.
BIAS 1 = SHORT- PLAN A (Now @ Market)
BIAS 2 = BUY- PLAN B, (@ Buy Stop at 9.3 and SL 5.35)
Lucid - Short TermLucid company is still trading under selling pressure in a downward trend, but we expect a temporary rebound to the level of 40.6, then a temporary correction, followed by a rebound towards 6.60-6.70.
LCIDNASDAQ:LCID
As for LCID, it is clear that it is close to completing the correction of wave two.
Currently, the best entry areas for the stock are from 5.8 to 5.6.
Our stop loss @ 5.45
any break bellow that level the scenario will turn from bullish to bearish .
LCID setting up falling wedge breakout LONGFrom the 1H chart, I have drawn descending and falling trendlines with the resistance
falling faster, That is to say I see a falling wedge pattern which might be typically
at the bottom of a trend forecasting an upside breakout. LICD made a small move
up in the past 3-4 hours of trading. Overall the indicators support the idea of a
reversal especially on the dual TF RS indicator with the green lower TF rising over
the higher TF black line and above the 50 level. Likewise, the ZL MACD shows a
line cross under the histogram which went red to green in a bit of bullish divergence.
The ADX oscillator has yet to show much of anything with the lines hovering about the
20 level. Overall, I expect a breakout however I am willing to take a trade now because
price is near to the support trenline allowing for a small stop loss and a 6% move to
the upper resistance trendline. From there I anticipate a break above the line and
continuation. In the bigger picture, TSLA is moving up again and other EV stocks may be
simply following the leader. ( SL 6 TP1 6.4 TP2 6.85 TP3 7.4 )
lucid bullish?besides my contracts are expiring this week for lucid but i do see a bullish trend occurring but only take plays 3 weeks out for lucid 7 to 7.50 pulling out when lucid see 8.30 which is averge according to yahoo finances.
luicd group about to jump!?about to average out to 8.20 it will fly up to the green line the after that to will average out to 8.20 information brought to you by yahoo fiancee on there average price. or it will crash but i don"t think that will happen this company is going to change the middle east EV industry because 60 percent of the company is owned by the saudis i mean owned by PPF Hegde fund
LCID: Under $6 soon?Took out equal highs and we've gapped down in after hours already. We're also hanging out around .786 on our fibs so I think this is an easy shot to $6.18 and below.
