strategy for LCID friday 02/18/2022LCID: sell zone ( 30.11 ) ( 29 80 )
LCID buy zone ( 26.00 ) ( 25.53 )
strategy: we should not chase the price in case the opening is above yesterday's closing price all this is sell zone the bullish entry is (30.20) resistance at (30.80).
bearish entry below (27.80) we can see it in the post market if it is so for tomorrow easy money
LCID trade ideas
LCID TradeStock is in support/buy zone. There is resistance at 35ish. There is also a crossing over of the 100 SMA with 50 SMA meaning there is bearish sentiment.
Right now I would play this by selling put options around the support/resistance line. I would not mind being assigned the shares. The company is legit as it has many of the top exe from tesla and other companies. IF assigned the shares I would begin to sell covered calls on the stock
My own DD - Do your own and use your own intuition. I am not a financial advisor nor is this advice
Lucid Group Analysis 14.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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Lucid (LCID) under pressure but earnings are due soon $LCIDvolume gap worked out perfectly as we earlier identified. now same problem sub $22. Earnings will need strong guidance to help the stock. Sentiment toward EV names is weakening with every inflation and hawkish comment so will be hard to fight. Short term bounces are always possible but the trend remains negative. supports identified.
LCID: Where Can We Look To Buy Lucid Stock?
Where Can We Look To Buy Lucid Stock?
Basic Information
"Lucid Group, Inc. is an American electric vehicle manufacturer headquartered in Newark, California. The company was founded in 2007. Deliveries of the Dream Edition launch versions were made available to the first group of 20 reservation holders on October 30, 2021.
Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers.
The company rebranded to Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle"
In this analysis, I am going to share only the technical perspective of the potential price development.
On May-21 and September-21 the price reached it lowest level for the corrective movement.
On the first bounce price moved almost +67% higher from $17.5 to $30 and the second movement was a huge one from $17.5 to $57.5 or +227%
The price is around the same price area again and the probability is very high that we can see the same movement to be repeated.
I am looking at two potential reversal areas 27.50 and 20.50
On the other hand, you should do your own homework and dig deeper into the fundamental part of the company.
Thank you and Good Luck!
Lucid Group Analysis 27.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Lucid Clearly following a fractal her. We lost trend support in the past we did the same thing sending us in a sideways trend for 6-8 months. It did come back for backtest of trend before rejection. So we could come to 28.40 see a pop back to 37$ To tap trend. For a smal swing idea.
Howverr. I’d look for 6-8 month accumulation. Between 25-28.40$