Price may recover to cover the gapBased on TA and FA, after the breakout from $30 resistance, we may see Lucid recover back to previous gap down price level.
LCID trade ideas
Lucid - Watch for next weekI was able to scalp it between 34-41 today but if you missed it, it might be trading again at 33.50 next week before the last Wave 5 up to $42.5.
This is the power of Wall Street Bets..!Lucid told investors in July that it expects to produce 20,000 Lucid Air sedans in 2022, generating more than $2.2 billion in revenue, according to an investor presentation.
Now its market cap has passed Ferrari and became the 12th biggest automaker in the world!
This is happened because of WSB, not fundamentals!
Taking a position against this seems very risky,
the Best Strategy for those who have it could be cashing out the main capital and keep the free stocks and see what is going to happen!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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 Stage 2 BreakoutNice volume breaking out of Stage 1 into Stage 2. 4th week in over the 30 wk ma. Entered a call position yesterday. Seeing if it can get to the target zone. NASDAQ:LCID
The signal was clear! Gave a buy signal for LCID 2 weeks ago.
BlueWave gave a green dot buy signal on the under the wave.
Stochastic RSI confirmed it as it was over-sold.
The wave never lies
RocketA company of the future, a good product. Technically, if it fixes on the resistance level, it can grow up by 15-20% more. It is better to lead the trade with a trailing stop. The target for the best exit is 35.
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LUCID(LCID)What a beautiful CUP and HANDLE PATTERN for LCID...Consolidated for a long period of time and finally break out the zone!!!
Go high! Break out timeSorry folks, I thought this stock will consolidate for one more week since last two days candle movements.
But when it breaks, due to, and thanks to, Tesla/Hertz news, Lucid now have the potential for higher end rental movements :)
Long and Hodl with the rides!
ZW REVERSED AS I SAID ON MY PREVIUOS POSThello
asit is shown on my chart ZW reverse its trend, because of the attack of sellers, in other word when squeeze appears (hammer candel) with a big wick, and with a big volumle.
it is a perfect signal to sell.
market gave me reason so what do think?
resistance zone has been hit!✅ hello traders, LCID is hitting a big resistance on the chart and RSI indicator today, this is not financial advice! but if I was long id secure gains here
looking for a test of 19-20 support in the near future
$LCID waking up I really like the bottoming pattern in this name , we are long and have a price target of $50
How to Trade Opening BellThis explains how to trade opening bell and what I do when the market opens up.
LCID Electric Vehicle Long Fundamental Hold Trade IdeaLCID Long Term Hold Entry:
Under $30.00
Target:
$100.00 Area
Entry LCID@ $26 Target $48 Feb 1, 2022Lucid Motor Group, Inc
Entry LCID@ $26 Target $48 Feb 1, 2022
Entry LCID@ $25 Target $48 Feb 1, 2022
Entry LCID@ $24 Target $48 Feb 1, 2022
Technical Chart Set-up
1. Break out of Ascending Triangle
2. Pull-back below $24
3. Pushing Up to $28
4. Ideal Entry @ $24/$25/$26/$28
5. Target range $48 to $80
Fundamental Asset Description;
Cars That Are Intuitive, Liberating, and Designed for All The Ways People Get Around.
Visit Our Digital Configurator to Get Started Customizing Your New Electric Vehicle.
Ultra-efficient. Alexa-enabled. 2,400+ Chargers. 0-60 mph in 2.5 Seconds.
Company Website: www.lucidmotors.com
Catalysist: Production Rap up and delivery for 2021 to 2022
DOA trading Strategy - LCID#LCID - Update, Green DOA sniper and meter held
It broke the DOA confluence
If we hold above this confluence EOD we'll see $27
LCID - Shooting Star - Real lossI was purchasing this stock for several days daily and closing it with a profit. The last big purchase was done on the Shooting star and the next day I lost half of the total.
Candle Stick pattern - Shooting Star
LCID at 200 SMA, resistance at $25 (trendline), target $28.75if LCID closes above $25 trendline, I have the target at $28.75
Lucid Group looking to gain ground. LCIDA corrective triangle looking to enter its final leg sooner than later. Aggressive stance, as no pivot is confirmed.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
LUCID Although we shorted the upper resistance channel and that will still be key reistNce, the main ichumochi cloud resiatnce isn’t even 1/4 of the strength it was on th previous rips. This might be the time Lucid breaks out ! Watching 26$ area for an entry. This could be setup for a big move out of this considlation !!!
