LUCIDLucid Group, Inc. (LCID), a company focused on electric vehicle technologies, has been demonstrating positive momentum in the market. Despite the company's recent challenges, including production and delivery hurdles, Lucid has shown resilience. Analysts currently hold a "Hold" rating on the stock, with a 12-month price target of $6.41, indicating a significant potential upside from its current price.
The company's stock has experienced notable volatility, with its 52-week range fluctuating between $2.54 and $13.04. As of the latest data, Lucid's stock is showing signs of bullish patterns, which could be indicative of underlying positive developments or anticipated good news, possibly related to earnings or other corporate announcements.
Given this context, a trading strategy for Lucid could involve setting a stop loss to manage risk effectively. With the current market trends and analysts' forecasts, potential target prices could be set at $4, $5, and a more ambitious target if the stock continues its upward trajectory.
These targets should be approached with caution, keeping in mind the inherent volatility and speculative nature of the stock. Regular monitoring of the company's performance, market trends, and any forthcoming news or earnings reports is crucial for timely decision-making in trading strategies.
Dr Saud
LCID trade ideas
Dead Cat Bounce For EV's OR Short Term Bottom???I have been watching all EV makers closely and this hard gap down after weeks of downside makes me believe there is a short term bottom with these big names. I think all of other tech stocks will fall come Wednesday and EV makers will continue to climb higher against the market.
LCID analysis โฐ let's discuss :-: Hello ๐ it's me your RAJ ๐ professional trader โจ
This idea ๐ก
is completely my own analysis to explain situation _&_ market conditions of NASDAQ:LCID
How this chart valid for long term ๐ explained clearly based on technical #TA ๐ #DYOR
::-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-::
Frankly speaking ๐ฃ๏ธ I am full time trader in Crypto ๐ฎ part time in stocks to save my money ๐ฐ
Based on my friend request , i am doing ๐ analysis โฐ based on technical analysis #TA
I don't know it's fundamental and some other things to measure this as potential or bad stock based on technical i will talk ๐ฆ
If u have experience and good knowledge in stock market especially usstock
Pls let me know about this company NASDAQ:LCID it helps me to check price in other conditions
:-) let's go ๐
In my opinion || chart ๐๐ looking too bad // continues downfall
Best area enter is ::๐ $2.6 - $4.1 ๐
Best area to exit ๐ฏ :: $5.3 - $10.4 - $17 - $34
Stop ๐ when price goes below $2.5 weekend candle close below Invalid ๐ to invest
Don't use 100% liquid ๐ฐ it's high risk , so prefer 5-10% liquid ๐ฐ on ur portfolio
Let me know points to consider on this stock , so i work and i will submit u those
๐ I always do analysis on crypto stocks _&_ large cap // rest of things i don't know much
__________________________________________________________________________________________
๐ชฉ disclaimer :
โถ๏ธ TQ u for supporting ๐ follow idea ๐ก get updates everytime โฐ when I updated ๐
Note ๐
๐ keeping comments , reacting with emojis , pointing us is very easy to some people
They think ๐ฌ what they see ๐ that was knowledge ๐
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull ๐ and bear ๐ป is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important โบ๏ธ
Some Times market easily turn suddenly bear // bull ๐คฃ even we need to catch ๐ซด those movements is also very important โบ๏ธ ๐
I hope i cleared my view ๐ if any points if I miss I will add in update ๐ post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day ๐
Lucid Motors Liquidity GapIt would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce appears very high and I am honestly amazed at the open interest on puts that could look to be burnt.
3$ options expiring this week are trading at $.08 a contract at the moment and if there is any level of volatility to the bull side, the out of the money 3$ strike will flip into the money and dominoing into an extreme level of gamma exposure on the short side.
People shorting need to close their position at some point, like also contributing to the large put open interest which could be contracts shorted with shorted equity.
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 - 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.
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.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
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.
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.