strategy for LCID TUESDAY 05/24/2022Hello trader: LCID bearish entry below (18.36) first and possible objective until the zone of the minimum (17.70)
if our entry above (18.72) is bullish, possible resistance target (19.80)
LCID trade ideas
LCID IH&S, BreakOut Falling Wedge DailyLCID entering and confirming an uptrend. IH&S and breakout observed on the daily
LCID Short Term ? Fun Charting Lcid missed the channel confirmation. If we are applying the channel rule, we expect a breakout with a similar breakout. Further analysis might be needed after this in contrast with the market.
Definitely do your own research. Trade,exersize and sleep. bye :)
Lucid Group LongDue to previous hard months and after a correction with the FED and geo politics instability. Lucid Group stock is set of a run on value upwards, where the ones with higher risk apetite will be able to reward themselves back to the 60$ stock.
Lucid Group stock is set for a growth due to:
-Government incentives
-Speed up for factories in the US and Saudi Arabia
-Expansion of markets in EU
-Increase in pricing from July 2022
-Increase in sales as a result of the growth of operations for a car with very high demand.
-Increase stakes from large institutional holders such as George Soros.
I cannot put more words into how much the stock is worth but to say that, I would buy the car myself, it is enough for buying the stock.
Disclaimer:
I am long and own stocks myself. This is just an opinion on my belief what will happen to the stock. I can be wrong, and I will have no responsibility towards it in case I am wrong. Do your own due diligence.
LCID - ShortLucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers. Lucid's Chief Executive Officer, Peter Rawlinson, formerly served as VP of Engineering at Tesla, and Vice President Derek Jenkins previously worked as Head of Design at Mazda North America Operations. The company has seen investments from Tsing Capital, Mitsui, Venrock, JAFCO, and others. The company rebranded to Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle.
Due to LCID's unpopularity vs. TSLA and other EV companies, LCID's share may drop lower.
LCIDMID-TERM: Falling Wedge, Classic Bullish Divergence, Tweezer Bottom to Reclaim $16 Support. (not financial advice)
Lucid Nightmares? Lucid Group
Short Term - We look to Sell at 18.01 (stop at 20.97)
We look to sell rallies. Prices expected to stall near trend line resistance. Bespoke resistance is located at 18.00. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 11.07 and 10.19
Resistance: 18.00 / 20.00 / 25.00
Support: 15.00 / 10.00 / 5.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$LCID Near Support?$LCID is clearly in a stage 4 downtrend. Who knows when it will end and at what price? I thought it interesting for the “bottom fishers,” that it looks like we are nearing 2 “potential” support areas. We also have earnings coming up next week. I will not be trading this at least until it can make a higher low, maybe after earnings? Right now, it’s making lower lows. I like this electric car company and think longer term it has lots of room.
lucid #lucidI really like this chart ..
I will start collecting it, God willing, in the areas of 16 - 14 $
Taking into account the possibility of reaching $ 9
My investment goal is for the long term .
$LCIDLCID is trading on the support level this April at $17.62 same price of last April 2021. I believe the proce will trade above $20 for these reasons:
- Biden administration announcement $3B to support the domestic battery production.
- SAUDI ARABIA has agreed with Lucid to buy up to 100k of the cars during 10 years.
- MACD & SMA shows the price up direction.
Hopefully the Earnings support us.
LCID in a support zone! LCID is trading in a support zone below 21, and 50 EMA. Hoping not to break 16 USD, as main support. Breaking this level could drop it to 14 USD. Keep watching the price closely and hope for trending upward into high level.
the most likely scenario! lcid should bounce off support again!
I will be surprised if support breaks, great risk reward entry for longs down here.
Targeting 23.68-28.95-43 with stop loss below support
strategy for LCID friday 04/28/2022hello trader: LCID starts bearish opening then changes bullish but, for several days it has been within 52wk low indicating more bearish opportunity. bearish entry below (18.72) we can see it in the post market
in case of market reversal, bullish entry can happen only above (19.08) next resistance (19.45) (19.98)
Lucid Volatile trend. If we can control 17.26 without closing a weekly below and confirming as reistance. Why not buy support. May not rally right away of course but the trend channel is clear for now unless proven otherwise. Buy fear. Maintain an eye on postion if it closes velow 17$ and starts falling that support close it. Otherwise it’s a good level
LCID!We see a sell setup on this stock.
The sell setup could extend.
Trade with care use a stop loss.
Lucid Lucid , GOOD COMPANY ,
Waiting the price to cross up the yellow channel
Targets in green line
Green area is a good place for buying
@REVENUE_JO
Lucid LCID Is Repeating a Previous Bullish BehaviorShares of the electric vehicle manufacturer Lucid LCID bounced today after dropping more than 10% over the past five days.
Lucid Group LCID announced the launching of a new, faster Air luxury sedan with 1,050 horsepower and a 446-mile range that will be priced at $179,000 and will hit the markets in June.
Lucid stock LCID rebounded from the demand area around $21.25 forming a confirmed 4hr hammer candlestick to show a more proven control of buyers.
It is worth mentioning that the buyers had shown the same behavior previously in Mar 15 2022 to rally by about 30% afterwards hitting $28.13 resistance point.
Targets: $22.90 – $23.80 - $24.12
Lucid to Bounce? Lucid Group
Short Term - We look to Buy at 22.03 (stop at 20.23)
We look to buy dips. Previous support located at 22.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for a temporary move higher.
Our profit targets will be 26.24 and 29.35
Resistance: 30.00 / 37.00 / 45.00
Support: 22.00 / 20.00 / 17.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
LUCID It has crossed the shaded area as shown on the chart. The targets are from it, we enter a correction to its maximum limits. It is clear on the chart, including a bullish wave. The analysis cancels when the third area is broken by closing a 3-hour candle below it or closing above the third target, an hourly candle.
