#LUCID Cup and Handle formation $71 #lucid long term Cup and Handle pattern prepping for long term target of $71 followed by $99.
LCID trade ideas
20-11-21 UPDATE LCID 21.1% GAIN FROM BUYING AREA
I think price will correct again between 49.21 - 47.15
it will be another chance to buy more ..
LCID 15 minDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
Lucid- a little late to the partythese are two scenarios I see playing out maybe a short term dip, but ultimately testing the general trendline in the longer term.
Thats it for now i will be doing my homework on this stonk
$LCID $50 C 11/26 *SWING*$LCID +$50 C 11/26 *SWING*
will be holding this position for a few days
Price targets: $50, $51
Technical Analysis:
Break over hourly supply
C = calls
17k open interest on LCID $50 C 11/26 C
23k open interest on LCID $51 11/26 C
Support & Resistance level for Lucid and Rivian..!Rivian and Lucid have entered the deflationary phase!
I believe Rivian could move toward 95 and cross below this level, and soon we see Lucid below 40!
Review the past few analyses could be interesting:
RIVN:
LCID:
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
LCID Rebound too 60$Lots of sell off. looking like a recovery too 60$ before the week is over good luck traders trade safe
higher lows continue, bulls hold the control!📈LCID continues to make higher lows and bounce of this trendline support! if we continue this pattern i expect a rally to 62-70+ in the near future.
if it breaks below support we can see test of 35-40 if possible as well, so dont forget this quote "no one ever went broke by taking profits"
price targets are 55.8/61.27 ! like and follow for more💘
This could be the last day for Lucid as well!Lucid experienced a 258% gain in 54 days! reached the highest closed price and got dumped in the past 2 hours!
I think closing today could be a safe bet or increasing trailing stop loss to 52..!
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or 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.
Lucid LongJust added a regression Channel from the breakout, to see if it keeps in this Bullish zone.
The last time it tested the 60.00 it was just straight down from there till we bottomed at that 16-18 area and went back up.
This time it just feels like they are getting a few PR back to back, earnings for them, and an EV play that will attract people that are finding the next "Tesla".
60+ area will be interesting to see if it goes and holds, or stays around this 50 range for a bit.
LCID, 1 Hour, Symmetrical Traingleif its Break the Symmetrical Triangle
from this point it will shot to 48.95
*************************************************
BUT if its break
The trend of Symmetrical
Triangle from this point it will shot to 39.07
DISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
$LCID | TRADE IDEAUpside is limited from here, looking to complete the daily gap fill. Will eye a re-entry on the wave 4 dip to catch the move to $70+.
Cup and Handle on LCID (Lucid) to play out? Scenario 1 - Biggest thing to note is the cup and handle playing out on the larger timeframe.
This is a more likely scenario bc it could utilize the .382 retracement.
Although historically an ultimate rejection and retracement after a huge bull run gave us the .75 retrace.
This would be scenario 2, a retrace to the blue fan line. This is an ultimate reversal indication.
The green arrow is not drawn in time scale. This is the handle of the cup (possibly) in scenario 1.
A retrace to the .75 would be a possible buy zone to me unless the reason for retrace was extreme bad news for the company
and it was obvious capitulation. In scenario 2 a bounce off the lower 30s with confirmation would be a possible buy zone as well.
Or scenario 3 this thing just rips and rips. If that then I scratch all this and move on for now. Please critique me!
LCID to the MOOON waiting next correction inside the green box, which is the best chance to buy more shares
Lucid Ponzied - Double Topped BlowOff - EV Mania - SellSign of the times. Everything rally has expired weeks ago and morphed into what goes up must go up some more. What used to go up, better go up some more. Not how it works. The US5Y is rippin' with the US10Y. Go small cap gems.
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Historic Bi Partisan Justice Reform. $KERN has the compliance DATA.
GL
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LCID, very likely, would continue to rise until 52.04helo dear investors
As long as it is above the green line (level which tells the story (21.93) LCID is to be bought, it seems that the level 37.58 (level 0.5 fibo) is broken with force, so LCID, very likely, would continue to rise until 52.04.
Note that a good coincidence has occurred in this fibo and rectangle retracement, it is that the probable amplitude equals the same price of the red rectangle resistance and the 0.236 level of fibonacci (target 2).
i wish have reason but as we said it upto the market to decide if we will have it or no.
NB: a good signal had accured 28 oct 2021 that break out very strong (big buyer volume) and LCID is above the historical line
LCID Flagging 1HRNice bullflag forming,
If price manages to break above 43.50 we might retest yesterday's high.
Lucid BreakoutLucid has filled the gap shown and after earnings is rocketing towards new highs with very high demand and EV sector as a whole being very hot
Consider booking profitsI booked my profits today and have no active position in LCID. It was good 3 swings in this one. Will look for some cool down before making another entry
Next stop 55Triangle breakout to next fib level at 55. MACD R RSI are up on weekly, may break to all new highs past 60.
Lucid LongI traded this months ago when it was CCIV and broke out to the 60.00.
I've been watching it since then.
Pretty Much your sweet spots were it dipped to the 16-18 level
However part of poor trading best practices, I never put alerts in and made a plan for it.
So I put it back on watch and decided to make this my first Long position. I usually swing trade/Day Trade. I've never held a stock for years before so this will be my first crack at it.
My plan is on a 4-hour chart break out.
As of now because my entry is pretty solid, I'm making a plan to take profits or maybe size in after I do more fundamental homework on the company. As of now, it is purely a technical break-out for EV makers that missed the boat on Tesla and are confusing it with Tesla. To me, Tesla is a platform and a battery company that has a revenue stream from EV as well. Lucid is solely a luxury EV maker that is pure speculation play right now.
