Get started
Lucid Group, Inc.LL

Lucid Group, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

LCID trade ideas

LUCID Stock Chart Fibonacci Analysis 022624Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 2.9/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
N
by fibonacci6180
Lucid Motors Faces Turbulence as Demand SlumpsLucid Motors ( NASDAQ:LCID ), backed by Saudi Arabia's investments, finds itself grappling with challenges as it slashes prices amid a slowdown in demand. The company's recent revenue report has raised eyebrows, indicating a bumpy road ahead. Amidst the swirling currents of the electric vehicle market, Lucid Motors ( NASDAQ:LCID ) stands as a beacon of ambition and innovation. However, recent developments suggest that even the most promising ventures can face turbulent waters. The Saudi Arabia-backed company, known for its cutting-edge Air sedans, has been forced to make tough decisions as demand softens and revenue falls short of expectations. Last week, Lucid Motors ( NASDAQ:LCID ) made headlines as it announced a significant price reduction for its Air sedans. This move was a strategic response to dwindling demand in an industry experiencing a noticeable slowdown. Despite initial excitement surrounding Lucid's ( NASDAQ:LCID ) sleek and high-performance vehicles, consumers seem to be hesitating amidst concerns over cost and market saturation. The decision to slash prices underscores the delicate balance Lucid Motors ( NASDAQ:LCID ) must strike between maintaining profitability and stimulating demand. In an increasingly competitive landscape, where legacy automakers and new startups alike vie for market share, pricing strategies can make or break a company's prospects. For Lucid ( NASDAQ:LCID ), the challenge lies in navigating this terrain while staying true to its vision of delivering premium electric vehicles that redefine the driving experience. However, pricing adjustments are just one piece of the puzzle. Lucid Motors ( NASDAQ:LCID ) recently released its fourth-quarter revenue report, and the numbers paint a sobering picture. Revenue came in at $157.2 million, falling short of analysts' expectations, which averaged $179.9 million according to LSEG data. This revenue miss underscores the broader challenges facing the company as it grapples with a slowdown in deliveries and consumer reluctance to commit amidst high costs. The discrepancy between projected and actual revenue highlights the unpredictable nature of the electric vehicle market. While Lucid Motors has made significant strides in technology and design, translating these advancements into sustained profitability remains a formidable task. The company's ability to ramp up production, streamline operations, and capture market share will be crucial in determining its long-term success. Despite these challenges, there are reasons for cautious optimism. Lucid Motors ( NASDAQ:LCID ) boasts a talented team of engineers and designers, a state-of-the-art manufacturing facility, and a strong financial backing from Saudi Arabia's sovereign wealth fund. Additionally, the company's recent entry into the public markets via a SPAC merger has provided it with the necessary capital to fuel its growth ambitions. Looking ahead, Lucid Motors ( NASDAQ:LCID ) must focus on executing its strategic vision while remaining agile in response to market dynamics. This will require a delicate balance of innovation, cost management, and customer engagement. As the electric vehicle market continues to evolve, Lucid Motors ( NASDAQ:LCID ) has the potential to emerge as a leading player. However, the road ahead is fraught with challenges, and success will ultimately hinge on its ability to navigate the currents of change with skill and determination.
N
by DEXWireNews
LCID - Looks Bearish Ahead Of EarningsIs looking bearish in the short term here ahead of Earnings. Notice we had a bearish upper wicked candle (first arrow) to complete the bearish ascending wedge and it recovered to print another wave up that has seen heavy sell pressure with a long wicked Shooting Star (arrow) and now a bearish momentum shakeout (arrow). So the current chart pattern for this area is bearish overall and it could go quite a bit lower from here. However LCID is deep here and it has already hit our long term 2.272 target (client only). So its not out of the question that LCID could have a positive earnings and see an huge gap up as we have seen with other stocks. Earnings can be quite a lottery and there can be wild moves at trend extremities. Equally we could see a large bearish move through earnings and there is a risk that it could be the start of the next wave down to lower fibs. This one looks very dicey here so I have taken small profit and 100% exited. As I keep saying; there is so much on the menu currently that there is no need to take unnecessary risk. If earning is bullish then i've lost nothing and best of luck to LCID buyers. But if its bearish then will will have evaded loss and may even get a deeper buy down the road. This looks dangerous - we'll see 🤨.
NShort
by dRends35
LUCID the stock that no one likeLUCID is highly undervalued here in the 3$ zone Most top funds hold a large % in their portfolio, wonder why? no brainer why, super undervalued, sentiment negative, in a great demand zone. Once the down-trend channel shifts, a nuke candle will come to zone $15 - 17 Then re-accumulation phase happens with taking profit and then the next run-up starts with price discovery breaking ATH probably by 2025. In summary, 2024 bounces levels for stocks/crypto while 2025 is the real bull-run and price discovery start but people won't see these low prices after Q2 of 2024. Remember financial markets are highly volatile, bear in mind the risk of trading.
NLong
by Nxgencrypto
LCID SHORT on VWAP rejecting price rise.In my previous idea of January 29, I bought LCID as it broke out of a falling wedge on news from Saudi Arabia fixing supply chain and production issues for body parts. LCID ascended the following day to fall down on rejection from the mean VWAP band line anchored in mid- December. On the 4H chart, another smaller and more condensed falling wedge is found and price is moving down toward the one standard deviation line below the mean VWAP ( the jagged blue line ) which is now horizontal. The last candle is red and narrow bodied. It is near the top of the channel. Trade plan- I will short LCID here and add to the position each time price returns to the top of the channel as monitored on a lower time frame such as 15-45 minutes. I will watch for a reversal of the down-trending lines of the zero-lag MACD and a cross at the bottom. Similarly for the RSI indicator and its green fast and red slow line in the range of RSI value of 20-35. Likewise, if price rises above the channel in an early breakout, the trade is over as the downtrend is correcting again. If the price were to break resistance of the mean VWAP zone, this would represent a break of the down supertrend and could cause a bit of a short squeeze to get underway. If I see that, I will get into a long position with more position size as it could become lucrative.
NShort
by AwesomeAvani
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
NLong
by DrSaud1
LCID analysis ⏰ let's discuss :-: Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of NASDAQ:LCID How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR ::-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:: Frankly speaking 🗣️ I am full time trader in Crypto 🔮 part time in stocks to save my money 💰 Based on my friend request , i am doing 📌 analysis ⏰ 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 🦜 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 👀 In my opinion || chart 📉📈 looking too bad // continues downfall Best area enter is ::👉 $2.6 - $4.1 👈 Best area to exit 🎯 :: $5.3 - $10.4 - $17 - $34 Stop 🛑 when price goes below $2.5 weekend candle close below Invalid 📌 to invest Don't use 100% liquid 💰 it's high risk , so prefer 5-10% liquid 💰 on ur portfolio Let me know points to consider on this stock , so i work and i will submit u those 👀 I always do analysis on crypto stocks _&_ large cap // rest of things i don't know much __________________________________________________________________________________________ 🪩 disclaimer : ▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌 Note 👀 👉 keeping comments , reacting with emojis , pointing us is very easy to some people They think 💬 what they see 📌 that was knowledge 📌 We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important Economical conditions Fundamentals Technical News Sentiments Checking macro to micro having good plan and build it is very important ☺️ Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛 I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post Try to understand, try to learn - try to move with flexibility with market is important Have good day 😊
NLong
by raj5_7_5
4
Lucid Motors Liquidity GapIt would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce appears very high and I am honestly amazed at the open interest on puts that could look to be burnt. 3$ 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.
NLong
by kibakilla33
2