LCID at 200 SMA, resistance at $25 (trendline), target $28.75if LCID closes above $25 trendline, I have the target at $28.75
CH2A trade ideas
Lucid Group looking to gain ground. LCIDA corrective triangle looking to enter its final leg sooner than later. Aggressive stance, as no pivot is confirmed.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
LUCID Although we shorted the upper resistance channel and that will still be key reistNce, the main ichumochi cloud resiatnce isn’t even 1/4 of the strength it was on th previous rips. This might be the time Lucid breaks out ! Watching 26$ area for an entry. This could be setup for a big move out of this considlation !!!
Lucid BullishLCD breaking downward channel and needs to close above it on 4hrs time frame.
Next target would be $25.5.
LCID falling wedge PT : $30 by November
This stock is in a falling wedge which will cause this stock to squeeze up to $30. This would be an amazing play to get into as there is a lot of calls getting picked up ending December and jan.
LCID bull flagLCID: Strong downwards wedge after impulsive move signals a bull flag
~ What is interesting about this graph is the VI. It showed bearish momentum but yet had increasing price action! Imagine when the VI sends bullish momentum!
~ RSI also has a lot of room to grow.
~ The only errs in this graph are the death cross on the 11th signifying a bear trend. But this cross is weak as it has low volume.
~ Another err is the false breakout on the lower side before coming back in. This can be attested to the QQQ action of dumping today. The fact LCID was able to stay bullish despite QQQ and the VI being bearish/choppy for some of the day
Bounce and then gap Fill before rising againNot financial advice.
Bullish long term but I'm respecting the trend.
Good luck all
LCID observations NASDAQ:LCID
I have been monitoring the after-hours activity from 2:30am Pacific Standard and on and my findings have shown that LCID has been trading around $.30-$.65 lower pre-opening before rising rapidly as we approach the opening bell, then bearing down even lower than it was in after-hours shortly after the bell. I have only recently started following this stock and am interested to hear any thoughts on why this is happening? I bought 1300 shares at $25.99 and am now kicking myself for not waiting a few days. Any thoughts or ideas on Lucid will be more than welcome in this thread.
Maybe a good entry pointIs Lucid Motors Stock A Buy Right With Deliveries Of Its Luxury Sedan Set To Begin?
Lucid Is On Good Postion To BuyMy Study on Lucid.I think Is Lucid Is On Very Godd Potion To buy. And In matter of Days its Explode.
Thats Just My Study Not A Financial Advise
Lucid Motors Compound FulcrumLucid is completing a 30 week Compound Fulcrum. Wait for the break above $30 with decent volume.
$LCID Likely to consolidate and move sideways between these support/resistance levels until a fundamental catalyst (vehicle deliveries, etc) reinforces a clear trend
LUCID LONG Short Term Play This ticker is forming a cup and handle and it seems like its going to skyrocket to $33 as my previous posts. I highly highly recommend
getting into this stock ASAP.
EXIT LCID SwingClosing all LCID positions with my largest ever profit from my largest ever single stock position. I was going to keep this stock long-term, but there will be many other opportunities to make money from LCID in the coming years. The profit was about 30% profit from a variety of entries in the last 2 months. Thanks to SPICE AGLO for the 4D SELL signal. It confirmed MACD and RSI to indicate there is a significant chance of a pretty sizable pullback in the next weeks or days. I think LCID will retrench at least until customers finally get into their new space-age cars, and then this will take off again.
ENTRY CRITERIA
1. RSI below 20 and rising again - YES
2. Candles out of SPICE AGLO red cloud - YES
3. Traffic Light (Red-yellow-green) pattern on MACD bars - YES
3. Heiken Ashi reversal candles - YES
4. MACD cross up - YES
5. Investor Events/News - Huge drop due to expiry of PIPE investor lockup made for a huge buying opportunity. Te
Target duration - Long term
Target profit - open
Exit Criteria
1. RSI above 80 and dropping again - YES
2. Candles out of SPICE AGLO green cloud - YES
3. Green -blue-red pattern on MACD bars
3. Heiken Ashi reversal candle
4. MACD cross down
Early Exit Criteria )
Trailing stop if candles penetrate the upper side of SPICE ALGO green cloud
LCID long on break above prior weeks highLCID could be a runner again, make sure to trail the stop on such fast up moving stocks...
Entry LCID@ $24 Target $660 Jul 5, 2023Lucid Group, Inc
Entry LCID@ $24 Target $660 Jul 5, 2023
Entry LCID@ $23 Target $660 Jul 5, 2023
Entry LCID@ $22 Target $660 Jul 5, 2023
Technical Chart Anaylsis Conditions:
1. Break-out of Channel $67
2. Pull-back towards $18
3. Ideal Entry $18 to $25
4. Target $150 to $2,500 Range
5. Merger IPO Nasdaq Completion
Fundamental Assets Descriptions:
Lucid Group Inc. ... Lucid Motors is an automotive company that specializes in electric cars.
The company sets out to create a car that elevates the human.
$LCID now trading on Nasdaq
Company Website: www.lucidmotors.com
Time to take some rest bullsThis ticker had a good run for almost 10 bucks from the bottom of $18 and is now in a solid resistance area. I have taken my first short today on this and if this goes up to $30 (false breakout), will add more.
Next runner?Huge double bottom on weekly chart.
Already moved up a lot.
Risky play but it could run like CEI.
Thread carefully it is trending.
