LCID has another falling wedge breakout LONG
Updated
LCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a
Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried
to raise cash by selling cars under cost. I would be afraid to buy a car from a company about
to head into bankruptcy. Anyway, time to buy LCID for now, it has a vaccine against the
contagion. I happen to be very fond of falling wedges especially when they repeat. My skills
in Elliott Wave analysis are nil but this is one to analysis. In the meanwhile, it's a buy ( no
I am not a fan of Jim Cramer.)
Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried
to raise cash by selling cars under cost. I would be afraid to buy a car from a company about
to head into bankruptcy. Anyway, time to buy LCID for now, it has a vaccine against the
contagion. I happen to be very fond of falling wedges especially when they repeat. My skills
in Elliott Wave analysis are nil but this is one to analysis. In the meanwhile, it's a buy ( no
I am not a fan of Jim Cramer.)
Trade active
A scoop off the bottom Trade active
LCID moving slightly up awaiting an injection of momentum Trade active
LCID moved higher. Took partial profit on half the call otpions at share price of $3.05. Price pulled back ina Fib Retrace. Reloaded at the pullback. A typical zig-zag strategy. Holing beyond this week. Looking for LCID to get more trader attention as TSLA struggles and FSR is all just become extinct.Trade active
Looking to add for LCID price over $2.83 as per POC line and mean anchord VWAPon the chart
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