LCID Short or GET OUT OF ITNASDAQ:LCID
Major Bearish Trend, Nothing bright in the future, Not in the technical view or fundamental.
The company is losing money, doesn't produce any products, just lies to investors, and wastes their time.
Short it if you get a nice short Fee, leave it if you are long.
Good luck
(*Shorted it so many times)
Price goal - 2$ until bankruptcy
Lies
TESLA down the drain. Fake FSD BS
Mollusk under criminal probe due to extensive PR over-hyping of so called FSD, which is a fake BS. Twitter deal going to get finalized. Very high OTM put flow with over 11% OTM expiring this Friday (October 28, 2022).
Google (Waymo) has been researching self driving technology for the past 10+ years with over $10 bn cash injection every year. They couldn't make a proof of concept of Level - 5 autonomy yet because of giant challenges (perception, localization, navigation, appropriate response to unexpected scenarios like a human) which are impossible to solve. All kinds of machine learning methods available in the state-of-the-art, used for training robots need huge amounts of training data (images, videos, etc) of exact scenarios that are to be expected by a robot. That's why you see all those Argo, Waymo cars, etc. every day on the streets making routine data collection trips on the same streets every single day. What if there is a dramatic change in the scenario on a road between two data collections? How good can the generalization of decision-making be when there are very few to none of those scenarios in the previous training data? Relate this statement to all the Tesla crashes under FSD. Any robot (including a self driving car) is 100% manually programmed software (explicit instructions hard coded to tackle different scenarios). There is the problem. How can one imagine/ predict all kinds of unexpected scenarios beforehand when those scenarios would have been never faced by anybody ever before in the history? No scientist has 100% understood the nitty-gritties of every human's brain to judge how will any human behave in any given time. It is simply impossible. Yet the crooked Mollusk claims he understood a pig's brain 100% by attaching some toy probes to its head (Neuralink claim, rebutted vehemently by the scientific community all around the world as a false claim). Self driving means, expecting a wheeled robot (Tesla car) to perform as realistic as a human (literal replacement for a human). Which is by itself deeply flawed because of my previous point (no scientist has understood human brain 100% yet). A Tesla car is truly just a car with some advanced ADAS features. It should never be marketed as anything close to self driving. The FSD claim is simply a blatant lie.
My opinions are not supposed to be your investment advice. Please do your own DD and come to your own conclusions.
ADA DROPI hope this video helps you realize how badly we need someone who does not lie to the public and who really wants to wake you up.
People talk about bullishness but nobody talk about how to make money when the market goes down. My words may not be clear but what the Cardano is going to do is clear enough to allow you guys to make some good profit.
People want you to buy, I ask you to sell or put a stop loss to prevent any waste of money.
Feel free to comment, share your ideas and maybe drop a like if you wish. I am glad to talk about anything in the comments.
New Generation Analysis Method: TrashNOTE : This does not refer to any institution, organization or person.
Common mistakes or mistakes made to give hope and gain fame:
The most common is to make the dependent events repeated several times in the past the strongest premise of repeating without showing any scientific evidence.(Foundation = Correlation Coefficient , Avg error etc )
To draw the future events as if they were experienced and to establish a fulcrum.
Not to use support, resistance stop-loss, comments above global economic technical analysis, affiliated market reviews confirmation, trend lines and/or channels , valuable risk/reward ratio with long / short trades.
To show the most profitable period of classical methods and to create an illusion of confidence about the future.
On related ideas you can see an example too.
CONCLUSION :
People prefer the lies they want to hear to the facts they don't want to hear.
Regards !
WTI: USOIL A Big Week of Opportunities AheadWTI USOIL Week Ahead
WTI has fallen away in a straight line ever since the short triggered
on Thursday and is now around 390 or so pips to the good.
It should fall away a little lower still, towards the first
support line at 67.22 and can spike down to 66.48 at likely
lowest before it starts to bounce away to the upside again.
Look to close out at least half of the short and drop the stop
on the rest to just 11 pips above current close (but not until
London opens).
We should see a good rally from this range back as high as the
69.48 line. If wrong at this point and WTI finds no support
arriving from London it will then plunge lower still until
it can find buyers again at the 65.55 line where dynamic and
fixed support lines meet.
From a bull perspective this level must hold through the
coming week at lowest. Any failure here will tip WTI into
deeper bear territory still and force a capitulation move back
to 61.92.
Some good trades still to be had from this complex. Second
only to Bitcoin for volatility and fine trades - but the spread is
wider, which is odd considering the great old age of one
complex against the infant's age of the other. The old and the
new. Probably the two best playing-fields across the entire
spectrum of investments - for active traders and momentum
traders alike.
But ETH is beginning to challenge this hierarchy as the weeks
pass by. More on that one later
ETHUSD A Positive Weekend AheadETHUSD
Still looks in good shape for a test of 741 and then 768 this
weekend and further out in time looks likely to test the 896
level too.
Right now it's waiting on Bitcoin to break higher - which it
should do later on today.
The overall trend remains positive and retests of the lower
parallel are still buying opportunities as the rally moves
higher.
Bitcoin: BTCUSD A Decisive Night Lies AheadBitcoin BTCUSD Decisive Night Ahead
Bitcoin is now approaching the last major dynamic resistance
potential between here and the highs on both Bitfinex and
Coinbase charts - though not on Bitstamp. We've seen it just
under double so far, gaining 5250 points on Bitfinex from the
6000 low. It can go one of two ways from here:
20:13gmt/15:13est Update and Bull Set-Up
First off, was really looking to stay long up to the next line of
fixed resistance at 11438 on Bitfinex today but so far the first
line at 11257 has proved too much with an intra day high at
11250 so the long from 10840 today got closed out for 400 or
so points profit on the first test of the line. Since then there
has been a 200 point gain on another quick long from 10900 to
11100 - around 600 points or so. Now it's getting trickier
again. The hourly candle shows pretty much a spinning top
with pin above as long as it is deep below...indecision,
sideways movement likely now...can move sideways to the big
dynamic and then comes the crunch. It's Bitcoin, boys. It can
always go either way.
So we need to cover both the 2 alternatives...The Bull Break:
Bitcoin finds buyers enough out of far East or when it opens
(or even earlier) to push above the big dynamic and to hold
and not fizzzle out by 2am gmt/21:00est - that would be a
super-bullish outcome and if it comes at any point tonight
must be followed with stops below the dynamic when first
broken line by 100 points or so or alternatively, depending on
price action, can wait for retest from above once broken ...
This break to the upside is a big ask - may well prove too
much on this first attempt. But it's Bitcoin. It's done stranger
things before - it really can go either way from here.
The Second alternative from here: The Bear Break:
We need to keep in mind what could still develop from here -
which is that Coinbase is leading and saying the rally is done
....and now this last few hours is just unspent upward
momentum now running out of steam...if so, the chart will
tell us by Bitcoin not being able to push higher above that last
big line of last dynamic resistance on Coinbase - so this thing
needs watching more carefully than ever for the next few
hours...fairly obviously it needs more buyers now if, as we did
in the chat room, you bought the dip back to 10900ish - the
worry it that it grinds higher slowly and with no real power
behind it as we move towards the far east opening...and then
tops out ...we just need to be very vigilant tonight - and if it
does recoil from the dynamic holding back price on
Coinbase and then it goes on to break the last dynamic
support line on Bitfinex just around 10600 now ...that would
be the signal for swing traders to exit too and also for day
traders to start opening short positions on the next rally back
towards the now broken trend line. It should fall away to 9500
and then if this fails to 8900 - and has the potential to break
much lower still...depends on the shape of the decline - this
is the 'bad ' side of the Bitcoin coin, potentially. May never
happen but forewarned is forearmed. Time as always will tell
us the answer. We follow. To do that we have to see the
upper dynamic broken to move back to full-on bull mode from
here. Until then we need to tread carefully if still long here.
Try not to second guess it too much but be ready to follow the
next big signal coldly either way when it comes.