lucid entry level at 3.66 we can enter lucid at this point but we must keep the stop under it
we can enter with target 4.1 dollar per share
Lucidlong
LUCID: MARKET MAKERS & VOLATILITYDESCRIPTION: In the chart above I have included a MACRO ANALYSIS of LUCID that focuses on RSI AND MACD behavior in past SHORT SQUEEZE scenarios along with information on current trend and supply & demand pockets.
POINTS:
1. DEVIATION of 6 POINTS hence SUPPLY & DEMAND POCKETS.
2. DOWNTREND CHANNEL STILL IN PLAY UNTIL CONSOLIDATION IS CONFIRMED.
RSI: When it comes to RSI notice the angle at which the last two SQUEEZES have occurred 25 & 36 DEGREES while current RSI is ANGLED at 61 DEGREES. This measure in DEGREES is important because the STEEPER the ANGLE the SHORTER THE PERIOD WILL BE THAT RSI MEDIAN WILL LINGER AT OVERBOUGHT LEVELS BEFORE RESETING & SEEING SOME COOL OFF.
MACD: CRUCIAL TO POINT OUT NOTICE MACD IS CURRENTLY STILL SQUEEZING AND FAILED TO RESPOND CONFIRM CURRENT BUYING PRESSURE MEANING THERE IS STILL A LOT OF SHORTING PRESSURE.
IMPORTANT: Current PRICE SQUEEZE ACTION is uncannily similar to SHORT PRICE ACTION on MAY 12 2022, when price action eventually pulled back into DOWNTREND.
SCENARIO #1: In a BULLISH scenario since RSI is at OVERBOUGHT LEVELS & if price action is to head higher expect somewhat of a VOLATILE CORRECTION.
SCENARIO #2: In a BEARISH scenario since MACD failed to confirm UPTREND a downward move is to be expected next possibly pushing price action down to the 10 - 4 point SUPPLY & DEMAND POCKET.
FULL CHART LINK: www.tradingview.com
NASDAQ:LCID
LUCID $LCID Long?Lucid analytics:
2 Gaps have been found
- short at $12
- long at $18
Key importance are earning report is coming 11-7-22 Monday. Keep an eye on the report. Nonetheless, we HAVE to close the gap at $18. Keep an eye on the earning report and long to $18
Lucid Lucid , GOOD COMPANY ,
Waiting the price to cross up the yellow channel
Targets in green line
Green area is a good place for buying
@REVENUE_JO
Lucid LCID Is Repeating a Previous Bullish BehaviorShares of the electric vehicle manufacturer Lucid LCID bounced today after dropping more than 10% over the past five days.
Lucid Group LCID announced the launching of a new, faster Air luxury sedan with 1,050 horsepower and a 446-mile range that will be priced at $179,000 and will hit the markets in June.
Lucid stock LCID rebounded from the demand area around $21.25 forming a confirmed 4hr hammer candlestick to show a more proven control of buyers.
It is worth mentioning that the buyers had shown the same behavior previously in Mar 15 2022 to rally by about 30% afterwards hitting $28.13 resistance point.
Targets: $22.90 – $23.80 - $24.12
Lucid to Bounce? Lucid Group
Short Term - We look to Buy at 22.03 (stop at 20.23)
We look to buy dips. Previous support located at 22.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for a temporary move higher.
Our profit targets will be 26.24 and 29.35
Resistance: 30.00 / 37.00 / 45.00
Support: 22.00 / 20.00 / 17.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Lucid Group Analysis 14.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
LCID TO NEW ATH LCID TO NEW ATH
chart is clear ,
4th wave regular flat
clear 5 wave ..
Divergence between 2 & 4
so ,
new ATH just a matter of time .
$LCID Potential buy entry at 42.59As per the Chart Analysis and Spartan AI - We expect $LCID to hit $42.59 and this could be a potential long term buy entry in this.
11/21/21 LCIDLucid Group, Inc. ( NASDAQ:LCID )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $55.21
Breakout price trigger: $57.50
Buy Zone (Top/Bottom Range): $52.50-$47.90
Price Target: $64.70-$66.00
Estimated Duration to Target: 17-21d
Contract of Interest: $LCID 12/17/21 60c, $LCID 12/17/21 65c
Trade price as of publish date: $5.80/contract, $4.50/contract
$LCID Lucid Motors TA - Upcoming Week$LCID Lucid Motors TA and what to expect in upcoming week:
RECAP:
- We can see that Lucid Motors has broken the Resistance line and reversed from the $58/s range.
- Stock after correction bounced at the $42/s range and rose back to $55/s range last week.
- There was an RSI Divergence followed by a large price correction.
- REMEMBER always look out for RSI Divergencies.
- If you follow me I will always lay out the RSI Divergencies when I see them and publish it right away.
NOTES:
- IMPORTANT: Keep an eye on the $50 level range, as it is very important:
-- IF the stock bounces off the $50 level range, it will up-trend towards $58-$60/s range.
-- IF the stock BREAKS the $50 level range it will down-trend towards the next bounce at the $42/s
FUNDEMENTALS:
- We typically do not do any FA here, but very important to note that right now stock futures are -200pnts as I write this.
#LUCID Cup and Handle formation $71 #lucid long term Cup and Handle pattern prepping for long term target of $71 followed by $99.
