LCID trade ideas
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.
LCID short-term LONG PlayThis stock has potential of reach its $45 highs as more riskier plays are being played more and there is also a lot of volume coming in the stock.
Not only that, but the company has set to deliver their vehicles by end of October which would a great catalyst for the stock.
I can see this stock going to $45 but first it has to break the $28 level then break the $33 level which then would open up the possibilities for $45.
For an accurate target, I would say $32 by end of October would be reasonable.
Watching for key s/rPrice action seems to indicate a sideways trend but could momentum could move it higher to the breakout level. Interested seeing what will happen.
$LCID - long 27.3 on volume. clears the 29.8 level = breakoutBeen waiting for this one for a while. News on there new EV was positive. More importantly buyers stepping in. TSLA also moving ok.
LCIDNeckline play into production preview week.
Look for similar volume to the first break of neckline on monday 9/27 for the retracement to occur.
LCID end of week $30News:
Last week we heard the fantastic news that the Lucid Air Dream Edition received an official EPA range of 520-mile.
Technical Analysis:
Last week, $LCID
* ended above the 50 moving average AND the 200 moving average,
* broke out the descending trending line,
* ended above the volume profile visible range (VPVR) point of control (POC),
* volume started to really ramp up,
* the MACD crossed (and stayed) above the signal
* RSI in the green
To me, except if we have a market correction across the board, $LCID should continue to move up and reach its resistance at $30.
Clearly a Keeper But Need to HoldTesting our patience but no issue with holding this for 6-12 months at least. Have a plan in case if the price drops below $17 too.
strategy for LCID friday 09/24/2021(LCID buy price 25.60)
(LCID sell price 24.60)
strategy: have a bar inside if the opening is above the buy price we must wait for the break of the maximum 26.13 of the closing candle of the daily chart. always wait for confirmation.
for a bearish entry: if the opening is above the buy zone, we must wait for there to be a break of the 24.62.00 low and the sell price, we wait for the retest at mv 9 or 10, 5mn chart period, remember not to anticipate.
LCIDlooks like more of the same here. Zig Zag & Flat corrections until some Catalyst presents itself and LCID will pick a new direction
LCID Still Game On.. No Sleep till $45!I have LCID running all the way up to major resistance at $44-$47
Lucid Motors - Ready to break out? Will it become the Apple Car?Lucid Motors - Ready to break out? Will it become the Apple Car? Or is this wishful thinking? Could Lucid want more available share in order for APPLE to become the controlling investor in LUCID. We know Apple wants to get into the EV industry. We know Tesla was not interested in selling to Apple. We know Lucid is interested in some sort of partnership with Apple. It seems logical for Apple to just purchase Lucid and have a head start on the whole car manufacturing process. This is just wishful thinking. This could never happen. Or could it? Edutainment Purposes Only.
Maybe a good entry pointLucid will hold a series of events for investors and the media at its Arizona factory next week. I expect that it will begin ramping up production of the Air shortly thereafter, but I also expect we'll get more details about its plans during those events.
i think we will see 15 before we run!i think we will see 15 before we run!
Because of WXY count and thy Y wave i think it’s a flat and we will have c down for short term
LCID - GAMMA Fail aheadSince Lucid introduced the Lucid Air... I've wanted one.
That was 2016. I enquired then as to purchasing one.
Nearly 6 years later... and Nada, Zero, Zip - From Slack to Spac.
What a shame, something so promising is DOA.
They will not meet their Goals for Delivery and continue to light
CASH on fire.
Years late and Billions short.
The Degenerate Gamblers loaded the woodshed on CALLS.
A high for Lucid is in range, we are SELLERS of Lucid as Objectives overhead
are met.
We believe LCID will trade to $10 or less.
What a shame about Lucid... it was such a story, now it's a storied Company.
LcidFound it’s self in the same consildation pattern. We could see it hit 27.64 as high as 30$. I would be cautious as we have trended in this channel for a while. We did have a big wick below support as when posted lucid dropping from 24.50 I was calling for 17.40. It was still a great buy if anyone bought down there. I’d be looking closely as we approach this 27.64-30$ range we could get rejected as we always do in this range. If we could
Hold support above and go sideways it could set up for something bigger, but this range has been know to reject
LCID 15/MIN AB=CD PATTERNS a small correction NASDAQ:LCID
LCID 15/MIN AB=CD PATTERNS a small correction
