LCID trade ideas
LCID Call in the next day or 2. Learning LEAPSI am currently studying how to enter leap position. Using Stoch RSI and RSI I am finding oversold spots with confirmation that could lead to good gains. I am still new at this so any help on my idea would be great. Waiting for Stoch RSI to break into the channel to enter for Jan 2023. The plan is to shoot for previous highs or 3 months hold which ever comes first.
Lucid Finding heavy resistance around these levels. EMA ribbon flipped bearish. Could be rising wedge. Ichumchi cloud that was support is resistance currently. EMA ribbon Goes as high as 41.50. The only bullish thing is the recent low is supported by EMA support on 4 hour and ichumchi cloud on 4 hour. Howver it could take some time to start flipping those bearish. Still be cautious unless we reclaim 42
$LCID Motors Target - 35.58$LCID motors Target 35.58
Technical weakness here is pointing to a move lower…
GL, and let me know your thoughts!!
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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Lucid be cautious Still in bearish continuation pattern. Looking for 28.20$. Corrections on a downtrend are a spike up move. Looking for lower levels stilll. Don’t get caught up
LCID off Pivot*Pivot from 34.75-36
very convenient timing for this stock to be added to Nasdaq, directly off my pivot i marked after the first run up in February. Best risk scenario is a retest of the top of the overnight gap @~39, then maybe a gap fill ~37.5. Will set alarms but won't look to trade off open
LCID TECHNICAL ANALYSIS lcid is forming a cup and handle pattern on the daily.
if the trendline breaks, we may see a strong move.
hoping for the pattern to follow on through or hint to wanting to do so within the next two weeks.
i know it's a bit hard to see because u am trying something different with marking levels.
feel free to give and/or suggest advice on anything.
$LCID | WEEKLY WATCHLIST 12/13$LCID 1D
Last week, we saw Lucid sell off on senior notes offering news. Bouncing off the GP, we may see potential bottom here. Wait for smaller degree wave 1-2 form first (green path) for some better confirmation. Also included a fractal path to note labelled in blue...
$LCID holding support zone too...This name to be added to the Nasdaq 100 around Dec 17... worth keeping an eye on as it holds support...
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 .
LUCID going downThere's a clear H&S on the 1hr chart. With SEC probing the SPAC $$ things could get alot ugly. Market sentiment for this stock looks bearish.
Buy during fear, sell during greed 🧐LCID seeing the pullback I predicted on my last analysis after the lower high and extreme overbought RSI resistance.
Unlike many other creators here Im not a perma short, I think logically. And I will always be this way!
clearly we are approaching big support levels, price targets from here are 42-47-55, I would consider puts/short again once we approach trendline resistance! right now thats a verify high risk play.
goodluck traders, like and follow for more 💘
lucidthis is my idea on lucid short which is why i am in on this laddering in more here. excuse my studdering as my daughter got home from school lol! but i think i explained it well enough i hope
LucidLost key support 39.20 area. Fell out of uptrend. Making bearish continuation patterns. Target as low as 28.05. Support below 32.70 tarhet 31.80 off this breakdown of symetrical triangle. I’m in a short I opened at 39.20
LCIDLcid is now in the fourth corrective wave, any bounce from the current levels is a buying opportunity (this is not investment advice, I am not an investment expert just my personal opinion)
LCID Another buy opportunity Looking at the chart right here ,
we can see LCID has been been pumped really high before ,
now its cooling down and we can see price has dropped 30% from the peak ,
this is a great buy opportunity for those who missed before instead of FOMO ,
we can wait until price dropped back to the "demand area" then we can place a buy order ,
remember to trade and invest with your own DD , this is just my thought on this stock .
Ps. LCID is a great long term EV stock
Give it a like or comment if you like this idea !
LUCIDTesla without the douche CEO...
MACD cross on the daily was bearish, expect a retrace after completing the measured move.
RSI is in the overbought territory, look for higher lows n highs for continuation and vice versa for the opposite.
Volume is high.
1.618 is your first "long" target, then your extension target.
Tesla stock price was added just so you can see what the gains would be like if that were to happen to Lucid. 20x is wild...
New Target for LUCIDLCID will come down for the same reason it jumped up..!
Previous analysis:
and before that:
you may benefit from this post as well:
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
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$LCID has lost a bit of momentum to the upside $LCID has lost a bit of momentum to the upside even though it has broken a recent trend line this instrument has retraced back to the 50% fib level I would like to see a structure build on top of the structure at this level before making the decision to buy this stock.
NASDAQ:LCID
LCID Shorting Upward ImpulsesAfter hours LCID unveiled for $1.75 Billion Offering of Convertible Notes via Private Placement. Never great for long term investors to experience such news; especially afterhours. Nevertheless, I'd be looking for any upward impulses as legs into short sided positions riding LCID down towards the 26.80 T1 area. I'd give this a 3-month window; however, I expect it to happen much soon -- the duration of 3 months just provides more time in "time and price" to meet the expecting outcome.
