CH2A trade ideas
$LCIDLCID is trading on the support level this April at $17.62 same price of last April 2021. I believe the proce will trade above $20 for these reasons:
- Biden administration announcement $3B to support the domestic battery production.
- SAUDI ARABIA has agreed with Lucid to buy up to 100k of the cars during 10 years.
- MACD & SMA shows the price up direction.
Hopefully the Earnings support us.
LCID in a support zone! LCID is trading in a support zone below 21, and 50 EMA. Hoping not to break 16 USD, as main support. Breaking this level could drop it to 14 USD. Keep watching the price closely and hope for trending upward into high level.
the most likely scenario! lcid should bounce off support again!
I will be surprised if support breaks, great risk reward entry for longs down here.
Targeting 23.68-28.95-43 with stop loss below support
strategy for LCID friday 04/28/2022hello trader: LCID starts bearish opening then changes bullish but, for several days it has been within 52wk low indicating more bearish opportunity. bearish entry below (18.72) we can see it in the post market
in case of market reversal, bullish entry can happen only above (19.08) next resistance (19.45) (19.98)
Lucid Volatile trend. If we can control 17.26 without closing a weekly below and confirming as reistance. Why not buy support. May not rally right away of course but the trend channel is clear for now unless proven otherwise. Buy fear. Maintain an eye on postion if it closes velow 17$ and starts falling that support close it. Otherwise it’s a good level
LCID!We see a sell setup on this stock.
The sell setup could extend.
Trade with care use a stop loss.
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
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LUCID It has crossed the shaded area as shown on the chart. The targets are from it, we enter a correction to its maximum limits. It is clear on the chart, including a bullish wave. The analysis cancels when the third area is broken by closing a 3-hour candle below it or closing above the third target, an hourly candle.
Lucid LCID Intraday WeaknessLucid stock LCID traded lower Wednesday and still showing more probable weakness to come after confirming the hourly reversal Head & Shoulders
Sellers may drag the prices lower to $22.00 - $21.25 support levels consecutively.
Lucid RED alert. More weakness My trade idea worked out but we hit my target and rolle over. I did exit for a small profit but def didn’t do what I thought. I expected a bigger momentum move. This might e even weaker then I expected. Breaking key support of a larger pattern. I’d we come back to retest 24.30z I may put in a short gere a few months out. This could be back in the 20s or lower if this cannot reclaim 25s …..
Target is 18.68 if we confirm that breakdown
Lucid We as a fall a bit lower then my 25$ idea but I am loaded up and added this morning. We have hit the lower support of a larger daily falling wedge. We are hovering below 25$ but making a nice symetrical triangle. Resiatce around 25.15 let’s look for a 15 min candle body closed aove 25$ or 25.15. This could target 25.55 and ultimately up towards 26$.
Lcid We got a nice push but now have reached out key resiatnce. This could pull back a lot or create bullish falling wedge. We need to be prepared for either Scenario. 2524 has been the level of interest and support. If we can pull back to that level and control it. The next push could lead us out of this pattern finally. If we break up above 28.30s after some
Sideways price action lucid could see a bigger pump with a target of 34$ but for me 25.24 is more likely as of now
LCID - If you like to be early bird
Constructive volume with reclaim of 9 EMA and more importantly mid BB
3 Day chart shows EMA rejection, but that could mean near term weakness - even if it finds bullish flow in the short term.
Ideal long entry for me would be around 21 with SL as 20.0 (lower if you have bigger risk appetite)
short term target would be around 40. (where VMA would be if the trend reverses. Pullback around 43 would be the safest bet if you are a LT investor.
(LUCID 1D) Long term super fresh If Lucid manages to hold $17.38 level we will probably see a continuation long term
EV will take over at some point. When we find happy energy lol
Early is better than FOMO 3 years later
The trade I have written out is Risking $250 to win $1500 with an initial deposit of 500
If the trade begins to start going in our favor i will add more to the position
Happy Trading
Recap: 3/24 LCIDStrat play 4/1 24p
Setup: 2-1-2 bearish reversal
Theoretical gain: 1.05 -> 1.35
Would've been good for a stock swing.
Choppy market + I went to bed after seeing the large indices stuck in yesterday's range.
LCID - Active sequence target 18Trend is clear down...holding daily EMA barely, but a bad news likely to hit to push this down to 18...should see decent bounce there, but EV names appear vulnerable.
Recap: 3/17 LCIDStrat play 3/25 25c
Setup: 2-2 bullish continuation
Actual loss: 0.84 -> 0.81
Theoretical gain: 0.84 -> 0.94
Triggered and hit. I exited early.
strategy for LCID monday 03/21/2022LCID: we only enter to buy above (26.25) possible profit taking in resistance zone (29.04) (30.12) its Imp V LOW
LCID: In case of further decline, bearish entry below (25.50) await break of support (24.65)
