CH2A trade ideas
strategy for LCID Thursday 01/20/2022LCID: sell zone ( 42.40 ) ( 42.00 )
bullish continuation price ( 42.80 )
LCID: buy zone ( 39.60 ) 39.20 )
bearish continuation price ( 38.80 )
Lucid Group Analysis 19.01.2022Hello 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.
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luciddont let this price action scare you out of this potential trade.... get ready, becuase if what i see is correct, lucid about to blow to new highs after this pull back
LCID price As per Harmonic analysis, Lucid correction by 50%
21$ is target to purchase the share again
$LCID - Caught at Supply, Lockup Expiry Approaching$LCID is currently caught at a supply zone leading into lockup expiry.
Things could get ugly fast come Wednesday. It's highly unlikely we break to the upside.
LCID, 30 min LCID , 30 min Bat Harmonic Shape
--------------FOR OPTION CONTRACTS --------------
15-30 Min Chart = Min 1 Month, Hold 2-3 Days
---------------------Disclaimer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
$LCID Snipe!-Looking for a bounce back up to $47+ if we continue movement
-If we continue down I will be looking for the $39.90 break
- Ready to play both ways... options are worth it on LCID
$LCID Bearish Head & Shoulders w/ billion share lockup Wednesday$LCID short idea bearish head and shoulders with multiple rejections shown, had a small relief bounce and someone circulated fake news about an aapl partnership that gave it a small push before it was breaking down again today. Billions of shares for sale after lockup on Wednesday, likely lots of pressure on the stock to come.
$LCID - Short Into Lockup ExpiryI will be entering a $LCID 2/18 36P @ 3.1 as a technical and fundamental trade.
Share lockup expires on the 19th, meaning over one BILLION shares will be unlocked and have the ability to be sold on exchanges, adding immense downward pressure.
Furthermore, we're at the top of our rangebound channel, meaning a technical rejection is highly probable.
To top it all off, the market is incredibly weak and choppy at the moment, adding increased downward pressure on the stock.
Will look to add to my position if conditions are favorable come Tuesday. Setup is invalidated above 45.
LCID - AnalysisIf you follow my trading strategy you should follow these rules:
1. Money management: never ever risk more than 2% of your account on every single trade! (Never risk any more than you can afford to lose)
2. Always use a stop loss order.
3. Always make your own analysis before you follow my strategy.
4. Follow Rule 1!
5. Remember Rule 4!
Lcid If we can control 43.19 roughly this will be a bullish backtest of a previous bullflag This is critical support right here abd holding would be extremely bullish.
strategy for TSLA THURSDAY 01/13/2022LCID: sell zone (47.20) (46.80)
strategy: in the event of a sel zone break, the bullish continuity price 47.60.
bearish entry: opening below the sell zone, we will confirm the downtrend below mv 200 in 5mn, we also have mv 50 on the daily chart .... the market will have the last word
Lucid Group Lucid Group forming and ABC pattern
Entry, Target and Stops are clearly defined on the chart.
Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers.
Lucid's Chief Executive Officer Peter Rawlinson, formerly served as VP of Engineering at Tesla, and Vice President Derek Jenkins previously worked as Head of Design at Mazda North America Operations. The company has seen investments from Tsing Capital, Mitsui, Venrock, JAFCO, and others
The company rebranded to Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle.
On November 29, 2016, state and company officials announced the planned construction of Lucid's US$700 million manufacturing plant in Casa Grande, Arizona, which was projected to employ up to 2,000 workers by the mid-2020s, initially building 20,000 cars and expanding up to 130,000 cars per year. The factory was then to be designed to support a maximum capacity of 380,000 cars per year. As of November 2016, the company had planned to break ground in 2017, and have cars in production by early 2019.The first vehicles began rolling off the assembly line on September 28, 2021.
On September 17, 2018, Lucid Motors announced that they were in talks with the Public Investment Fund of Saudi Arabia for a funding valued at over US$1 billion. The investment was completed in April 2019. The investment will fund: the final engineering and testing of the Lucid Air model; the first-phase construction of its manufacturing plant in Casa Grande, Arizona; the commercial production of the Lucid Air; and Lucid's worldwide retail strategy, beginning in North America. Construction of the plant began in late 2019, the first-phase was completed in December 2020. The second-phase construction is ongoing and will increase production capacity from 34,000 to 90,000 vehicles a year. The completed factory (4 phases) will have a combined manufacturing capacity of about 400,000 cars per year.
In February 2021, Lucid Motors announced a deal valued at US$11.75 billion to merge with Churchill Capital Corp IV, a publicly traded special-purpose acquisition company (SPAC). CEO Rawlinson announced Lucid's intention to produce its Project Gravity SUV by 2023, then offer a competitor to Tesla's Model 3 by 2024 or 2025.
In July 2021, The Wall Street Journal reported that the Public Investment Fund will own over 60 percent of Lucid when the company goes public. The fund will record a profit of nearly US$20 billion from its investment in Lucid in 2018.
Lucid began building its first all-electric Air sedans in Arizona in September 2021 and started delivering them to customers in late October
Lcid My calls are up 50% I took one at 47 my target is 48.23 and 1.618 of this move lands us at 49 ish. Watch 48-48.23 as potential resiatnce
A pullback would be niceI would wait for a pullback before making a new entry. Anywhere below 40 would be good.
LCIDTTM squeeze played out very nice... huge move.. thinking we see 48 after op-ex. Huge move so far
LCID to $77+ lets GoooooooooooGet on the ride with Lucid to $77 with this potential cup n handle formation. Fib extension levels match the PT of $77ish levels.
LCID !! :) am holding lucid from $19 and I was adding in each drop as per my chart, The stock is going as per the plan, I haven't published the chart at that time and was trading silently, Now I can say 2022 will be lucid only.
The above chart is as per Eliot,
Lcid , lucid motors “ update “ Lucid still targeting a New ATH
That’s only matter of time !
- Scenario canceled : 33.7$
Lucid Bullish push out of consilidation. Created a great base in what was previous resiatnce. Could be gearing up in a contiuation pattern here. Ascending triangle. Next push up with a target of 47$. If we lost this uptrending support. I’d be looking at high 42.30s to 43 as a backtest of that consildation resiatnce
