CH2A trade ideas
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$. If we lost this uptrending support. I’d be looking at high 42.30s to 43 as a backtest of that consildation resiatnce
Lucid Made a great base. Popped 42 this is excellent to see. Bul flag on 1 hour support roughly 43. Looking or higher push
How To: Use the RSI to find Oversold Stocks now RecoveringWith the rotation away from some of the hotter growth stocks especially in the technology space I thought I would show you one way to perhaps find stocks where they have been in a reasonably steady uptrend, but then for whatever reason sold off significantly and are now recovering.
This video shows you:
1. How to add and configure a 20 period moving average.
2. How to add and configure the Relative Strength Indicator (RSI)
3. How to setup your own columns and filters in the TradingView Screener
4. How to set up and add files to a TradingView watch list.
5. How to add and modify trade alerts.
Hope the video was useful and you might have learnt something about the TradingView functionality you can add to your own set ups and trading.
Like if you liked something :)
The deal was closed LCID stock with a profit of 9.4% in a 2 weekAlhamdulillah , The deal was closed on LCID stock with a profit of 9.4 % in a 2 weeks.
I wish good luck to everybody.
LCIDsince the double bottom entry LCID ran up filled the gap and showed a decent profit taking level. i sold options at 54$. it retraced and now it seems to be consolidating on the 0.382 fib level. im invested long term and still accumulating. and selling calls for income to accumulate more. its possible to enter here but there is downside so i do not advise using leverage im still accumulating on spot. earnings are in march so feb it may start a run up into earnings so possibly another chance to sell options. still a hold this is a long term play. im willing to hold this for 4 years while taking passive income by selling calls and accumulating more.
$lcid 30min analysisWith a gap to fill to the upside, $LCID looks ready to visit $45 rather quickly. I will be playing the $43 level if the opportunity presents itself for a long at that price. Respect the levels.
Support: $41.00, 21 ema
Resistance: $42.00, $43.00, $45.00
$LCID acting well$LCID acting well had a big day Friday
Resistance at recent highs and all time highs
Yields rallying are a headwind to this high P/S company
$lcid After $TSLA crushed their Q4 delivery numbers, the EV sector started to heat up again. $LCID put in a higher-low at the .5 retrace ($36.93). Price is also above the 21 day ema and we are not setting up for a bullish 5-21 ema cross.
Support: $36.00
Resistance: $45.00
LCID: A Bright Spot in the DarknessLCID was a bright spot in seas of darkness. $42 is not the must hold zone for more upside.
I like it back to 48.50 and if through, a monster run back to 54.50.
Lose $35.67 and we're back down to $30.
LCID to $69?LCID had a nice break out Friday and trend moving away from the lower B-Band, seems like its heading to $69 Fib level within the coming weeks. Adding to my position here and holding. Goooooooooooo Lucid!
$LCID breakout play.LCID trading higher last Friday with no specific news. i believe is just a technical breakout.
base from the momentum indicator , buyers are still coming in. there's possibility that the
stock could continue to push up. its also sitting just above the ema line which is still good
indicator that the stock is still bullish .
day trade or scalp target play: 01 /10/22
buy above 43.35 sell at 44.35 or 45.71
buy puts below 40.10 sell at 38.56
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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Note: My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
$LCID - Rangebound Trading Until Lockup Expiry$LCID has been rangebound within this channel for the past few weeks, forming a nice little volume shelf in the process.
You can consistently trade this range and scalp a couple of percentage points each swing.
This range may become invalidated as of the Lockup Period Expiration which occurs on January 19th.
Traders beware!
LICD great future As you see in the char
we have W confirmed
the first target is 94$ maybe extend will happen to other targets
