CH2A trade ideas
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$. If we lost this uptrending support. I’d be looking at high 42.30s to 43 as a backtest of that consildation resiatnce
How To: Use the RSI to find Oversold Stocks now RecoveringWith the rotation away from some of the hotter growth stocks especially in the technology space I thought I would show you one way to perhaps find stocks where they have been in a reasonably steady uptrend, but then for whatever reason sold off significantly and are now recovering.
This video shows you:
1. How to add and configure a 20 period moving average.
2. How to add and configure the Relative Strength Indicator (RSI)
3. How to setup your own columns and filters in the TradingView Screener
4. How to set up and add files to a TradingView watch list.
5. How to add and modify trade alerts.
Hope the video was useful and you might have learnt something about the TradingView functionality you can add to your own set ups and trading.
Like if you liked something :)
LCIDsince the double bottom entry LCID ran up filled the gap and showed a decent profit taking level. i sold options at 54$. 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.
$LCID breakout play.LCID trading higher last Friday with no specific news. i believe is just a technical breakout.
base from the momentum indicator , buyers are still coming in. there's possibility that the
stock could continue to push up. its also sitting just above the ema line which is still good
indicator that the stock is still bullish .
day trade or scalp target play: 01 /10/22
buy above 43.35 sell at 44.35 or 45.71
buy puts below 40.10 sell at 38.56
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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$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!
LCID: Recapture of channelLCID: Potential for another run to upside after recapturing initial KL at 20SMA. A similar channel was observed in September 2021 after basing for over two quarters. LCID is named as one of the top EV vehicle manufacturers favored by analysts for 2022. KLs: 38.45, 42.82, 45.12, 47.64 // ATR: 3.64, Beta 1.04
$LCID Fibonacci Time results in Volatility $40⏰
Key Levels $40 + $42.50
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
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LCID Swing Trade Idea - LongThe EV sector, as always has been hot and people are looking to make Tesla kind-of-gains, and so people are looking at alternatives / competitors.
39 -> 55 is my long, and depending on how it holds at that price level, may look to go short via put to ride a possible strong rejection at that price level.
Technicals:
-Swing low to high (fib)
-Confluence at high (volume profile and resistance)
-Fractals bullish
-About to cross 200 ema (1 hr view)
This is my first published trade idea. Please let me know what you think!