LCID trade ideas
strategy for LCID friday 02/11/2022LCID: sell zone ( 29.40 ) ( 29.12 ) bullish entry above ( 29.68 )
LCID: bearish entry below (27.72) and support (27.42)
watch for the clear breakout past resistance 🔥lcid trying to use previous resistance as support now, if it can climb back above trend support we should see a rally to 33.04-36.09 in the near future.
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$LCID TO $22!!-Here's the bigger picture on LCID
-Looking to possibly pull back some more if not we are looking to go straight back into the downtrend
-looking for the break down below 26.31
-then looking for new yearly lows at 25.54 below that we are clear to 22.07 lvls
LCID: Where Can We Look To Buy Lucid Stock?
Where Can We Look To Buy Lucid Stock?
Basic Information
"Lucid Group, Inc. is an American electric vehicle manufacturer headquartered in Newark, California. The company was founded in 2007. Deliveries of the Dream Edition launch versions were made available to the first group of 20 reservation holders on October 30, 2021.
Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers.
The company rebranded to Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle"
In this analysis, I am going to share only the technical perspective of the potential price development.
On May-21 and September-21 the price reached it lowest level for the corrective movement.
On the first bounce price moved almost +67% higher from $17.5 to $30 and the second movement was a huge one from $17.5 to $57.5 or +227%
The price is around the same price area again and the probability is very high that we can see the same movement to be repeated.
I am looking at two potential reversal areas 27.50 and 20.50
On the other hand, you should do your own homework and dig deeper into the fundamental part of the company.
Thank you and Good Luck!
LCID - Starting to roll over
next few days will decide how if this will test ATH or flush below 36.
Technical Factors are stacking against the long thesis. Below 36, 27 will be quick.
Alternate path would be to test 47 and reject. Patience.
lcid long Long term picture for Here is the predictive wave for lcid leading digonal wave target 60>>>>good luck
lucid group in my opinion lucid geeting to up trend as we nice curve bottom also lot of thing pipeline so it will help price rise. i wouldn't buy now but will keep watch closely
$LCID TO $22!!!!-LCID is just floating in the middle right now no support is provided in order to bounce off of
-LCID looking to potentially make new lows the coming week
-We need to follow through with the downtrend and a pullback
$LCID Primed For A Bounce BackLucid is primed for a bounce back to its next area of resistance next week. Personally, I think it can break through this area as well in to 40's as long as the market in general regains bullish sentiment.
LCID Blind Date with $29?Submitting the idea that LCID could be running out of steam and has a downside target of $29. Will likely look to short any significant rallies. No trade as of now.
LCID at trendline supportLCID at major trendline support. Coincidence TSLA at bottom of channel support as well...??
Lucid Group Analysis 27.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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lucid ideaIM going to make a youtube video explaining mny thoughts and ideas on this more in depth so look into my channel for this if your interested, trading veiw only allows me 3-3.30 mins so i ran out of time
Lucid Clearly following a fractal her. We lost trend support in the past we did the same thing sending us in a sideways trend for 6-8 months. It did come back for backtest of trend before rejection. So we could come to 28.40 see a pop back to 37$ To tap trend. For a smal swing idea.
Howverr. I’d look for 6-8 month accumulation. Between 25-28.40$
Lower Levels for Lucid? Lucid Group - Short Term - We look to Sell at 35.20 (stop at 38.50)
Previous support level of 36.00 broken. Previous support at 36.00 now becomes resistance. Closed below the 20-day EMA. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies.
Our profit targets will be 24.30 and 22.30
Resistance: 36.00 / 40.00 / 45.00
Support: 30.00 / 28.00 / 20.00
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$LCID testing our double support we are testing our double support around the 33.25%, premarket is up 2%, we should hold up, cause we didn't and had at least 1h candle close below, that show us the the bearish momentum will continue till the next strong support around the 29.63$.
lucid lower we goWatching Gp but storsi says were going lower. probably wrong but feel like a big curve will form.
$LCID
$LCID
from wave trend analysis
seems like lucid target the febo area shown .
applying my new lessens from Elliot school
$LCID holding pretty well -We held pretty well at 37.75 here so this looks like it is one of the late runners about time before it catches up to everything else
-Big watch for the break will see how price reacts around that support zone
lucid updated chartwatching for gp move. still
the pull back into support let us go higher.. looking for the same again.
$LCID Key Levels, Analysis & Targets $LCID Key Levels, Analysis & Targets
REQUEST for @Googlesaur
I have no position here…but I’d consider starting off small at Target 1 and seeing where the sentiment lies when it gets there…
If I take a position I will update the trade plan…
GL, y’all…
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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.
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