LCID Lucid Motors going for a bounceLucid Motors Short term going down, looking for a good entry for long term around $ 30 to $40.
1LCID trade ideas
LCID chart update Update to the earlier chart study.
Script on its final leg of correction. E wave in progress of ABCDE correction.
LCID Script has completed the impulse and it is expected to do a complex correction ABCDE before it breaks the historic GAP.
Depth of correction is the target to re-enter long long position, which may give the all time high as a target.
Price action enters complex correction it may take some time to break 57 levels.
LUCID GROUP Will Keep Growing! Buy!
Hello,Traders!
LCID stock is trading in an uptrend
And the pair, which is trading
In a rising opening wedge pattern
Has retested a rising support of the wedge
And showed a bullish reaction
So all the signals point in one direction
And I think that the growth will continue
Untill the pair retets the all-time-high resistance
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
LCID Getting tightWatching this big Symmetrical triangle as price gets tighter inside it.
$53 is a pivot to the upside in my opinion,
Watching price consolidation above it.
$LCID | WEEKLY WATCHLIST 11/29Following Tesla's chart very well and have been tracking the two together. Looks to be a wave C in progress. Still waiting patiently before pulling the trigger to go long on this one.
LCID some upside after consolidationDerived from Twitter, chance for anotehr leg up if we consolidate here for a while.
If current market weakness doesn't cause bigger drops... let's see how the week ends.
LCID looking bullishLCID looks bullish imo
Patterns and indicators look good
Just my opinion not financial advise
Lucid short Looks like Wave 4 of Overall 3rd Wave. We are currently in C of ABC. Looks like a regular flat and looking for about 44-45$ by November 29th-30th. So should bottom early next week and begin wave 5 of overall 3. Price target is 73-75$ to end overall 3.
Wait and keep Watching2 possibilities for the current correction 1. abcde triangle, in that case the next reversal would be around $44. 2. abc, where we might see $40 as the low. Need to wait before entering a new trade
Support & Resistance Zones Mapped!LCID had a nice run. The Bears have rejected the upward momentum twice but LCID is still looking strong based on the S/R zones shown. Do you think it will pump through the current resistance or will it dump below the diagonal support shown? I think it will touch the diagonal support but after that, I'm not too sure. A great EV company overall, so let's see how it plays out.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
a correction is very possible scenario here!🍿hello traders lets take a look at LCID chart today!
currently in this strong trend channel, but every party must come to a end at some point.
on this smaller 4hr timeframe we can see lower highs while we approach trendline support! once that breaks theres not much support left.
on the bigger timeframe we can see another lower high! bulls couldnt push for the all time high breakout.
price targets are 40.65/30.06/19.47
goodluck! like and follow for more💘
LCID short ideaI have been following $LCID for a while now and I think I spotted the top of this bull run. The elliot wave count is done at the extended fifth wave (I removed the minor waves of the extension cuz the graph looked messy). In addition to the count, there is a bearish divergence on the RSI in the daily chart. Second wave usually retraces 61.8% so that is where my PT is. Good luck in your trades.
$LCID | WEEKLY WATCHLIST 11/22Although we got a strong bounce towards the end of last week, still a bit skeptical going long. We are either still correcting in wave 4 (my preferred count) or starting wave 5 (confirmation is break over $57.75). Still needs time to develop imo.
11/21/21 LCIDLucid Group, Inc. ( NASDAQ:LCID )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $55.21
Breakout price trigger: $57.50
Buy Zone (Top/Bottom Range): $52.50-$47.90
Price Target: $64.70-$66.00
Estimated Duration to Target: 17-21d
Contract of Interest: $LCID 12/17/21 60c, $LCID 12/17/21 65c
Trade price as of publish date: $5.80/contract, $4.50/contract
Lucid DreamsKeeping it Simple, just following my chart. A key area is that yellow circle to the bearish side. So Far looks bullish.
$LCID Lucid Motors TA - Upcoming Week$LCID Lucid Motors TA and what to expect in upcoming week:
RECAP:
- We can see that Lucid Motors has broken the Resistance line and reversed from the $58/s range.
- Stock after correction bounced at the $42/s range and rose back to $55/s range last week.
- There was an RSI Divergence followed by a large price correction.
- REMEMBER always look out for RSI Divergencies.
- If you follow me I will always lay out the RSI Divergencies when I see them and publish it right away.
NOTES:
- IMPORTANT: Keep an eye on the $50 level range, as it is very important:
-- IF the stock bounces off the $50 level range, it will up-trend towards $58-$60/s range.
-- IF the stock BREAKS the $50 level range it will down-trend towards the next bounce at the $42/s
FUNDEMENTALS:
- We typically do not do any FA here, but very important to note that right now stock futures are -200pnts as I write this.
LCID94$ PT on LCID if it can continue strong and break above it's past highs.
LCID and TSLA should remain strong along with names like FSR , F , XPEV
Not too confident on NIO yet.
#LUCID Cup and Handle formation $71 #lucid long term Cup and Handle pattern prepping for long term target of $71 followed by $99.
20-11-21 UPDATE LCID 21.1% GAIN FROM BUYING AREA
I think price will correct again between 49.21 - 47.15
it will be another chance to buy more ..
LCID 15 minDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
