1LCID trade ideas
Entry LCID@ $24 Target $660 Jul 5, 2023Lucid Group, Inc
Entry LCID@ $24 Target $660 Jul 5, 2023
Entry LCID@ $23 Target $660 Jul 5, 2023
Entry LCID@ $22 Target $660 Jul 5, 2023
Technical Chart Anaylsis Conditions:
1. Break-out of Channel $67
2. Pull-back towards $18
3. Ideal Entry $18 to $25
4. Target $150 to $2,500 Range
5. Merger IPO Nasdaq Completion
Fundamental Assets Descriptions:
Lucid Group Inc. ... Lucid Motors is an automotive company that specializes in electric cars.
The company sets out to create a car that elevates the human.
$LCID now trading on Nasdaq
Company Website: www.lucidmotors.com
LCID short-term LONG PlayThis stock has potential of reach its $45 highs as more riskier plays are being played more and there is also a lot of volume coming in the stock.
Not only that, but the company has set to deliver their vehicles by end of October which would a great catalyst for the stock.
I can see this stock going to $45 but first it has to break the $28 level then break the $33 level which then would open up the possibilities for $45.
For an accurate target, I would say $32 by end of October would be reasonable.
LCID end of week $30News:
Last week we heard the fantastic news that the Lucid Air Dream Edition received an official EPA range of 520-mile.
Technical Analysis:
Last week, $LCID
* ended above the 50 moving average AND the 200 moving average,
* broke out the descending trending line,
* ended above the volume profile visible range (VPVR) point of control (POC),
* volume started to really ramp up,
* the MACD crossed (and stayed) above the signal
* RSI in the green
To me, except if we have a market correction across the board, $LCID should continue to move up and reach its resistance at $30.
strategy for LCID friday 09/24/2021(LCID buy price 25.60)
(LCID sell price 24.60)
strategy: have a bar inside if the opening is above the buy price we must wait for the break of the maximum 26.13 of the closing candle of the daily chart. always wait for confirmation.
for a bearish entry: if the opening is above the buy zone, we must wait for there to be a break of the 24.62.00 low and the sell price, we wait for the retest at mv 9 or 10, 5mn chart period, remember not to anticipate.
Lucid Motors - Ready to break out? Will it become the Apple Car?Lucid Motors - Ready to break out? Will it become the Apple Car? Or is this wishful thinking? Could Lucid want more available share in order for APPLE to become the controlling investor in LUCID. We know Apple wants to get into the EV industry. We know Tesla was not interested in selling to Apple. We know Lucid is interested in some sort of partnership with Apple. It seems logical for Apple to just purchase Lucid and have a head start on the whole car manufacturing process. This is just wishful thinking. This could never happen. Or could it? Edutainment Purposes Only.
LCID - GAMMA Fail aheadSince Lucid introduced the Lucid Air... I've wanted one.
That was 2016. I enquired then as to purchasing one.
Nearly 6 years later... and Nada, Zero, Zip - From Slack to Spac.
What a shame, something so promising is DOA.
They will not meet their Goals for Delivery and continue to light
CASH on fire.
Years late and Billions short.
The Degenerate Gamblers loaded the woodshed on CALLS.
A high for Lucid is in range, we are SELLERS of Lucid as Objectives overhead
are met.
We believe LCID will trade to $10 or less.
What a shame about Lucid... it was such a story, now it's a storied Company.
LcidFound it’s self in the same consildation pattern. We could see it hit 27.64 as high as 30$. I would be cautious as we have trended in this channel for a while. We did have a big wick below support as when posted lucid dropping from 24.50 I was calling for 17.40. It was still a great buy if anyone bought down there. I’d be looking closely as we approach this 27.64-30$ range we could get rejected as we always do in this range. If we could
Hold support above and go sideways it could set up for something bigger, but this range has been know to reject