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nah0
Jul 29, 2021 4:27 PM

LCID bullish  Long

Lucid Group, Inc.NASDAQ

Description

if LCID holds $23.50 inverse head and shoulders may play out for a %100 return
I like the LCID company it is an investment for me but looks good short term
I also don't trade with stop losses
Comments
LyricallyDriven
Got in at 22.3 was hoping we would base above, Monday is going to be exciting. Opened my position when it was still Churchill capital, I think this is an amazing long play.
nah0
@LyricallyDriven, i dont like buying the SPAC unless its right at net asset value so i waited i like LCID I think the long term is convincing
kevinkostyk
Unfortunately it looks like 23.50 did not hold...
nah0
@kevinkostyk, no worries :)
kevinkostyk
@nah0, So you still think we're going to get an inverse head and shoulders?
nah0
@kevinkostyk, no based on technicals the pattern is nullified. im just comfortable with holding the company
sycaway87
@nah0, could be a turn around very soon. somewhere between now and 21$
nah0
@sycaway87, possibly
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