Lucid Motors ( NASDAQ:LCID ), backed by Saudi Arabia's investments, finds itself grappling with challenges as it slashes prices amid a slowdown in demand. The company's recent revenue report has raised eyebrows, indicating a bumpy road ahead.
Amidst the swirling currents of the electric vehicle market, Lucid Motors ( NASDAQ:LCID ) stands as a beacon of ambition...
PIVN on the 15-minute chart was trading up against the dominant supertrend from last
Thursday. Mid-morning price hit the resistance of the intermediate term mean anchored VWAP
and reversed as suggested yesterday by the bearish divergence on the zero-lag MACD.
Tomorrow is federal news which could increase general market volatility.
I see a short trade...
In my previous idea of January 29, I bought LCID as it broke out of a falling wedge on news from
Saudi Arabia fixing supply chain and production issues for body parts. LCID ascended the
following day to fall down on rejection from the mean VWAP band line anchored in mid-
December. On the 4H chart, another smaller and more condensed falling wedge is found...
LCID on a 30 minute chart showed a falling wedge from mid-December to late January then with
breakout which took it 30% in one and a half days. This was a previous idea. I believe the news
catalyst from Saudi Arabia prompted a burst of trader interest. The following day, the price
began another falling wedge pattern for one week. It then broke out for a 10 %...
LCID got news that its rich uncle the Saudi Arabia Wealth Fund will be assisting in the
manufacturing of large body parts moving forward (perhaps on the methodology of TSLA
to just massive molds to efficiently do so and at a far lower cost). Shares pumped today on the
news. Is it sustainable? Is there still time to buy a piece of the move?
On the 120-minute...
Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained...
All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha.
Planning to invest 30% of the desired capital in $FSR... another 40% once we enter...
Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of NASDAQ:LCID
How this chart valid for long term 📌 explained clearly based on technical #TA 📌...
After its efforts to boost sales NASDAQ:LCID seems to be Bullish. However, the 200-day Moving average is trading above the 50-day moving average.
There is no clear cut to which NASDAQ:LCID will move to but the bears are willing to takeover from the bulls.
The Bears have been pushing the share price lower, and the stock still appears to have downward...
Analyzing the options chain and the chart patterns of LCID Lucid Group prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Puts with
an expiration date of 2023-11-17,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
I think we can go up from here, momentum seems to be shifting and we may have a local double bottom. I think targeting the higher volume node and 200ma might not be a bad idea, use your own risk assessment to match your own objectives. Not financial advice!
So NIO makes electric cars and is a company from Mainland China, which means that by default it's a Chinese Communist Party state-run enterprise because of the realities of Chinese law and living under the CCP's jurisdiction.
Earnings are tomorrow morning and IV on options are juiced to 150% at the money expiring September 1 and 75% expiring January '24.
From the 1H chart, I have drawn descending and falling trendlines with the resistance
falling faster, That is to say I see a falling wedge pattern which might be typically
at the bottom of a trend forecasting an upside breakout. LICD made a small move
up in the past 3-4 hours of trading. Overall the indicators support the idea of a
reversal especially on the...
I heard something rather enlightening on Twitter recently, and it was someone who quoted some sort of analyst as pointing out "Tesla is its own market."
I think that's really correct, and really apt, especially in light of a recent analysis of the new JPM collar that dropped on Friday, where I anticipate a very violent and very major drop in the markets until...
The first thing I want to remind you of is that you should buy stocks when they're low, down, and red. Stop buying things when they're green and up bigly because you "see confirmation."
If you can't let go of this attachment to only believing in what you can see and not believing until you're shown, then the Bible story of Doubting Thomas is really something to...
FSR as shown on the 2H chart current has its price sitting near to the
lower Bollinger Band and is supported by both the mean VWP anchored back
in mid June when the price was bouncing over and under the basis band of
the Bollingers. Price is also supported by confluence between that mean VWAP
and the short term POC line of the volume profile showing...
PSNY ( www.nasdaq.com
production-race) as a niche EV manufacturer has a production schedule which rivals
LCID, RIVN FSR and others. On the 15 minute chart shows the trend down of price and
then a reversal deep in the undervalued and oversold area of the lower VWAP bands.
The MACD shows lines crossed and then ascending crossing over the zero line and...