A corrective triangle looking to enter its final leg sooner than later. Aggressive stance, as no pivot is confirmed. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more...
Opening a LONG position if we go again to the 200EMA.
BlueWave gave a green dot buy signal. Broke out a falling wedge.
LCID: Strong downwards wedge after impulsive move signals a bull flag ~ What is interesting about this graph is the VI. It showed bearish momentum but yet had increasing price action! Imagine when the VI sends bullish momentum! ~ RSI also has a lot of room to grow. ~ The only errs in this graph are the death cross on the 11th signifying a bear trend. But this...
looks like more of the same here. Zig Zag & Flat corrections until some Catalyst presents itself and LCID will pick a new direction
I have LCID running all the way up to major resistance at $44-$47
Lucid will hold a series of events for investors and the media at its Arizona factory next week. I expect that it will begin ramping up production of the Air shortly thereafter, but I also expect we'll get more details about its plans during those events.
Since 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...
I really search about it and they have really good fund in 2,3 months and wih his fund we can see minimum 100% up , lets see ....
Slightly bias on upside even thou the chart is on sideway trending since the stock received a bullish outlook from Bank of America analyst John Murphy, who set a $30 price target on the stock.
Will be interesting, LCID has a history of filling the gap, something we could see happening, but is also forming a bullish consolidation. If it doesn't break out/down before theta is priced in from this weekend, it could be a great spread.
After Lucid Motors had set a high top again in early July, it has since then started a decline (-13% in a month), a Head and Shoulder pattern has also developed in the months of June/July formed which has reached its price target and has even gone a little deeper. This decline fell nicely into a Descending Broadening Wedge. at the bottom, an upward triangle forms...
Morgan Stanley's set $LCID Price Target of $12 (Adam Jonas price target), we may see the price going down a little bit after this update.
Clear consolidation over the past 4-5 months even after the merger, decent spread between support and resistance as well. Putting some money to trade the range.
This chart has been fairly predictable for the past year, however as we start to shape up the larger degree wave count, I've decided to alter this from an expanding diagonal to a typical impulse. The main thing shaping this is the action for wave 2 which appears to be a flat. Under this premise, we have subdivision of wave 3 underway. It appears to be an expanded...
Sudden surge up at the turn of the year, and then quickly crash down after slightly more than a month. Looks like a pump and dump in action. Will have to dig into the company's background and fundamentals to see what's actually happening. From technical point of view, it is unlikely that this stock is heading up any time soon. Price broke below the recent $23...
Been stalking this chart for 2 months waiting on my buy zone...and here it is! While a possible wick under our long-term support is possible my buy zone will still sit at $21.00. Our lines of support and resistance have been respected 100% of the time so far within this pattern, so I like the odds for this trade. In the event of a breakdown of this pattern, I will...
Hello Money Makers! LCID is approaching another key support zone. This area has proven to be a great place to go long in the past. A lot of great news has been coming out about this company in relation to Tesla. I see them being one of the next leaders in EV, along with a few other options I'm sure you're all aware of. Let's see if this support holds. if not, we...