Upside limited from here as we conclude wave 3! Waiting for the anticipated wave 4 pullback which should be buyable. Wave 5 target is $64+!
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Shares of American electric vehicle manufacturer Lucid Group Inc (NASDAQ:LCID) opened higher Monday after the company delivered its first dream edition vehicles over the...
This one has been a monster recently. I personally swung calls since Friday and took my profits for a healthy gain. Sitting out until wave 4 satisfies.
Welcome to a continuation of my Lucid Group analysis :) With the help of this analysis I would like to determine the price targets of a wave 3 with the help of the Elliot wave theory. As we can see in the weekly chart of Lucid Group, wave 1 is already formed: 0 = 02.11.2020 / 9.60 USD 1= 18.02.2021 / 64.86 USD. This was followed by wave 2 with an ABC...
I really like the bottoming pattern in this name , we are long and have a price target of $50
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...
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...
Lucid on track to repeat a bull run for next 2 weeks. With Histogram poised to enter the positive territory. The Momentum indicator showing reversal and moving towards neutral and positive territory. We are on track to repeat the price action starting 18 May 2021. Expecting the Buy signal to be triggered on Sep 16 2021 with a price target of $27
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...
Lucid Group looking like it’s ready for its next move as it comes to the end of its symmetrical triangle. Price sitting on the 200MA MACD flat. RSI below 50. Wait for the break to the upside or downside before getting in. Keep this on your watchlist. - Factor Four
not a financial advisor
overold on MACD; RSi and stochastic
Lucid - CCIV - Confirming bullish trend! $50 target? We will see?
Ticker change will bring some extra hype here, but this all comes down to the company being able to back up their talk regarding 2021/2022 deliveries. I'm fully expecting this to test $30-$35 leading up to the official ticker change.
Adam and Eve pattern looks to have broken out
Although it's possible that the Lucid merger could result in a common "buy the rumor, sell the news" scenario, given how beat up the stock has been in recent months, this scenario seems less likely. Furthermore, the coiling price action right next to a major resistance line in the past trading day suggests that bullish pressure is building.
by iCantw84it 05.25.2021 SPAC Churchill Capital IV gains after Lucid Motors tweet about event tomorrow May 25, 2021 12:06 PM ETChurchill Capital Corp IV (CCIV)Churchill Capital Corp IV (CCIV)By: Josh Fineman, SA News Editor3 Comments SPAC Churchill Capital IV (NYSE:CCIV) rose 3.6% after a Lucid Motors tweet about a Lucid User Experience event tomorrow. Electric...