LCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a
Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried
to raise cash by selling cars under cost. I would be afraid to buy a car from a company about
to head into bankruptcy. Anyway, time to buy LCID for now, it has a...
Lucid Motors ( NASDAQ:LCID ) has exceeded market expectations for first-quarter deliveries, showcasing resilience in the face of challenging conditions in the electric vehicle (EV) market. The luxury EV maker reported delivering 1,967 vehicles, surpassing analysts' estimates of 1,745, despite headwinds in the industry.
One key factor driving Lucid's performance...
LCID: Time To Rise Again
The price went down again in the pattern completion zone after hitting the first target and rising almost +25%
Considering that the harmonic pattern proved to be very strong the previous time it is rising the chances that it can push the price up again.
🎥You may watch the video for further details📺
Thank you and Good Luck!
LCID is in a falling wedge pattern again on the 30 minute chart. Eventually it will break out over
the pattern. It has been in a simlar pattern in the recent past. This is now basically a tall bear
flag in its consolidation portion. While price could go even lower, reversion to the mean says
that it will retrace. The Fib tool suggests 3.35 over an...
Lucid ( NASDAQ:LCID ), the luxury electric carmaker, has announced that it is raising $1 billion in capital from Ayar Third Investment Company, an affiliate of Saudi Arabia's Public Investment Fund (PIF). The investment by the sovereign wealth fund has sent Lucid's shares up by nearly 20%, highlighting the advantages the company has in the race for survival...
LCID in a Bullish Harmonic Pattern
The price completed a bullish harmonic pattern at 2.68
We have seen LCID in a downtrend for a long time.
The pattern created at this moment is indicating for further growth during
the coming days.
If the price doesn't move below 2.50 the chances will get higher to reach our targets.
You may find more details on the...
Just working with fibs and trends, I see a potential entry around the $2.65 level. There are a number of confluences that make this a strong consideration. As always, I'm keeping this as short as I can while sharing important information. I'd like to know what you think.
#LCID
it has a good reaction at the price of 2.60 $
if it managed to stay above this price
the targets will be
-3.67
-4.3
-4.97
The best area to look for buy is the correction to 2.85-3.00 $ area.
manage your risks
if you like this idea give it a boost
According to my time cycles calculation I'll be watching the 12th of March for a POTENTIAL rally for #LCID
and if we merge this with our analysis in the "Related ideas👇" you can know how to mange it and when this idea will fail
so trade safe ..... and FOLLOW ME
I posted earlier that the price retest of 2.85-3$ area can give us price action for the upside
now we can see a rally of around 15 % to the upside from that area.
if the price manged to keep the bottom of 2.85 $ area i can see another move in the lower time frame as painted in the blue arrow .
so the retest of 3 $ area would be the calm before the storm .
trade...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 2.9/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
After Lucid missed the expectation earnings
Lucid keeps going down and breakthrough a resistance at 3.13
The Price is almost at the lowest again(@2.55), maintaining a strong sell sentiment.
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...
Is looking bearish in the short term here ahead of Earnings.
Notice we had a bearish upper wicked candle (first arrow) to complete the bearish ascending wedge and it recovered to print another wave up that has seen heavy sell pressure with a long wicked Shooting Star (arrow) and now a bearish momentum shakeout (arrow).
So the current chart pattern for this area...
LUCID is highly undervalued here in the 3$ zone
Most top funds hold a large % in their portfolio, wonder why? no brainer why, super undervalued, sentiment negative, in a great demand zone. Once the down-trend channel shifts, a nuke candle will come to zone $15 - 17
Then re-accumulation phase happens with taking profit and then the next run-up starts with price...
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...
