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...
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...
Lucid Group, Inc. (LCID), a company focused on electric vehicle technologies, has been demonstrating positive momentum in the market. Despite the company's recent challenges, including production and delivery hurdles, Lucid has shown resilience. Analysts currently hold a "Hold" rating on the stock, with a 12-month price target of $6.41, indicating a significant...
If the rsi can stay above rsi ma, price is headed to $4 NFA
I have been watching all EV makers closely and this hard gap down after weeks of downside makes me believe there is a short term bottom with these big names. I think all of other tech stocks will fall come Wednesday and EV makers will continue to climb higher against the market.
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 📌...
Lucid Group, Inc. is in good hand TP $10.5 buy when price above $4.5 if you want QUICK PROFIT or now at $2.71 IF you can wait during accumulation Name NASDAQ:LCID Description Lucid Group, Inc. Sector Consumer Durables Industry Motor Vehicles
Hold support = Pumpy Break support --> turns resistance = Dumpy (Target: 1000 day EMA / 200 Week EMA ~$18) P.S. Most Auto startups do not succeed during tough times :)
It would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce...
I think it is the right time now for investors to target above 200%
we can enter lucid at this point but we must keep the stop under it we can enter with target 4.1 dollar per share
we will continue to move up through the moving averages. i think 11 is a good target, after that who knows. honestly i think rivian is a more popular choice.
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...
#LCID reversal time and price gates determined using Time series and Price Gates Forecasting Indicator.