EV sector, the blue line the target (around 33$), the anticipation of the company after production ( 140$).
$LCID formed a Three Buddha Top (aka Head and Shoulders) which means if it doesn't find support at $22, then it will fall to test support at the bigger $21 support line. Hopefully that would provide a good bounce, but I'll be watching carefully in case it starts heading down to $18. Might be a good time to look at some Puts and targets in mind! Usually you want...
Still watching this potential head and shoulders I see. Can still see if 22.30-22.17 will hold But if it loses and closes below we will have our answer. Next support below could go as low as 17.45 unless we do bounce in the low 22s
Afternoon Everyone! It is just and update on my last two posts on NASDAQ:LCID . I have intentionally excluded Moving Averages on the chart this time as we all have an idea what and where they are. Currently NASDAQ:LCID is trading below the 50 SMA. Which is a bearish spot in short term. Having said that, I think the stock has an upward potential. It might...
Looks to clear to not be. However still needs to close below 22$ and use as resistance. HEAD and shoulders pattern only short if confirmed close below 22$
if LCID holds $23.50 inverse head and shoulders may play out for a %100 return I like the LCID company it is an investment for me but looks good short term I also don't trade with stop losses
Hello Community! When looking at the Daily TF, LCID is currently trading in a horizontal channel and has been for a while now. This is expected based on the merge that recently happened and now with CCIV changing to LCID, I can expect this consolidation to end very soon. There is a bearish divergence on the MACD to keep an eye on. We need to see how the price...
Well, we're back at square one. Full retracement back into the magic triangle. Hope the supports line actually holds this time.
Congratulations to all who have been trading NASDAQ:LCID on the first day! This write up is a mid-day follow up on the idea that I posted yesterday on CCIV or LCID. So far NASDAQ:LCID has successfully broken the Anchored VWAP around $25.15 price level. In the morning session it broke above AVWAP's at $27.32 and $28.80 levels but could not stay above them. It...
Following up to my previous CCIV chart with a new LCID chart. clearly a breakout long-term. very happy with the results even if were to sell off today. $30-35 target short-term target within a couple weeks max.
I've consulted my tarot cards, and the moon and money bags card came up.