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...
Thank you as always for watching my video! Please feel free to like, share, and comment on this video!
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...
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