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Lucid Group, Inc.
Long
Updated

LCID - Could Be About To EXPLODE!

1 536
Technical work through of my bullish bias for LCID.

Enjoy 👍.

Not advice
Trade active
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Also leave a comment if you like, even if its to tell me I dont know about EW 😅.

Thanks guys - GL in your trades 👍
Note
TLDW: LCID is a very dangerous name in what might be a perpetual bear market.

But this is an area of highest probability for a significant breakout.

If the Golden Window ratio band breaks and price prints a lower low I will be out.

But until then, I'll let the trade run ✨
Note
LCID

Has popped above the 2.272 Golden Window and might just be nearing a breakout 🤨.

snapshot
Order cancelled
Limp uptrend into an upside shakeout has bearish potential.

snapshot

And stock indexes may be entering a high time frame wave down upon more tariff news re Europe.

So this is above where I made this thread and you could hold if you're feeling adventurous.

But I am 100% flat in this area and will wait to see where stock indexes get to - perhaps a fair way lower
Note
Just had a 38% pop on Robotaxi deal.

In low time frame, this is just above local resistance.

But in higher time frame, it has been hanging around the long term 2.272 Golden Window for a long time.

This may signal that it is worth staying in trade.

Congrats if you held this one 👍.

snapshot

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