LCID to $69?LCID had a nice break out Friday and trend moving away from the lower B-Band, seems like its heading to $69 Fib level within the coming weeks. Adding to my position here and holding. Goooooooooooo Lucid!
1LCID trade ideas
$LCID breakout play.LCID trading higher last Friday with no specific news. i believe is just a technical breakout.
base from the momentum indicator , buyers are still coming in. there's possibility that the
stock could continue to push up. its also sitting just above the ema line which is still good
indicator that the stock is still bullish .
day trade or scalp target play: 01 /10/22
buy above 43.35 sell at 44.35 or 45.71
buy puts below 40.10 sell at 38.56
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
Note: My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
$LCID - Rangebound Trading Until Lockup Expiry$LCID has been rangebound within this channel for the past few weeks, forming a nice little volume shelf in the process.
You can consistently trade this range and scalp a couple of percentage points each swing.
This range may become invalidated as of the Lockup Period Expiration which occurs on January 19th.
Traders beware!
LICD great future As you see in the char
we have W confirmed
the first target is 94$ maybe extend will happen to other targets
LCIDseems there is a good support area .
Please follow and like the idea for Support and More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love :)
lucid watching the 1 hr volume is good. waiting to see if it pulls back into support.
rsi 1 hr. over sold bounces. bullish above 50%
LCID: Recapture of channelLCID: Potential for another run to upside after recapturing initial KL at 20SMA. A similar channel was observed in September 2021 after basing for over two quarters. LCID is named as one of the top EV vehicle manufacturers favored by analysts for 2022. KLs: 38.45, 42.82, 45.12, 47.64 // ATR: 3.64, Beta 1.04
$LCID Fibonacci Time results in Volatility $40⏰
Key Levels $40 + $42.50
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice.
Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.
LCID Swing Trade Idea - LongThe EV sector, as always has been hot and people are looking to make Tesla kind-of-gains, and so people are looking at alternatives / competitors.
39 -> 55 is my long, and depending on how it holds at that price level, may look to go short via put to ride a possible strong rejection at that price level.
Technicals:
-Swing low to high (fib)
-Confluence at high (volume profile and resistance)
-Fractals bullish
-About to cross 200 ema (1 hr view)
This is my first published trade idea. Please let me know what you think!
LCID Cup & Handle. Long.Here we have LCID ( Lucid Motors ) cup of coffee brewing on daily. RSI freshly crossed into bullish control zone above 50 after 2 months of downtrend and consolidation. PT $100-110.
Good luck everyone.
Lucid. Held up great actually above a ton of 1 hour resiatnce this time. Has more room to run here just needs to pop and hold 42$ as the last resiatnce on the daily ichumchi cloud converging line
LCID LUCID - Want to get his old athLucid NASDAQ:LCID appears to be in wave 5 of the elliott waves. We just bounced off a support and a trend line. Everything looks good to fetch the $ 63.
$LCID in coming days (just an anticipation ) This is the bad scenario if delivery not reaching 520 @ end of 2021.
Bullish scenario for LUCID to $50+LUCID seems to be heading for a breakout to the upside possibly around Jan 10. Recently winning car of the year and deliveries starting their is a good possibility of price heading up to recent highs. Not financial advice do your own DD yada yada.
LCIDPushing off from daily and hourly support with a breakout of a falling wedge. Expected a move to the upside.
Long positionWell, today's move is quite a bull move and should initiate a Wave 5 up. Took a position on the long side in the morning.
lucid let it be a good start year to lucid....just we need smooth candles the rest three days ...goodluck to us....lol
Potential Swing Idea - $LCIDPreferred instrument: common shares
Entry: 35.80 - 36.90
SL 1: $35.75
SL 2: $33
PT 1: $45
PT 2: $52
PT 3: $72
Potential wave 5 setup from Sept 1 low.
If 33 does not hold, next major support is 23-27
Buy LCID 28/12/2021You can buy LCID target 49 stop loss 34.4
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
LCID and it's Future PotentialIn this chart I analyzed the key levels of LCID, along with a brief overview of it's channels, to come to my conclusion.
In the chart, I measured 6 key levels (highlighted as purple boxes) in which the stock bounced respectively between those levels. the most bottom one is the one with the strongest support, with the stock never breaking below that (not saying it could never do that, just saying highly unlikely).
Anyways looking at LCID's recent downtrend, my little channel lines showed that it broke through the downwards trend twice in an upwards momentum. This is signifying its start for pattern reversal as the highs become higher than the lows.
Looking at its future growth I measure some more possible key levels that could become a resistance level for it. Overall, in the event that it bypasses them all and goes to the highest one, there would be a profit of about 23.60%, and a risk to reward ratio of 1.93. That's if you're just planning on holding it, though; there seems like there are many opportunities to perform day trades or options on it as it seems to have high volatility, so if played correctly you could experience three times the profit or more.
Overall if the pattern breaks off and doesn't go all the way to the end, it'll be easy to spot as it'll probably bounce off from one of those key levels.
$LCID #LCID Weekly Trade ideaLcid seems to be setting up nice with the weekly inside candle. Should provide a nice R:R
Also, seems that buyer are stepping in at the .61 fib retracement after that explosive rally we saw last month.
