$Lucid Group (LCID.US)$ I think if it opens below $52, the c...
$Lucid Group(LCID.US$ I think if it opens below $52, the chances of it falling today will be very high. It will likely triggered a series of panic sell to cut lost from inexperience traders who are not familiar with LCID, esp those who buy on margins. This is where shortists will make full use of this panic and give a further pull to bring it much lower.
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丁丑 : gd
NZ Egg Yolk : I love the way you analyse LCID. Very on point. Thanks for your insights. Definitely gave direction for many to take reference from.
coolnsteady : Thanks for the analysis
DeviltonOP : I have a strong hunch that today strategy is very similar to the last huge fall. The shortists seem to be waiting for the money buying LCID to dry up first before they start to act. Hmmm... Let's see how it goes. If it opens with a huge fall, may go further than what I predicted. Guys, be very careful! Even if you see the price moving up in the 1st half hour or so, it may not be what it looks like. Buy just a small amount if you really want to and buy more after the 1st hour just to be safe. Yes, you may buy at a higher price but better than having it fall after you buy.
DeviltonOP NZ Egg Yolk: Thanks for the compliment, just glad that I can help more people to buy in at a better price but please always remember that I am not an expert at all, so I can always be wrong. Be prudent still when reading my analysis and form your own to make your final decisions. Market is always unpredictable, any enormous purchase from Ms Wood, or other huge investment firms will drive LCID up high suddenly, so there's no telling. Just take mine with a pinch of salt. Ok?
DeviltonOP coolnsteady: You are most welcome, hope it has been useful to you so far.
Ryanlearnstotrade : Agreed. It can go both ways today, so buy in a little at a time
coolnsteady DeviltonOP: yes it was useful. I still hope to buy in. thanks
NZ Egg Yolk DeviltonOP: I got in LCID in the previous wave at a high point. Holding on tight still. But if there's an opportunity to average down, I will be jumping on it. Thanks for your analysis and advice.
sloky : Actually up or down, I’m happy with both hahah. Down then buy more, up then bullish here we go!