$Lucid Group (LCID.US)$ Hello, me again! I gave my extrapola...
$Lucid Group(LCID.US$ Hello, me again! I gave my extrapolation on Friday that it would fall further becos it had turned into a downtrend after breaking $38. However that didn’t happen or rather it was pulled up halfway, maybe becos of the great news that it will be listed as one of NSADAQ’s 100 companies. So firstly I apologise to those who took in my view to wait out and missed the chance to buy between $35+ and $37.50. So I’m going to give my new analysis based on this latest news.
As we know, these indices are stringent in their selections, so for the fact that LCID is chosen so early since IPO, it really shows how strong it actually is, so I’m not going to elaborate on that. Basically this gives affirmation of its strength. This will undoubtedly churn even more attention from everywhere, and likely also those investment institutions. With this foreseeable situation, people will want to grab up their shares, especially those who have been keeping track of LCID would know that this is a ridiculous low price due to recent bad news combo.
i personally will be going in on Monday with all I have, already placed order. I’m guessing Mon itself will surge quite a bit then for next few days more ups than downs and on 19th or 20th it will surge another round. After that by end of 20th’s trading or 21st, shortists will come in again to do their usual exploit and bring the price drastically down by quite a huge % but likely above $40. It may not move exactly as how I’ve described but over all I believe from Mon till 20th, it should be climbing up quite high.
This is just my analysis based on the situation and my understanding of how LCID moves in general, so there is still a chance that I may be wrong but I believe the probability is to my favour. Ok, disclaimer is not to blindly follow me but do your own diligent research and decide on your own at the end of the day.
Alright, hope this is another round for us to earn a decent profit! Good luck, everyone!
As we know, these indices are stringent in their selections, so for the fact that LCID is chosen so early since IPO, it really shows how strong it actually is, so I’m not going to elaborate on that. Basically this gives affirmation of its strength. This will undoubtedly churn even more attention from everywhere, and likely also those investment institutions. With this foreseeable situation, people will want to grab up their shares, especially those who have been keeping track of LCID would know that this is a ridiculous low price due to recent bad news combo.
i personally will be going in on Monday with all I have, already placed order. I’m guessing Mon itself will surge quite a bit then for next few days more ups than downs and on 19th or 20th it will surge another round. After that by end of 20th’s trading or 21st, shortists will come in again to do their usual exploit and bring the price drastically down by quite a huge % but likely above $40. It may not move exactly as how I’ve described but over all I believe from Mon till 20th, it should be climbing up quite high.
This is just my analysis based on the situation and my understanding of how LCID moves in general, so there is still a chance that I may be wrong but I believe the probability is to my favour. Ok, disclaimer is not to blindly follow me but do your own diligent research and decide on your own at the end of the day.
Alright, hope this is another round for us to earn a decent profit! Good luck, everyone!
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BuddyAPE : prediction for monday close price?
DeviltonOP BuddyAPE: Not possible to know but should be high since everyone wants to get in early before it takes off, knowing that the current price is huge discount.
BuddyAPE : hopefully it goes up today.
thanks devilton
NZ Egg Yolk : I am in!!!
lucky star-hold : pls pick me at 48.
DeviltonOP lucky star-hold: You can place a buy order now but remember to select yes for filling outside RTH! This is very important, else you will not be buying at 5pm but 1030pm! (SG time)
lucky star-hold : i bough at 48 and then drop. so i happy if break even.
DeviltonOP lucky star-hold: I see. Well, you may want to consider buying more since the trend should be going up now.
Hummphry : Average car price in USA is $45,031. Higher you go the less you sell. $Lucid Group (LCID.US)$$79k - $171k. $Gores Guggenheim (GGPI.US)$$38k-$52k. $Gores Guggenheim (GGPI.US)$ is going to sell their SUV in 2022 for less than a $Lucid Group (LCID.US)$ sedan.
DeviltonOP Hummphry: Yes, true but ain't BMW, Mercedes, Bentley and many more high end manufacturers still thriving, and better than those that are selling their cars at the average price that you are referring to? This thinking is very narrow, that just becos the price is cheap, it is going to be popular. There are many more factors at play here, the quality, the reputation, human psychological mindset etc. So I'm not going to be worried about the price of LCID sedan.
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