$Lucid Group(LCID.US$ In my last post I mentioned that we just need to wait for the next good news to come but I definitely didn't expect it to be so soon. Hahaha! Citibank valuation and following motorauthority.com nominating LCID as one of the best car to buy. I have a strong hunch that more good news are coming along the way very soon. The CEO is a smart guy and supported by a team of intelligent individuals, so they will probably make full use of the momentum and release some good news to lift up...
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$Lucid Group(LCID.US$ I’m observing a lot of fear and panic amongst many investors of LCID, worried that it will continue to fall further more, exacerbates by some misleading posts, so I’ve decided to share my view on LCID current situation to bring a clearer picture for you to make a sounder decision whether to keep or sell. Firstly, it is a fact that its price has fallen a lot since its zenith, due to a series of unfortunate event, starting from omicron, convertible notes and the most impacting SEC...
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$Lucid Group(LCID.US$ The huge volatility is mainly becos of the uncertainty of SEC investigation, it was exploited by the Wall Street experts to short using the fear. Nikola was fine $100mil+ so people are worried LCID may suffer same fate which is a huge amount to hinder the growth of a growing EV company. But my understanding is that nikola oversold its company ideas and plans, manipulating the market unnecessarily, causing the price to surge a lot. I can’t say if LCID will be fined or not but the...
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I started trading in June and made few mistakes which I learned my lessons from them. Hopefully by mentioning them here, it helps other fellow traders to learn from them and avoid making the same ones.
1. I was using other platforms to trade passively for many years but when I started to become more active, the difference in commission charges began to make a huge different. Before using Moomoo, for the initial 3-4 months of active trading, the total commission charged was over $3k, which took...
1. I was using other platforms to trade passively for many years but when I started to become more active, the difference in commission charges began to make a huge different. Before using Moomoo, for the initial 3-4 months of active trading, the total commission charged was over $3k, which took...
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$Lucid Group(LCID.US$ Good, seems like Wall Street guys are finally on the same page with us now. Let’s hope it goes back to near $60 by Mon end. just hope they don’t pull another stunt to lower the price again first on Mon before sending it up.
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$Lucid Group(LCID.US$ somehow it has been progressing more or less how I’d analysed so far, albeit tumultous. Hopefully it will continue to be so and we can reap a good profit by 21st. Though it is worrying now how Powell will play his card, I really don’t think he will implement something too drastic to risk a crash in the market. So if it’s acceptable enough, the market will at most do a bit more pull back then rise, maybe even rise straight away. Moreover from the past 2 days, it seems like LCID has been remaining strong in the battles with the shortists and winning it so far. If this is a good guide, we should be experiencing the same thing for the next few days. Even if there’s a fall, shouldn’t be too drastic I think. Once we endure past 18th, we should be looking up. Let’s see how it plays out, I’m also just as anxious. Once again, don’t just take my words for it! Thanks!
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$Lucid Group(LCID.US$ The price is falling slightly, likely becos of paper hands fearing the tapering announcement tomo. However I don’t think Powell will announce hasten measures to end it earlier and risk sending the market tumbling, even triggering bearish trend. There’s no benefit in this at all and would reverse the objective of their effort all these while. Moreover Christmas is coming, traders will not intentionally cause too much turbulence in the market. So as long as Powell do it at a reasonable pace, people are receptive of it. everyone knows that is inevitable, so are prepared for it. So I’m still think we should hold on to LCID for this year.
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$Lucid Group(LCID.US$ i don’t understand why shortists want to fight against us when there’s release of good news. if they wait for price to rise high then act on it, wouldn’t it be more effective? Oh well. Hope long buyers will win the battle today.
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$Lucid Group(LCID.US$ 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 $40. It may not move exactly as how I’ve described but over all I believe from Mon till 20th, it should be climbing up quite high.
This is just my analysis based on the situation and my understanding of how LCID moves in general, so there is still a chance that I may be wrong but I believe the probability is to my favour. Ok, disclaimer is not to blindly follow me but do your own diligent research and decide on your own at the end of the day.
Alright, hope this is another round for us to earn a decent profit! Good luck, everyone!
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$Lucid Group(LCID.US$ There is a high chance that tonight LCID will fall further, so those who want to buy in on the dip, it may not be the right time yet. TSLA and LCID have both broken through their strong support line and is in a downtrend now and with TSLA as the leader of EVs, once it goes into a strong trend, it is very likely the others will follow suit. So my suggestion is to stay clear first, for now look at $32-34 first. However from what I’ve gathered, this range is still just a weak support line, may or may not hold there. perhaps buy in batches like I had always did if you are worried that you may miss the chance when it reaches that price range. if it break $32, then next will be challenging $30 which should be a much stronger support line then.
Once again these are what I’ve gleaned and analysed, so I may be wrong. it may just rise tonight, so don’t just listen to what I say. Do your own research as well and make your own decision at the end of the day. Those who bought in high, no choice, just hold on to it. it will just be paper loss and LCID is fundamentally a very strong potential company, will go up fast once this downtrend is over. I’m max out for further buy but I’ll be selling all my other stocks to buy in on LCID once it reaches the bottom. There’s a risk but minimal enough and the gain will be huge, in my opinion. Those who follow LCID long enough will know that it can moves over 20-30% and even higher upon recovery from low point. so I’m betting on that to happen. 😁 Alright, good luck everyone!
Once again these are what I’ve gleaned and analysed, so I may be wrong. it may just rise tonight, so don’t just listen to what I say. Do your own research as well and make your own decision at the end of the day. Those who bought in high, no choice, just hold on to it. it will just be paper loss and LCID is fundamentally a very strong potential company, will go up fast once this downtrend is over. I’m max out for further buy but I’ll be selling all my other stocks to buy in on LCID once it reaches the bottom. There’s a risk but minimal enough and the gain will be huge, in my opinion. Those who follow LCID long enough will know that it can moves over 20-30% and even higher upon recovery from low point. so I’m betting on that to happen. 😁 Alright, good luck everyone!
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