$Lucid Group(LCID.US)$ 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!

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