LCID - Lucid Group, Inc. - NASDAQ

[Dr PennyStock]

Daily Chart: https://schrts.co/RkhKNfAH

Weekly Chart: https://schrts.co/KeicjJXv


News: https://finance.yahoo.com/quote/LCID/press-releases?p=LCID


Business Summary: Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies.

The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems.

As of June 30, 2021, it operated eight retail studios in the United States.

The company is headquartered in Newark, California.


Company Website: https://www.lucidmotors.com

[Smitty]

Glad you opened this thread too!!!!

[Dr PennyStock]

Glad you opened this thread too!!!!

The DOW closed green, gaining 564 points, so I think it may help stocks like Lucid next week.

[Dr PennyStock]

$26 seems to be a strong support. If the market stabilizes, it will recover very quickly.

[Dr PennyStock]

LCID confirmed a double bottom today.

[Dr PennyStock]

LUCID looking good today, with lots of momentum and buying pressure.

[Dr PennyStock]

It has broken the PAR SAR as resistance, and should recover to 22.5 in the coming days.

[Dr PennyStock]

It will pullback a little today, because the DOW closed yesterday touching two strong resistances, so today it will follow the market.

[Dr PennyStock]

It may recover to 21.79, if the market continues to recover on Monday.

[Smitty]

https://www.marketwatch.com/story/soros-fund-doubles-down-on-rivian-bet-buys-stakes-in-lucid-nio-11652478908

I don't like the idea that this asshole's fund is in one of the stocks I'm in, but how many Billionaires are in LCID for hundreds of millions each, so far? I've lost track.....

[Dr PennyStock]

https://www.marketwatch.com/story/soros-fund-doubles-down-on-rivian-bet-buys-stakes-in-lucid-nio-11652478908

I don't like the idea that this asshole's fund is in one of the stocks I'm in, but how many Billionaires are in LCID for hundreds of millions each, so far? I've lost track.....

It is good news, Smitty. I also do not like the guy, but, it is positive for the stock, no doubt.

[Smitty]

Looks like NIO jumped about .80 or so a share about the time this news came out too, may have to eyeball it for a few days. I'm several $100K deep in LCID, but may have to give NIO a second look as well.......

[Smitty]

Doc, I never was that great opening a new topic, if you get time could you open one on NIO? Might be something we should keep an eye on.

[Dr PennyStock]

Doc, I never was that great opening a new topic, if you get time could you open one on NIO? Might be something we should keep an eye on.

I will do it tomorrow.

[Smitty]

Doc, I never was that great opening a new topic, if you get time could you open one on NIO? Might be something we should keep an eye on.

I will do it tomorrow.

Thank you sir!!!!