$Apple (AAPL.US)$ 1. Entering incorrectly means entering the stock market in the wrong direction, at the wrong time, or at the wrong position.
2. Missed entry means taking a cautious approach and not entering the market when you should.
3. Slipping incorrectly means leaving the market in the wrong direction, at the wrong time, or at the wrong position.
4. Loss of grip, that is, the practice of holding positions stubbornly and resisting for a long time when leaving the market when you should open positions.
5. Over-capitalization, that is, exceeding one's safe investment quota or one's safe leverage lending quota for stock trading, also known as over-weighted positions.

$Lucid Group (LCID.US)$
7000 units of production capacity, 35000 vehicle orders can be produced for 5 years.
If the average selling price is $100,000 per vehicle and the profit margin is 20%, the profit per vehicle is $20,000. The annual profit for 7,000 vehicles is $0.14 billion. If it can support a 10x PE ratio, Lucid's market cap would be $1.4 billion.
However, the current market cap of Lucid is $18 billion, with a stock price of $10.8. If we calculate based on a market cap of $1.4 billion, its current stock price is only worth $0.84.
If Lucid can solve the supply chain issues and achieve the goal of producing 500,000 vehicles annually by 2030, the production capacity will be 70 times the current capacity, and the stock price will be 70 times higher, approximately $60.
However, a production capacity of 0.5 million cannot produce cars averaging $100,000. It is estimated to be averaging $40,000, so the stock price should be discounted by 60%. That is, the stock price in 2030 is $24.
To achieve this goal, it would be best for the Lucid CEO to first resolve the current complex international situation, otherwise, the production capacity cannot be discussed. In addition, Lucid should transition to hydrogen energy vehicles as soon as possible, because from first principles, hydrogen energy is the future of new energy, and electric energy is just transitional.
In conclusion, my analysis is that if Lucid is lucky, it can produce and fulfill 35,000 orders and then close in 5 years. If luck is not on its side, it may fold within five years.
The above conclusions are valid for all emerging electric car manufacturers other than Tesla, and the analysis is for reference only and not as investment advice!
$Rivian Automotive (RIVN.US)$ $Tesla (TSLA.US)$

In terms of the Hong Kong stock market, after breaking the first trendline at 17,000, it fell below the second trendline support level of 15,600, indicating an expanding downward trend. It is difficult to determine the bottom, but there is a trend of pushing down. The region's low points can only be considered as warning line positions. Currently, there is a need to approach the 10,690 level. So let's set it in the range of 10,690 for now! Therefore, I personally believe that the decline in the Hang Seng Index in Hong Kong will attract attention because there are many H-shares in the Hong Kong stock market. The decline in H-shares will drag down the stock prices of A-shares. For example, Hong Kong-listed China Mobile, Hong Kong-listed China Telecom, Hong Kong-listed PetroChina, and so on. There are many H-share companies listed in Hong Kong. If they continue to fall with the Hang Seng Index, it will inevitably affect the stock prices of the listed companies on the Shanghai Stock Exchange. This may create a stock price drop effect, or the A-shares may not decline correspondingly with the Hong Kong stock index. Both situations may potentially break through the previous low point of 2,863 points, which is an area that we must pay attention to. Because the rebound during this decline was not able to effectively approach or touch this area, it rebounded instead. If the rebound fails and it falls again, it may likely break below 2,863 points. Theoretically, if it fails to reverse effectively within 3 days of breaking through, the next support level for the market analysis should be in the range of 2,400 to 2,500. From this perspective, the support strength is still stronger than the Hang Seng Index. In a bear market, the bottom is uncertain. All of the above is personal technical analysis, for reference only and should not be taken as any trading advice. $Tesla (TSLA.US)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$

$Hang Seng Index (800000.HK)$
From what I've seen so far it appears that China is changing its "zero-covid" policy. There are a few headlines below pertaining to the subject. It seems like the policy is shifting towards the idea of living with covid rather than completely eliminating the virus. Travel restrictions are easing by reducing the quarantine period for travelers and close contacts of infected p...