$Lucid Group (LCID.US)$ The management announced selling of senior convertible notes to raise funds for expansion and such, which is considered normal in a new growing company. The trade volume shot up greatly once the news was out. I guess maybe it dilutes the value of each share? On top of that the shortists also exploited t the news fully.
It is truly disheartening to see all other stocks rising yet LCID keeps falling again and again but this time is a strategic move by company so it should be short lived. The only problem is that LCID is now the hot favourite for shortists becos of its high interest in the public eyes as a new highly potential growing company, so every little news from LCID can send its price moving very fast in both directions. So it’s a pros & cons, which actually makes it exciting and even more profitable if you learn to trade it well. I’m still learning and hopefully get better with each lesson learnt from these news.
Let’s hope there’s no more sudden negative news for LCID and can climb back to previous high. After that I should know how to plot my moves better. (I think. Hahaha!) Meanwhile for today, let’s observe how the stock will play out today when market opens. If unfortunately it gets pull back further again, buy in more for those with the money to do so. Those without, grit tight! it is merely a short term paper loss. I’m pretty confident it should not be going lower than its previous low and should recover back to mid $40s pretty fast after that. How low exactly though, I do not know. Just hope for the best and prepare for the worst. 😁
Once again, I want to reiterate strongly that this is just my postulation. I can be wrong, so trade with caution and make your own decision. Only you are responsible for your own action at the end of the day.

$Lucid Group (LCID.US)$ Come on, 31!!!!

$Lucid Group (LCID.US)$ please fly to 60 and above. I am at 50

$ChemoCentryx (CCXI.US)$ $Lucid Group (LCID.US)$  so nice

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$Lucid Group (LCID.US)$

$Lucid Group (LCID.US)$ Guess $50 is the strong support here, shall wait for the next peak of MACD red zone and use my last amount to buy the last batch, whatever the price may be and call it a day!

$Lucid Group (LCID.US)$These are very good stocks worth holding for the long term.

$Lucid Group (LCID.US)$ pick me up soon

$Lucid Group (LCID.US)$
As I mentioned in my previous post, after the pull back is completed, LCID will stabilize and start to hover between 3-5% daily to slowly climb upwards. So I did a little experiment today by buying in and out of it a 4 times today using MACD indicator. I am quite surprised that I could actually earn a few hundreds just like that. I'll try to apply this method for next week and see if it can continue to work. One thing about LCID is that it is very strong, so even if the price ends up falling more than what I buy, I still have nothing to worry becos it will eventually comes back up very soon. I'll update more if anymore is keen to know.

$Lucid Group (LCID.US)$ Ok, managed to do 1 more in and out, a total of 5 times today within the 4+ hours, making a profit of $600+ after the comm. Cool, will try more next week and doing more rounds for the full trading hours, hopefully it will continue to work well. Ok, taking a break over the weekends for now, rest well everyone! See you guys again on Monday.