here’s the setup on Lucid (LCID). The stock had a nice pop after the Morgan Stanley upgrade, but let’s be real—it’s still bleeding cash with no real turnaround yet.
📉 Why I’m Looking to Short:
LCID ran into resistance (check the chart) and failed to break through.
If it drops below support, we could see a solid move down.
The company is still burning money, and the hype from the upgrade might fade fast.
💰 Trade Plan:
Short entry: If LCID breaks below support (marked on the chart).
Target 1: First key support level.
Target 2: Deeper move if selling pressure increases.
Stop loss: Above recent highs (just in case it rips).
⚠️ Risk Factors:
If LCID holds support, we could see a short squeeze.
Saudi backing & AI hype might keep it from fully breaking down.
📉 Why I’m Looking to Short:
LCID ran into resistance (check the chart) and failed to break through.
If it drops below support, we could see a solid move down.
The company is still burning money, and the hype from the upgrade might fade fast.
💰 Trade Plan:
Short entry: If LCID breaks below support (marked on the chart).
Target 1: First key support level.
Target 2: Deeper move if selling pressure increases.
Stop loss: Above recent highs (just in case it rips).
⚠️ Risk Factors:
If LCID holds support, we could see a short squeeze.
Saudi backing & AI hype might keep it from fully breaking down.
Operación activa
Nota
Price held support and bounced back above the trendline.The breakdown I was watching didn’t trigger, and bulls stepped in around $2.40.
What's next?
Still under key resistance ($2.60), but the structure looks stronger now.
🧭 New Plan:
Watching $2.60–2.65 — breakout above that = possible trend shift
Staying cautious until either:
Breakdown confirms 💀
Breakout clears the zone 📈
Risk still high, but bias flipped to neutral/bullish (for now)
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.