SamSuka
The Long Investor
The Long Investor

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$LCID

$LCID has finally done it, it has gone below $5 today for the first time, a price target we have been calling for since breaking down in July 2022 at $18, it was showing moments of breaking out and reversing but struggled to stay above the 50 Day MA.

I believe at this price, it may start attracting buyers soon, as the market cap is at $11.Billion right now....a far cry from the once $143 Billion valuation.

Revenue always trumps speculation and it will always catch up on expectations.

$LCID

Comments

Beautiful thank you!

Adam L

That's it exactly above the 50 Day which would have it above the downward channel too.

Gareth Neary

Do you have a buy trigger to the upside? I know there is value at 5 but curious what technical trigger you would use to add. Recapturing the 50dma, but that is 6.30s?

Adam L

Thank you πŸ™!!!! You saved me THOUSANDS! 10K shares

RandumbInvestor

Will it go lower next?

Stephanie


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