$LCID
Added 2023-08-07 20:20:13 +0000 UTCReport has just been released. Missed on Revenue and Losses have increased but they have projected that their annual production guidance remains on track with 10,000 vehicles.
It's not a great earnings report.
0.618 Fib was lost in anticipation of a weak report and $LCID have only have 3 good reports out of a total of 12 since it IPO'd in 2020.
Management need to do better and shareholders need to demand more.
The impulse wave is still valid as long as it does not lose its previous low at $5.46, if this happens then we will see $5 finally hit.
Comments
More $LCID updates in the future please. Thank you
Steven Richards
2023-08-08 19:29:19 +0000 UTCHow do you see which probability is greater? LCID to 12 until end of year or NIO to 20+?
László Puskás
2023-08-08 05:49:26 +0000 UTC
