$LCID
Added 2023-07-31 11:03:09 +0000 UTC$LCID would not be my Top 3 EV picks but the chart is looking stable and has been following our count and it has NOT started its Wave 3 yet....unlike $NIO and $XPEV, so if you missed your opportunity there, there is always another opportunity waiting for you.
We spoke above this needing to show 3 Waves in this Subwave 2 and holding the 0.618 Fib, it has done that now and is holding above the 50 Day MA now.
This is is a good position to start moving to the upside, the big test next will be getting above the 200 Day MA at $8.70, a flip here to support and the bull case and impulse wave is confirmed.
Comments
We want to see higher highs, so getting above the previous high at $8.36 is a good start and then ultimately, flipping the 200 Day MA just above to a support level would confirm the impulse wave
Gareth Neary
2023-08-02 12:07:53 +0000 UTCWhat point will indicate the start of uprise?
LΓ‘szlΓ³ PuskΓ‘s
2023-08-02 11:52:15 +0000 UTCYes, tends to fall after earnings. Production/Delivery numbers weren't great either. Could provide a better entry point.
Steven Richards
2023-07-31 23:13:15 +0000 UTCSteve, thank you for the reminder, and your perspective, on the upcoming earnings report π€
Jai Da
2023-07-31 18:11:40 +0000 UTCEarnings report on the 7th Aug. Personally I wouldn't be surprised if it pulls back a little before it really takes off - probably more due to macro than micro at this juncture IMHO.
Steve Cullip
2023-07-31 16:04:03 +0000 UTCThis does look interesting. I have seen that Fisker could be in for a similar move.
Bosher!
2023-07-31 11:10:24 +0000 UTC
