LCID's vwap bounced after pullback LONG

18 thg 7, 2023

LCID trended up 40% from late June and then over 2-3 days completed a standard

Fib 0.5 retracement before bouncing off a longterm anchored mean VWAP and

reversing. The reversal is supported by the two time frame RSI indicator showing

the lower TF RSI crossing above the higher TF RSI and both of them approaching

the 50 level. The zero lag MACD shows the lines crossed under the histogram and

are now approaching the horizontal zero line. The relative rigor indicator shows

a line cross while the values were negative and now approach to the horizontal

zero line in parallel. Overall I conclude that LCID is set up for a long entry.

19 thg 7, 2023

Giao dịch đang hoạt động

Nice price action in two days. Stop even 2% above break even- Anticipate taking a partial profit on Friday morning before the end of week sell off. Options at 36% ROI
thus far.

17 thg 5

Ghi chú

Trade active:
LCID moved higher. Took partial profit on half the call otpions at share price of $3.05. Price pulled back ina Fib Retrace. Reloaded at the pullback. A typical zig-zag strategy. Holing beyond this week. Looking for LCID to get more trader attention as TSLA struggles and FSR is all just become extinct.