Churchill Capital - CCIV - LUCID Motors - The Gap is filled! From a technical point, price is free to go up and fill the larger gap above? We are now expecting some fundamental catalyst to spark the turnaround? What will the catalyst be? Any thoughts? We will see? Not financial advice.
If you don't believe in the tock, don't risk it. Tesla won't be the only pure EV car maker for the future... With big Saudi money in this venture, Lucid Motors is going to happen... Brand new plant in AZ with production beginning this year... Do your DD, don't buy the hype, buy the future now... Managing your risk is perspective... Yes day traders will come and go, shorts here and there... But in the LONG once Lucid becomes a brand name on the streets and our infrastructure accommodates EV's... Lucid may very well be the next Tesla. Remember this, not all other car makers are a EV car manufacture 100%. The Future is LONG, not daily, weekly, ect... If you believe in the current future of transportation and have done your DD knowing there is risk in everything, manage your risk and hold LONG.
I have no expertise in stocks, and advise everyone to do there own research. This is not advises but merely my $0.02
ViperV8eater
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@bats11203, @bats11203, "Remember this, not all other car makers are a EV car manufacture 100%" .. oohh common, as you've said The future is long, that's why i see even more competition coming from VW, Toyota, Honda, BMW and etc. Lucid is in a luxury segment and won't be that massive as you might think. Never invest in Hype, when it's already over the roof.. that's for sure.
OldHorse7
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For those caught at 57-60 - consider averaging down - buying more now while the price is low. I did. It's painful and risky, but it lowers your cost per stock, so you'll cross the threshold into profit sooner once it bounces back. It will bounce. This is a long bet. Stocks are marathons, not sprints. Not advice, just an example of how to address a falling stock that has a solid fundamental base.
MrSerko
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I am expecting $17-$18 before support with this ongoing (down) momentum
niceMeerkat24337
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Hope you’re right. I was caught bag holding at $60 :(
I have no expertise in stocks, and advise everyone to do there own research. This is not advises but merely my $0.02