$LCID will be catapulted to $4.3-5 range
- This stock has been beaten down as it failed to reach the masses.
- However, the cars are impressive in terms of technology and looks.
- Tesla model 3 & Y looks ugly in front of stylish Lucid motor's cars.
- A big reason why Lucid might have a good run way to go higher is because of Saudi funding. They have invested billions in this company and would be investing more.
- Lucid cars were sold to Police department of Soudi to further support the lucid.
- Recently, lot of hedge funds like DE shaw, Citadel increased their position in the company.
- Can it go to double digits?
- Maybe if there is a short squeeze
- Would it go to $5?
- Yes, Charts indicate that it should test $5
- However, the cars are impressive in terms of technology and looks.
- Tesla model 3 & Y looks ugly in front of stylish Lucid motor's cars.
- A big reason why Lucid might have a good run way to go higher is because of Saudi funding. They have invested billions in this company and would be investing more.
- Lucid cars were sold to Police department of Soudi to further support the lucid.
- Recently, lot of hedge funds like DE shaw, Citadel increased their position in the company.
- Can it go to double digits?
- Maybe if there is a short squeeze
- Would it go to $5?
- Yes, Charts indicate that it should test $5
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