Strong performance after earnings

[blueice89]

After like 6 blown earnings calls Lucid finally impressed the street with its plan and results. Maybe a relief rally of 12%. let’s go Lucid!!
Will be great to see a green mark on this historical chart.
Hope this is the start of a new rally up !! Lot of catalysts coming :
sapphire orders, new air pure delivery, Saudi plant delivery, and Gravity. And the not so talked about Lucid customer referral program !!

 

[Genghis]

I wouldn't quite call it a relief rally because it broke $7. Break $8 and move up daily from there to $10+ would be a sign of a real rally and momentum shift. It's happening to Rivian and Nio now, and Lucid is still lagging behind on a potential rally and street acceptance. I think 4th Qtr is where we may see this... well, that's what I've put my money on.

 

[JillyBean]

Ouch ……now under $6
($5.85)

 

[JillyBean]

……… ouch

 

[JillyBean]

The good new stock seems to be back on uptick over past few weeks

 

[DeaneG]

I'm guessing LCID will be mostly flat to slightly lower going forward, reversing a little after Q3 results indicate decent levels of Pure and Touring deliveries, as well as a little new revenue from sales in the EU and Saudi Arabia.