LCIDBullhit
Lucid CityTarget Price(split-adjusted)
$29.80
Said $2.98· today's shares after the 1-for-10 reverse split (Sep 2025)
“you do have a couple key resistance points above us so that right here so that 100 and 200 day moving average which is at 291 and 298”@ 6:02 · open at this moment on YouTube ↗
Thesis at the time
BullishThe speaker highlights unconfirmed inside information about Lucid selling 150 vehicles to Enterprise rental and Lucid participating in the Brussels Motor Show. Despite 1.17M new short shares, Lucid remains flat-to-green because algorithmic trading above the super trend indicator is supporting the stock. The key near-term target is to break through the 100/200-day moving average resistance at $2.91-$2.98.
Key arguments
- Unconfirmed: Lucid sold 150 vehicles to Enterprise car rental — fleet sale is a new demand channel
- Lucid to participate in 101st Brussels Motor Show — European market visibility
- Algorithmic trading on Lucid's side after breaking above super trend indicator — stock should continue higher
- Above 50-day moving average historically results in 30-40% average gain
- Options show some buyers targeting $7 range by May 16, 2025
Counter-arguments acknowledged
- Enterprise sale is unconfirmed, could be social media rumor
- Shorts extremely active — 13M new shares in the morning session
- Lower volume day (34.7M vs 83.5M average) could amplify volatility
The call
- Date said
- Dec 17, 2024
- Price at prediction
- $27.60
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $30.20
- Return
- +9.4%
- Notes
- Target ≥$29.8 reached on 2024-12-20. Price: $30.20. Return: +9.4%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≥$29.8 reached on 2024-12-20. Price: $30.20. Return: +9.4%.
Full rules: docs/resolution-spec.md.