LCIDBullpending
Lucid CityTarget Range
$8.52–$9.42
“So, for as long as Lucy can stay above that, which fair to assume that we will this week, then we could be seeing a nice recovery to between that 852 and 942.”
Thesis at the time
BullishThe host expects a largely technical-driven week for Lucid, highlighting that Elliott Wave signals are pointing to a bullish recovery for the first time in about a year and a half. He cites declining short interest, the company's lawsuit against a short-seller/critic, and the stock holding its 50-day moving average as reasons for optimism, while noting resistance near the 100-day moving average.
Key arguments
- Short interest has fallen from ~38.5% in mid-July to 31.4%, which could add buying pressure as shorts cover.
- Lucid's lawsuit against Claudio Alonso is seen as a positive sentiment driver, showing the company defending against bankruptcy rumors and manipulation.
- Elliott Wave technicals are projecting a bullish move for Lucid for the first time in about a year and a half.
- The stock landing exactly on its 50-day moving average (around $6.19) is viewed as a significant technical support signal.
Counter-arguments acknowledged
- Potential escalation in the Middle East (Strait situation) could introduce volatility.
- The 100-day moving average around $6.77 is seen as a key resistance level.
Hedges and caveats (from the video)
- Predictions based on technical analysis (Elliott Wave) which is subject to interpretation
- Macro data releases and geopolitical developments (Middle East escalation) could cause volatility
- Short interest trends may not guarantee price movement
- Video includes promotional links for paid trading signals and brokerage services
- Technical analysis targets are not guaranteed outcomes
The call
- Date said
- Aug 16, 2026
- Timeframe
- this week
- Current price (live)
- $4.32$4.65 below target
- Confidence
- low
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
The prediction is conditional on holding a pivot support level and uses hedged language ('could potentially', 'fair to assume'), reducing conviction despite being the video's featured Elliott Wave call.