Closing all LCID positions with my largest ever profit from my largest ever single stock position. I was going to keep this stock long-term, but there will be many other opportunities to make money from LCID in the coming years. The profit was about 30% profit from a variety of entries in the last 2 months. Thanks to SPICE AGLO for the 4D SELL signal. It confirmed MACD and RSI to indicate there is a significant chance of a pretty sizable pullback in the next weeks or days. I think LCID will retrench at least until customers finally get into their new space-age cars, and then this will take off again.
ENTRY CRITERIA
1. RSI below 20 and rising again - YES
2. Candles out of SPICE AGLO red cloud - YES
3. Traffic Light (Red-yellow-green) pattern on MACD bars - YES
3. Heiken Ashi reversal candles - YES
4. MACD cross up - YES
5. Investor Events/News - Huge drop due to expiry of PIPE investor lockup made for a huge buying opportunity. Te
Target duration - Long term
Target profit - open
Exit Criteria
1. RSI above 80 and dropping again - YES
2. Candles out of SPICE AGLO green cloud - YES
3. Green -blue-red pattern on MACD bars
3. Heiken Ashi reversal candle
4. MACD cross down
Early Exit Criteria )
Trailing stop if candles penetrate the upper side of SPICE ALGO green cloud
ENTRY CRITERIA
1. RSI below 20 and rising again - YES
2. Candles out of SPICE AGLO red cloud - YES
3. Traffic Light (Red-yellow-green) pattern on MACD bars - YES
3. Heiken Ashi reversal candles - YES
4. MACD cross up - YES
5. Investor Events/News - Huge drop due to expiry of PIPE investor lockup made for a huge buying opportunity. Te
Target duration - Long term
Target profit - open
Exit Criteria
1. RSI above 80 and dropping again - YES
2. Candles out of SPICE AGLO green cloud - YES
3. Green -blue-red pattern on MACD bars
3. Heiken Ashi reversal candle
4. MACD cross down
Early Exit Criteria )
Trailing stop if candles penetrate the upper side of SPICE ALGO green cloud
