LCIDBearhit
Lucid CityTarget Price(split-adjusted)
$19.00
Said $1.90· today's shares after the 1-for-10 reverse split (Sep 2025)
“Elliot Wave Technicals is projecting for it to hit that $1.90 range. So I think things have to get a little bit worse before they get better.”@ 6:23 · open at this moment on YouTube ↗
Thesis at the time
BearishLucid is below all key moving averages and Elliott Wave technicals project a $1.90 target. With the Fed decision on Wednesday, potential Middle East escalation, and no specific Lucid catalysts this week, the speaker expects a close between $1.99 and $2.05 and believes things need to get worse before they get better.
Key arguments
- Lucid is below all key moving averages — technically a vicious downtrend
- Elliott Wave technicals project a target of ~$1.90
- Fed rate decision on Wednesday likely to be a hold; Powell commentary could add volatility
- Middle East tensions between Israel and Iran are escalating, suppressing risk appetite
- Short interest at 30.57% of float; shorts recently doubling down
Counter-arguments acknowledged
- If China deal or Middle East resolution materializes, Lucid could snap back quickly given oversold status
- Bulls in options market anticipating a recovery toward $2.50
The call
- Date said
- Jun 15, 2025
- Price at prediction
- $21.50
- Confidence
- low
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $17.66
- Return
- +17.9%
- Notes
- Target ≤$19 reached on 2025-09-02. Price: $17.66. Return: +17.9%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≤$19 reached on 2025-09-02. Price: $17.66. Return: +17.9%.
Full rules: docs/resolution-spec.md.