LCIDBullpending
Lucid CityTarget Price
$15
“I'm talking about getting back to possibly like the 15 plus.”
Thesis at the time
BullishToday's 13.1% bounce is driven by genuine institutional buying (large and medium transactions in the flow) rather than algorithmic trading that characterized the recent selloff. Lucid hit a new all-time low of $9.43 in overnight trading but bounced strongly. Shorts are actually returning shares (111K) rather than doubling down, which the speaker calls a clear bullish signal. The 50-day moving average remains the key barrier needed to potentially reach the $15+ range.
Key arguments
- New all-time low of $9.43 hit overnight but strong institutional buy-the-dip response
- Flow analysis shows XL/large institutional transactions vs recent algorithmic selling
- Shorts returning 111K shares instead of doubling down — interpreted as bullish
- If Lucid gets above 50-day moving average, could push toward $15+
- Michigan consumer sentiment beat (57.3 vs 53 forecast) provided macro tailwind
Counter-arguments acknowledged
- Speaker personally is not buying until after earnings when demand picture is clearer
- Needs to get above 50-day moving average for any substantial gains — still below it
The call
- Date said
- Feb 6, 2026
- Price at prediction
- $10.86
- Current price (live)
- $4.32$10.68 below target
- Confidence
- low
- Specificity
- vague
How it resolved
- Status
- pending