 Boom What's up money geeks? I'm Zavi here. Welcome to another video guys So again today's video we are gonna talk about one of our favorite stocks here on the channel Lucid Moto tickets and ball LCID So again, we've been covering the stock lately a lot because there's been some movement There's some news some momentum And so I want to keep you guys informed and make some decisions right now The stock is on an uptrend And I want us to kind of talk about what to do next as this talk continue to move up So that's what we're gonna cover into this video But before we get started guys if you're new here We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button any notification bell So you don't miss out on you Content so when it comes to lucid guys again, this is one of my my favorite EV stocks Not just because you know the cars look good But because of the way they're positioning themselves in the market as a luxury brand of EV cars, so they're not really competing with Tesla They seem like hey average people can have Tesla's but we are coming in more as a luxury brand Which I think there's a huge market for that in the EV space in my personal Opinion, so we've talked about what stock is doing where they pull down I told you guys that the stock was gonna pull down when you start to move up I told you guys there was a catalyst that was going to push this thing To the upside and we've seen it come to fruition. So now the question is what do you do from here moving forward? So before we actually get to that point, I want to show you guys some stuff that's going on here. So Again, this is news from routers So electric car maker lucid on track for 2022 and 23 23 output target CEO says To me this is huge because if they can meet this target, I think the target for 20 21 was about two or five hundred and something vehicles. Let's take a look here now. It's mentioned here So Lucy to start delivery. So they're looking at five hundred and seventy seven vehicles That would be to deliver, you know this year So that's huge in the sudden production right now or or they're going through production right now in the month of September and October and they anticipate to deliver these many vehicles But again, the target for 20 22 and 20 23 is on track and their goal is to actually expand that and then Introduced yes, then which is the lucid dream, which is I mean, it's another beautiful vehicle If you haven't already seen that that particular one. So I like where lucid is going. I like what they're doing I like what they stamp for so let's take a look at the stock and just see what has happened So if you guys remember from the time that we can go back here, maybe And just to take some levels here You guys remember when I was screaming bye bye bye when this talk pull it started right here when they had this massive deep because Their pipe investors were allowed to sell their shares So this thing took a deep and I did a video before this deep even came and say like hey guys Watch how this thing is gonna collapse and that happened. So we found we saw this difference I hit buy here because there's another catalyst coming back Most people didn't take it and it's I think a lot of people got in at about 19 Which is still a good entry point so around 19 and I said is a catalyst coming That's gonna push the price of the stock back up and here we go If you got it at 19 and this was September 15 somewhere around there September 14 September 15 See this thing has squeezed to a high As so when we were recording video tested a high of about 28 dollars and 30 cents, which is insane So if you got in at 19, that's huge profit that you would have pocketed from this particular trade So now the question is Where do you go from here? If you were swing trading this Again to me. I was thinking if this thing break this 28 and hell that would have been a good spot Then you can take half of your position Secures on profit and then see what happens with the remaining half But if you if you test 28 again and fail and then that's that's a potential issue So that could be a resistance at 28 at that point we can start looking at hey Maybe taking out your profit, but again, I want to see this thing between 28 and 30 So this might so let's go back here on the one in the chart so we can actually see so if you can see here It tested at 28 almost 28 40 and then look at it's pulling back right sitting right now at 27 25 So I'm still pulling back if it bounces of a V-wap. I think this would be a good Sign that is seeing my pop back to that 28 and even 29 But if not guys again, don't be greedy savages if you are in the money Secure some of that profit because this thing is gonna pull back down again Cuz right now the hype is that they opened up their Facility to the media like I told you guys this was gonna happen that this dog was gonna Was gonna jump it did and now so static years on profit because after this hype is gonna pull back down But then we anticipate another Kettle is is gonna become as soon as this stat actual delivery as soon as they say hey We've delivered one two or three vehicles to a customer then you're gonna see the price again It's gonna pop when that happens. So again, I just want to make sure that you guys are aware of what's going on Why the stock is moving how to secure some profit again if you're long term Let me just make sure I mentioned is if you are long term in the stock You really have to do nothing You just I mean just sit there and watch when it goes down to those levels at 19 you buy if you're long term But if you're a swing trading right now would be time for you to secure some profit Don't be a greedy savage don't think this thing is keep going up at this point If you bought a 19 27 you are almost like what eight dollars in the money secure some of that profit Don't be a greedy savage the market is kind of chappy So when you see opportunities like this make sure that you put that money in your pocket and don't let it Get away from you So that's what I wanted to cover here in this video again Let me know in the comment section Did you treat did you string treat the stack when we did the video here on the channel if you did again? Let me know in the comment section if you're new here We took about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button any notification bell, too Don't miss out on your content also guys if you're looking to get that with investing Take advantage of we both promotion. I'll put the links in the description below and as always guys Do you do diligence? Don't be a greedy savage. Stay motivated You