 Boom What's up money geeks? Mr. V here welcome to another video guys. So into this video. We are going to talk about Lucid Take a symbol LC ID boy. Oh boy. Did Lucid come through for us? This was a string tree that I actually told you guys to get into here on the channel and the stock has just been printing So I want us to talk about it and talk about when we take profit and see if we can leave some of these to run again So again, that's what we're gonna cover into this video But before we get started guys if you're new to the channel, we took 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 and the notification belt So you don't miss out on new content. So let's see the game guys. We we've gone through this in like two weeks First step was I told you guys that the stock price was gonna pull back Massively that happened it went down to me right even $15 and I was screaming and said bye bye bye And then I told you guys again that this stock was gonna pop because there's a catalyst that's coming up But I didn't think it was gonna pop this fast so The reason why I think it popped faster than I anticipate it was because I was anticipating that next week September 27 when they opened your factory to all other businesses or media people to come in and see What they are working on? They went ahead and actually did their EPA review which actually said Lucid has a range of 520 miles compared to Tesla which is about 400 I mean like that was insane beating Tesla by over a hundred miles So that is probably what came in the middle and push to start because my Anticipation was that this stuff would move to maybe about 24 25 and then kind of just hang in there next week It's gonna pop up to maybe around 28 to 30 But that was my plan a but Lucy never actually Stuck to that plan Lucy had other plans. So if we can jump right in here, I'm gonna show you guys exactly What happened here? Let me bring up the charts here. So you guys can actually see So this is Lucid again opened up the day seems sitting right here about $24 to open the day and from there Lucy's squeezed to a high of close to 28 dollars It came so close. It was 20. I think 27 95 was so so close to hitting 28 And then this is after hours right here. The this gray area is after hours So pulled back a little bit after ours was still sitting at about 26 dollars and some change So again, that's like two dollars and some change for the day But if you if you're somebody that was trading you seen got close to 28 bucks So the question is now, what do we do moving forward? I guess as far as the game plan, when should you take profit again for Lucid? Mike in my anticipation again, like I said, I was hoping for this thing to hit 28 between 28 and 30 So if you went in a position if you bless me about a hundred shares, it got to 20 almost 28 today I'll say at least you should have secured maybe 25% of your position take some profit day and then See what happens because if it's queues again and then break that 28 because if it breaks 28 30 is right there for rush. So if it breaks 28 will see 30 so Take 20 and maybe 25% of your position right here secure some of that profit and then Hang on and see what happens again If it gets to 30 you take another 25 percent, but again, you should have a stop loss That's always key because if you got in at say 19 bucks and this thing is all the way to Let's say 28 you should have a stop loss that secures at least some good profit Give it some breathing room because right now we're seeing that breathing room is somewhere about two dollars So if you're sitting at 28 and then put your stop loss around 26 If you got in a 19 or 20 put your stop loss around 26 Give so you give it some breathing room. You don't want it to just bounce back to 27 or 27 15 and kick you out unless your day trading able for a shrink trade you give it some breathing room So put your stop loss about 26 and then slowly move that if it goes to 30 Then you want to be sitting at 28 just like that. So Lucy the game guys is on a tier The reason again that I see this happening is because of that news that they beat Tesla with their range 520 to be exact. So next week Again, I'm not sure how this is going to translate into next week because I didn't Want this pop to happen before next to go what it next week to be the reason why it popped So now that the momentum is really out there one or two things to happen next week It could be flat because people already You know been talking about the stock. So next week could be flat or Next week can even push the thing to 35 That's that's a possibility. But again guys Trading you have to know how to manage your risk because all this is getting in speculation here I was anticipating again one thing and Lucy gave me another thing all in the positive direction Which is what we always want. So be smart about this one Secure some profit because this is not the end of it. This stock is gonna pull back After this whole thing is over. You're gonna see the stock slowly pull back to where it's been trading Between that 21 and 25 dollar price point again I'm super excited about this if you're trading if you're a string trading it Secure that profit if you're not securing the profit, you know what that makes you right a greedy savage So secure profit again, don't go in the trade blind they go in the trade with a game plan No one to take your profit write it down I don't know your profit-taking strategy if you're doing percentages. It's okay First like if you guess to 26, I take 25 percent against the 28 I take another 25 percent if you take gets to 30 25 percent and then I have 25 percent left I mean, I'm gonna let that ride and you'll see where it goes from there So have a strategy for getting out of the trade. So that would be my advice to you So basically I just want to talk about this real quick so that For those of you guys that are looking to get into the stock right now guys, this is not a good time I'm gonna tell you again if you miss out on buying those bottoms Wait for the stock to come back to you because if you buy it right now, you're simply chasing In I could be wrong You could get up tomorrow and these things squeeze all the way to 30 But I personally would not want to buy when it's squeezing up unless you're day trading because if you did trade it It's not today. You don't make some good money. If you bought that 24 it went to 27 90 that's a spread about three dollars and ninety cents So you don't make some good money, but if you are looking to swing it Now it's not the right time because if you do anything right now, you're basically Chasing and don't be a chaser. That's pretty much what I can tell you so Be very very careful with this you guys are still looking to get Into the stock. So there you go guys that again, that's my take on this in I like I said Lucy has some room To run hopefully next week when they open your factory to the media people They can actually spread the word and the stock price will probably pop and you might see a pre-market or As soon as the market opens and you'll see a spike and then when people are just like oh, this is it Your stock price might go back down or it could be like whoa This is this it we've never seen anything like this Tesla It cannot be measured up to this and they should start asking get all the way to 35 But again, those are the things where you have to be able to manage your risk It's secure the profit that you have right now to stop loss if I mean if not anything Secure that profit first before chasing the next big thing So that's what we're going to cover in this video if you're new here We took 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 and your notification bell So you don't miss out on your content if you actually did the screen tree guys I want you to leave a comment below What your entry price and your potential exit price? I want to see what you guys are doing out there and it's always guys. Do you do diligence? Don't be a green savage stay motivated