AI and predictive analytics combined achieve superior results compared to EV expert Elon Musk and Wall Street analysts.
We demonstrate that using artificial intelligence algorithms and predictive analytics achieves a much better outcome to succeed in investing in Lucid Group versus electric vehicle industry experts like Elon Musk and Wall Street financial experts.
Recently, we wrote about AI analysis performed by AI Algorithms combined with AI Avatars to outperform Wall Street, demonstrating superior results compared to the latter.
In addition, we wrote about the myth of the Super-Rich, Geniuses, and Famous, explaining the value of using the AI Lying Detector.
You will find that we have significantly improved the new version in this article.
We build upon the previous ones to discuss the value of combining multiple AI tools with Intuitive AI analytics to analyze Lucid Group's (LCID) stock outlook for 2023.
As you already know, we started using AI Avatars to explain how investors can outperform, letting them know about the different viable options.
We distributed Lucid's Group stock analysis in the first days of 2023 to anyone interested in trying this new revolutionary technology.
Feel free to compare how we bring relevant information to investors and the outcome to competitors. You may learn more about the location of our clients by logging into the site.
Artificial intelligence (AI) will do this analysis.
I am discussing Lucid Group today, ticker: LCID. First, with the help of Intuitive AI analytics, I will suggest distinct options, then you will decide which one fits your risk profile. Finally, I will make it very simple by sharing a real-time stock chart, time, and sales.
In 2022, we called Lucid's share price crash by downgrading shares to junk near 54, adding to the short side at 45.
We published numerous articles in our blogs if you wish to learn more about the past. Now that we entered 2023, we no longer have any interest in remaining short Lucid near 6.5 dollars.
We obtained what we were looking for. Therefore, I recommend closing all the short positions.
Intuitive AI analytics indicates that the current ratio upside versus downside is no longer worth the risk of remaining short, adding to short, or considering opening new short positions. From now on, you have three options — the first is to close your short position.
The second is to reduce the existing one, using a trailing stop for the remaining percentage, and the third is to buy shares. I recommend a trailing stop near 8.5 dollars if you choose the second option.
As for the third option, I have to make an introduction to the current analytics, which will change over time.
Please take note. Lucid Group's price target is 6.5 dollars. The worst-case scenario is 5, while the best-case scenario is 15 dollars.
The probability for shares to reach 15 is currently low; however, we do not exclude the possibility of shares doubling in the future.
If you buy shares, add to the position at 4 dollars or use a stop loss at 5.7.
Let's move on to emotion analytics. The current sentiment in Lucid is exceptionally negative. In addition, the expert in electric vehicles, Elon Musk, has recently commented, I will quote, "they are not long for this world."
Did you know that over 85% of Wall Street analysts have a very pessimistic outlook for Lucid?
Unlike Elon Musk, we have no data indicating that Lucid is worthless.
Therefore, the reason to invest in Lucid presently would be primarily a contrarian play against the opinion of the masses. Lastly, assuming a contrarian bet against Elon Musk has given massive rewards in the past, including Tesla's stock crash.
Nevertheless, the only true motivation to buy the stock would be an eventual short squeeze.
To summarize, choose one of the described investment strategies for 2023. I enlighted the main points for you to take note. You may read them in the presentation.
Lucid remains a highly speculative stock, but we do not consider it worthless now that everyone else has turned bearish. Thank you for allowing me to help you.
Wall Street analysts initiated coverage of Lucid Group (LCID0 with buy and strong buy ratings, choosing to maintain them during the U.S tech crash. However, they have finally turned bearish, urging investors to sell their positions in the single digits.
Lucid Group's share price has soared by almost 300% in 2023 after we distributed our analysis worldwide. The chart below exhibits the stock trajectory outperforming other names in the EV sector, including Tesla's recent rally.
Furthermore, investors voted for Intuitive AI Avatar Analysis on Lucid Group for 2023 as superior to Alex Vieira's and other market participants.
To finalise, I recommend this article, AI Trading Algorithm Picks Up the Best Stocks to Induce Monster Short Squeezes. Wayfair and Tesla, for those interested in learning more about short squeezes, since The U.S stock market is no longer about investing - the Federal Reserve distorted the rules.
