Is Lucid (LCID) Worth a Short-Term Trade Before Earnings?Lucid Group, Inc.BATS:LCIDMissmoyeuLucid Motors (LCID) is setting up for an interesting move possibly before earnings Technical Setup – Signs of a Potential Breakout On the weekly chart, LCID looks like it's trying to break out of a downtrend, with the 20-SMA and 50-SMA starting to turn upward. On the daily chart, price action is bouncing off support ($2.90 - $3.00) and attempting to push past resistance at $3.10 - $3.20. Volume has been increasing, which could signal accumulation before a bigger move. Fundamentals – ➡️ Takeaway: Revenue is improving, but the company needs to show stronger growth momentum to justify its valuation. Profitability – Still Deep in the Red Q1 2024 loss: -680.86M (worsening) Q2 2024 loss: -643.39M (slight improvement) Q3 2024 loss: -992.48M (huge drop) TTM net loss: -2.97B ➡️ Takeaway: Lucid is still bleeding cash, and the key earnings catalyst is whether they show improved cost control or better gross margins. 3️⃣ Trading Plan – Earnings Risk & Strategy ✅ Safe Play: Wait for earnings reaction. Buy only if LCID breaks $3.20+ with strong guidance. ⚠️ Risky Play: Buy before earnings ($3.00 - $3.10) but set a strict stop-loss at $2.70 to manage downside. 🚀 Earnings Upside? If losses narrow or revenue surprises, expect a breakout toward $3.80 - $4.00. 🔻 Earnings Downside? Weak guidance or more dilution could send it below $2.70. Final Take Lucid is showing signs of life, but it’s still a high-risk trade. If you’re looking for a speculative move, it could be worth a shot, but just be ready for volatility next week. 🚀⚠️