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Long Term Trend
Medium Term Trend
Short Term Trend
Lucid Price Action Trend
Lucid Price Action Trend
Moving Averages
2022 (-56.71) 2023 (55.06) 2024 (9.56) 50 Days MA 150 Days MA 200 Days MA

Long Term Trend Following Commentary

Lucid Trend Analysis Report
Lucid Trend Following Score
Ultimate BULL @ HIGH

Prepared for You, on 5/13/2024

As per our lucid Trend Following methodology



Long Term Lucid Trend Following Condition :

Bull Run established on 04/29/2019 at the price level of $ 100.44.


Medium Term Lucid Trend Following Condition :

Bull Pullback established on 05/08/2020 at the price level of $ 123.67.



The stock is demonstrating bullish condition, it's showing clear cut bull run.




This stock is trading at 52 week the 52 week range.


Its an ideal time to enter the long position, and anticipate higher prices!


Remember one thing, the market loves to reward winners!

Technical Commentary

What is happening now.



This stock is currently trading with normal Trading with Normal Volume volume.

This stock is also indicating, it is trading in the BULL momentum with support price at $ 122.19

While the stock is trading in the bull momentum, it will try to penetrate through the following resistance levels to establish a new barrier for itself to conquer.

Resistance level
Shoot for the moon
R1 Resistance 135.11 8.99% move
Short Term Resistance 133.41 7.61% move
LPA Extrem Level 132.79 7.11% move
Medium Term Resistance 130.65 5.39% move
System Price - 123.97

What could happen next!




Stocks dont just go up in the straight line. They will stop going up for a while and perform the act of consolidation or pull back and retest the support area before it can commence any higher.

Support level
System Price - 123.97
MA 50 days 122.50 1.19% move
Short Term Support 122.19 1.44% move
LPA Level 119.94 3.25% move
S1 Support 118.65 4.29% move
MA 150 days 118.31 4.57% move
MA 200 days 117.41 5.29% move
Medium Term Support 109.12 11.98% move
Long Term Support 105.00 15.30% move
S2 Support 95.78 22.74% move
Free Fall
Lucid Trend Following Strategy which can deliver gains like these!
We empower you with process driven approach to market. There are no secrets about this system.
Dow 30
Symbol Condition Gain
GS 37.91 %
AXP 30.85 %
CAT 25.94 %
V 21.67 %
JPM 17.16 %
IBM 17.02 %
WMT 10.48 %
KO 10.36 %
MRK 9.21 %
Sample Data
Trading Activities Price Momentum
Trend reversal below 22.60
Price ActionLower Highs & Lower Lows
Behavior Trying to reverse
Conclude Shorts are being fried
Chart Big Directional
RSI Rating : 86 - Over bought & continue with strength
Stock Characteristics
Bottom Fishing ( Bull )
The euphoria of the market
Bull with force
Circuit breaker Bull

News & Headlines
11/30/2023 | InvestorPlace

Fresh on the Market: 3 Top Picks From the Renaissance IPO ETF

The initial public offering (IPO) market has not done well in 2023. The most recent deals have faltered, falling below their IPO pricing on day one or soon after. However, there is some hope that future IPO stock picks could be in store for better results. MarketWatch recently reported comments from Ross Carmel, a partner at Sichenzia Ross Ference Carmel LLP (SRFC), a securities law firm with practice around public and private offerings. “Recently, we have seen profitable companies like UL Solutions ULS, and Smith Douglas Homes SDHC, choosing to IPO, which again is a good sign for the capital markets,” Carmel told MarketWatch. “We will know the market has turned when new issues start consistently trading above their IPO price, and thus, investors are making a profit.” The most recent example of a high-profile IPO faltering out of the gate is German sandal company Birkenstock Holding (NYSE: BIRK ). It went public at $46 , losing 12.6% on its first day, and trades around its IPO price six weeks later.

 11/15/2023 | MarketWatch

: Shimmick Corp. is latest IPO to fail to reach issue price

Shimmick Corp. SHIM, a California construction company that specializes in public water infrastructure, has become the latest company to flounder in its trading debut, even after it downsized its IPO and priced below range. The company’s deal priced at $7 a share on Monday, compared with a proposed price range of $10 to $12. The company offered just 3.6 million shares, or 0.98 million fewer than expected. The stock closed at $6.40 Tuesday in its first day of trade and was recently quoted at $6.50, but has not yet touched its IPO issue price. German sandal and clog maker Birkenstock Holding Plc BIRK has also failed to reach its issue price of $46. That stock was last quoted at $41.04. The IPO market has struggled this year as deal after deal either flops on its first day of trade or gains peter out in the aftermarket. The Renaissance IPO ETF IPO has gained 34% in the year to date, however, outperforming the S&P 500 SPX, which has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

 11/10/2023 | MarketWatch

: Cargo Therapeutics IPO prices at $15 a share, low end of proposed range

Cargo Therapeutics CRGX, a clinical-stage biotech specializing in cancer treatments, said late Thursday its initial public offering priced at $15 a share, the low end of its range. The company sold 18.8 million shares to raise $282 million at a valuation of $580.5 million. JP Morgan, Jefferies, TD Cowen and Truist Securities were the underwriters on the deal. They have a 30-day option to purchase up to 2.8 million additional shares. Proceeds will be used to fund clinical development, R&D and for working capital and other general corporate purposes. The company is pre-revenue and loss-making, as is often the case for biotechs with no approved drugs. The stock will start trading later Friday on Nasdaq under the ticker “CRGX.” The Renaissance IPO ETF IPO has gained 25% in the year to date, while the S&P 500 SPX has gained 13%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Market Report
Trading Activities Price Momentum
Short Term UP Momentum
Short Term Down Momentum
Moving Average Support
Moving Average Resistance
Long Term Bullish Conditions
Long Term Bearish Conditions

My view on this stock is
Notes (Write your notes (Max 250))
I am watching
Daily Chart of IPO since : 05/20/2024

My Idea about this stock is to go


I have plan to use
My crietrai for this trade is to


I am planning to hold this instrument for
What am I waiting for?

Why Watch list?

All successful investors and traders have a plan and anticipate the outcome of their action. In stock trading, waiting is the hard part. The key is having the patience to wait for the right conditions to develop. The key to successful trading is not finding a method that works all the time, but to have the discipline to wait for the right time.

You can start watching your stocks the meaningful way. All you have to do is sit back, watch and wait for the right moment before you pull the trigger. Regardless of whether you are waiting for a breakout, a pullback, momentum build up or whatever it may be.
Therefore let's create a watch list, so you can watch and wait patiently like cheetahs for a breakout.
Or 
If you believe that the amateurs chase the market, be and act like a pro and let the market come to you. All that means is you waiting for a pullback before you enter your trade and do not intend to force it!



Our watch list will let you think and act like a pro.

Sample Data
Custom Trade
@ Max Capital Basis
@ 2% basis
Trade Type


No of Shares to be Traded :
70
Total Capital Allocated :
$ 3752.7
Total Risk Allocated :
$ 99.4
Risk basis per share :
$ 1.42

Our Trend Following System


We have been inspired by Darvas Box system and Turtle Trend Following system. Our Trend following strategy is all about riding the trend all the way to maximize return, on your capital using a systematic approach to investing.


For Long term trend following investors

With our Long-term trend following investment approach to the market, you don’t have to stick to your trading desk and make the emotional and non-rational call towards your long-term approach to investing. Our typical long-term call last months to years. All you have to do is keep riding the trend.


Mr. Market is always driven by macro/micro events and analyst’s recommendation. Most of the times, this does nothing but create opportunities for long-term investors, while so-called timer of the markets trades on shorter time frames and headlines. So, with our trend following method you can seize the opportunity and profit from it.

When others are buying in euphoria, we are there to lock in our profit. While others are panicking and throwing a good stock away, we are there to invest! We make our decision based on the logic, not emotions.

For Medium Term trend following investors

With our Medium-term trend following investment approach to the market, you have to remain active and make stricter calls which allow you to profit from overrunning of the emotional calls by short-term investors which creates a momentum which can last weeks to months.

For Short Term trend trading traders

Our approach is all about breakouts and breakdowns. This is where the swing trading takes place. It’s all about spending hours on your trading desk.  However, we used this in combination with long-term and medium-term investing for our entry and to lock in profit purpose.


For Nicolas Darvas style trend following traders

We have developed Lucid Price Action (LPA) method, based purely on Nicolas Darvas principles. Our approach doesn't start at "all time high" or "52 week high price range", rather it starts from the get go.


Join today and subscribe to Lucid-Trend investment club to have one on one webinar to explore what we have to offer you as a crystal clear trend following system

Lucid Trend Following System

Prepared for You, powered by AcuSTAR Tool© 2002-2019
**Past performance is not necessarily indicative of future results. See full risk disclosure for hypothetical limitations.
**End-of-day pricing data provided by Stockdio. For US equities Real-time pricing is provided by IEX Cloud (ifmp)
Data provided by Financial Modeling Prep Current Server Time : 10:56

Quote File Last updated : 05/20/2024 @ 10:42, EOD data will be updated today after 18:00
System Status1 : System updated on 05/18/2024, at 06:01

Lucid Trend Following Stock System, Techincal Analysis - IPO Stock

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