7/23 - LCID possible long idea
Hi traders,
I noticed a falling wedge pattern on the LCID chart today. Wait for the stock to reach the $3.20 area and monitor its movement. There is strong support at the $3.30-$3.20 level, so I expect it will bounce back. If not, we can sell if it falls below $3.10. This setup provides a good risk-reward ratio.
I noticed a falling wedge pattern on the LCID chart today. Wait for the stock to reach the $3.20 area and monitor its movement. There is strong support at the $3.30-$3.20 level, so I expect it will bounce back. If not, we can sell if it falls below $3.10. This setup provides a good risk-reward ratio.
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