Hello Traders
I have been tracking LUCID and other new Electric Vehicle (EV) Companies for about 5 Months now and based on my Support and Resistance Levels, NASDAQ:LCID has just bounced off my most lowest Resistance level which is at $6.19 and I expect it to do a reversal over the coming days or weeks (After markets has recovered).
Now, we know that the...
Lucid prices are being rejected at $20.16 levels. Looks good after closing above 20.68 level.
Buy - 20.70
SL - 18.50
Target - 27.50
Note: This is purely for educational purposes only and is NOT a Buy/Sell Recommendation.
A 3 Mountain Buddha Top with highs of 27.88, 29.81, and 29.03 transpired from June2 to Aug 2 in which the market backed off from a high three times. A small fry pan bottom took place shortly after but did not last long when a bearish counter attack took place on 8/12; the four bearish days followed are called Shi (death in Japanese). Doomsday was Sept.1 in which...
