Long
CCIV opportunity

Buying opportunity for Lucid,
Given 70% decline from top
test of 0.786 fib
Descending wedge, probable wedge reversal
target rounghly 70% gains
I estimate the reversal to occur within the next two weeks
Given 70% decline from top
test of 0.786 fib
Descending wedge, probable wedge reversal
target rounghly 70% gains
I estimate the reversal to occur within the next two weeks
Note
I have taken my 28% profit and I have now left the trade.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.