Lucid Group, Inc.
Long
Updated

LCID looking cheap here

306
Huge volume these past 2 days. Hadn't seen volume like yesterday's since February and still holding strong with high volume today.

RSI looking oversold, I expect momentum to begin to build from here for a continued upwards move.

Keeping a tight stop loss. If I see this under $18 I am less excited about it and probably will have exited the trade
Trade closed: target reached
TP1 hit
Taking half off the table with the 6%+ gain
Trade closed manually
Sold the other half in the mid 23s for a 25%+ gain

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.