03/08/2023 LCID - long
Hello trader,
LCID presents a favorable technical setup for initiating a long position in the stock, as it is displaying a triple bottom/consolidation pattern following a significant increase in February.
Additionally, the stop loss (SL) is positioned just below the demand zone.
Expecting a parabolic pattern from here.
LCID presents a favorable technical setup for initiating a long position in the stock, as it is displaying a triple bottom/consolidation pattern following a significant increase in February.
Additionally, the stop loss (SL) is positioned just below the demand zone.
Expecting a parabolic pattern from here.
Trade active
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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.