$LCID downtrend signs
Updated
LCID is showing strong signs of long term downtrend!Green pennant indicated upside
Although the flag above it was reversed and as prices went below prior pennant,
then comes the red pennant, indicating trend continuation to the downside!
Wait for red pennant to break above 44 before going long again!
Trade active
Unless reached stop point of $48,I'd still consider this as a negative trend!
Trade closed manually
Due to some concerning events in the markets as discussed and referenced in the links below, it seems non sense to say anything, or even get involved into some stocks.It's rather better if I just close this trade here, and avoid any further comments on them.
It's better if you guys make yourself aware about the truth and reality behind this kind of mad movements using following links as some starting points.
Take care! Invest in something sober!
twitter.com/AniKalburgi/status/1471617354249428995?t=0vkZ3ke9RTNqHJPKq9OSrg&s=19
twitter.com/silverguru22/status/1471241268596514819?t=9BBe8xY_S3AnuTO1UTJGng&s=19
Comment
Even though I closed the trading manually, the short signal is still active!
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