Lucid Long
Just added a regression Channel from the breakout, to see if it keeps in this Bullish zone.
The last time it tested the 60.00 it was just straight down from there till we bottomed at that 16-18 area and went back up.
This time it just feels like they are getting a few PR back to back, earnings for them, and an EV play that will attract people that are finding the next "Tesla".
60+ area will be interesting to see if it goes and holds, or stays around this 50 range for a bit.
The last time it tested the 60.00 it was just straight down from there till we bottomed at that 16-18 area and went back up.
This time it just feels like they are getting a few PR back to back, earnings for them, and an EV play that will attract people that are finding the next "Tesla".
60+ area will be interesting to see if it goes and holds, or stays around this 50 range for a bit.
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