News: Last week we heard the fantastic news that the Lucid Air Dream Edition received an official EPA range of 520-mile.
Technical Analysis: Last week, LCID * ended above the 50 moving average AND the 200 moving average, * broke out the descending trending line, * ended above the volume profile visible range (VPVR) point of control (POC), * volume started to really ramp up, * the MACD crossed (and stayed) above the signal * RSI in the green
To me, except if we have a market correction across the board, LCID should continue to move up and reach its resistance at $30.
Note
I'm sill bullish on LCID. $25 as the support. En route to $30.
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