Lucid Group, Inc.Short
$LCID formed minor Three Buddha Top (bearish)
LCID formed a Three Buddha Top (aka Head and Shoulders) which means if it doesn't find support at $22, then it will fall to test support at the bigger $21 support line. Hopefully that would provide a good bounce, but I'll be watching carefully in case it starts heading down to $18. Might be a good time to look at some Puts and targets in mind! Usually you want this to be at the peak, but this could still signal a small bearish run.
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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.