Multiple confluences are suggesting a potential bullish reversal:
A- Price is forming lower highs, while MACD is showing higher lows → bullish divergence
B- MACD crossover is forming, indicating strengthening momentum
C- Bollinger Bands are narrowing, suggesting a potential breakout
D- Support level is holding, confirmed by increased volume, indicating buyer interest
LCID
Disclaimer: This is not financial advice. The information provided is for educational and informational purposes only. Trading stocks and other financial instruments involves significant risk and may not be suitable for all investors. Always do your own research and consult with a licensed financial advisor before making any trading decisions. Past performance is not indicative of future results.
A- Price is forming lower highs, while MACD is showing higher lows → bullish divergence
B- MACD crossover is forming, indicating strengthening momentum
C- Bollinger Bands are narrowing, suggesting a potential breakout
D- Support level is holding, confirmed by increased volume, indicating buyer interest
LCID Disclaimer: This is not financial advice. The information provided is for educational and informational purposes only. Trading stocks and other financial instruments involves significant risk and may not be suitable for all investors. Always do your own research and consult with a licensed financial advisor before making any trading decisions. Past performance is not indicative of future results.
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.
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.