LCID Lucid Motors Up Trend AnalysisBREAK DOWN:
- As we see here LCID has bounced off the support line and is in up trend momentum.
- Despite seeing few RSI Divergence as shown on the graph followed by price correction, the stock is heading towards $48
- IF
LCID breaks the resistance line IT WILL CONTINUE upwards. The resistance line will now become new SUPPORT line.KEEP AN EYE:
- On any RSI Divergence followed by price corrections to buy the stock at lower price
- The stock will break the Resistance line and continue up trend.
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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.