Lucid stock’s dilemma: launch or stall

Mar 21

Lucid stock, at the request of its enthusiasts. The stock has broken the main downtrend line as well as the secondary one, yet no clear buying momentum has driven it. I don't know the reason. I have written another scenario: the closest possibility, if the speculator thinks about launching, is reaching the blue trendline zones. This is highly probable if the current area within the yellow circle is not maintained. I have also set short-term and medium-term targets, as well as a stop loss based on a full candle closing below the red trendline, meaning I have provided a fully integrated chart as a roadmap for Lucid. Ultimately, this is a technical opinion subject to being right or wrong, and the decision is yours. Good luck to everyone.

Apr 30

Trade active