TradingView
CryptoSomm
Aug 29, 2021 3:06 PM

Lucid Group Long Trade Long

Lucid Group, Inc.NASDAQ

Description

Been stalking this chart for 2 months waiting on my buy zone...and here it is! While a possible wick under our long-term support is possible my buy zone will still sit at $21.00. Our lines of support and resistance have been respected 100% of the time so far within this pattern, so I like the odds for this trade. In the event of a breakdown of this pattern, I will hold and wait for a recovery to the newly formed resistance at roughly $21.00. I expect both bullish and bearish scenarios to resolve between 1-2 weeks. This is not trading advice
More