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myceliium
Dec 6, 2021 8:24 PM

LCID: Dead Cat Bounce? Short

Lucid Group, Inc.NASDAQ

Description

After opeing at ~16% lower a the start of the trading day, LCID has been on a tear to regain support @ 45. While this move has been impressive, it is likely that the bearish trend has been established and LCID will continue lower - possibly retesting 40 - lather this week. Keeping an eye on this one. LCID 40 PUT 12/17 could be the play

Trade active

Sub 40 now but 34 may come soon
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