Still looks sexy BUY ON DIPS is great idea!
LCID stock is trading about 40% off its highs. Shares are sharply extended past a cup with handle's 28.49 buy point following last week's breakout move. The 5% buy area went up to 29.91.
Bulls are in trouble as easy money not coming and with DUMB BEHAVIORAL thinking they are in trouble... From technical point we also see HEAD AND SHOULDERS PATTERN that poing lower levels to come soon....