ownas

LCID Swing Trade Idea - Long

NASDAQ:LCID   Lucid Group, Inc.
The EV sector, as always has been hot and people are looking to make Tesla kind-of-gains, and so people are looking at alternatives / competitors.

39 -> 55 is my long, and depending on how it holds at that price level, may look to go short via put to ride a possible strong rejection at that price level.

Technicals:
-Swing low to high (fib)
-Confluence at high (volume profile and resistance)
-Fractals bullish
-About to cross 200 ema (1 hr view)

This is my first published trade idea. Please let me know what you think!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.