helo dear investors
As long as it is above the green line (level which tells the story (21.93) LCID is to be bought, it seems that the level 37.58 (level 0.5 fibo) is broken with force, so LCID, very likely, would continue to rise until 52.04.
Note that a good coincidence has occurred in this fibo and rectangle retracement, it is that the probable amplitude equals the same price of the red rectangle resistance and the 0.236 level of fibonacci (target 2).
i wish have reason but as we said it upto the market to decide if we will have it or no.
NB: a good signal had accured 28 oct 2021 that break out very strong (big buyer volume) and LCID is above the historical line