Lucid Group witnessed a strong rebound after the violation of the simple moving average 100-day, to close below the major resistance 3.35, which is the level that needs to be violated, to confirm the current positivity, which will push LCID to test further rises near 3.62 - 3.92 - 4.09 - 4.49 - 4.85 - 5.31 on the short term.
The stop-loss lies below 2.94$.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.