Hello trader,
LCID presents a favorable technical setup for initiating a long position in the stock, as it is displaying a triple bottom/consolidation pattern following a significant increase in February.
Additionally, the stop loss (SL) is positioned just below the demand zone.
Expecting a parabolic pattern from here.
LCID presents a favorable technical setup for initiating a long position in the stock, as it is displaying a triple bottom/consolidation pattern following a significant increase in February.
Additionally, the stop loss (SL) is positioned just below the demand zone.
Expecting a parabolic pattern from here.
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