LUCID GROUP, INC
From a technical standpoint, Lucid Group appears to be far more likely to trade higher than lower. I have place 3 price targets which in my view are likely levels for price to trade at.
Lucid is still yet not profitable albeit some improvements to their revenues and profit margins over the last two quarters of 2024. I don't know much about the company products (other than car manufacturing), nor do I know much about the management team. My post strictly stems from a technical perspective.
This is a position I would take!
Date of writing Oct 3 2024
Lucid is still yet not profitable albeit some improvements to their revenues and profit margins over the last two quarters of 2024. I don't know much about the company products (other than car manufacturing), nor do I know much about the management team. My post strictly stems from a technical perspective.
This is a position I would take!
Date of writing Oct 3 2024
Note
I have updated this idea with a bearish view
I encourage all viewers to take a look for full transparency
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