Lower Levels for Lucid? Lucid Group - Short Term - We look to Sell at 35.20 (stop at 38.50)
Previous support level of 36.00 broken. Previous support at 36.00 now becomes resistance. Closed below the 20-day EMA. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies.
Our profit targets will be 24.30 and 22.30
Resistance: 36.00 / 40.00 / 45.00
Support: 30.00 / 28.00 / 20.00
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