OguRetsu
The Long Investor
The Long Investor

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$LCID

A lot of chat in the Telegram group about $LCID and some members have bought.

It has jumped 10% since bouncing at the blue line at $5 ($4.97 to be exact) so the target was reached!

The Market Cap is still quite high for $LCID considering their delivery numbers but Americans will buy this over Chinese EV's so it demands a higher premium....unfortunately.

So let's see how the bounce behaves, this was certainly a test of support at $5, now it needs to show a series of higher highs and getting out of this yellow channel and above the 50 Day MA at $6.20, so this is very similar to $FSR resistance level at $6.41.

$LCID

Comments

Your patience could be rewarded! Thank you for the kind words!

Gareth Neary

You absolutely nailed it. Iโ€™ve been waiting to add since Nov. 22โ€™ when you posted on Twitter. My full position is now completeโ€ฆI canโ€™t express my gratitude ๐Ÿ™ enough for your generosity. Thank You!

RandumbInvestor


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