$LCID
Added 2024-10-17 18:52:31 +0000 UTCTough day for EV's all round but $LCID is likely the culprit which added the most fuel on the fire
$LCID price was in the last day of this very tight wedge so the price action needed to take a direction today and $LCID announce a public offering to raise $1.7 Billion and the share price took a nosedive, down -17.5% now.
Flushing down below the 0.78 Fib at $2.74
The next Fib support is at the 0.887 Fib at $2.53
$LCID is not a buy for me.
