SamSuka
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. I’ve been waiting to add since Nov. 22’ when you posted on Twitter. My full position is now complete…I can’t express my gratitude 🙏 enough for your generosity. Thank You!

RandumbInvestor


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