$LCID has finally done it, it has gone below $5 today for the first time, a price target we have been calling for since breaking down in July 2022 at $18, it was showing moments of breaking out and reversing but struggled to stay above the 50 Day MA.
I believe at this price, it may start attracting buyers soon, as the market cap is at $11.Billion right now....a far cry from the once $143 Billion valuation.
Revenue always trumps speculation and it will always catch up on expectations.
Adam L
2023-09-26 16:14:57 +0000 UTCGareth Neary
2023-09-26 16:13:48 +0000 UTCAdam L
2023-09-26 15:15:48 +0000 UTCRandumbInvestor
2023-09-26 10:28:32 +0000 UTCStephanie
2023-09-25 23:51:13 +0000 UTC