Tesla without the douche CEO...
MACD cross on the daily was bearish, expect a retrace after completing the measured move.
RSI is in the overbought territory, look for higher lows n highs for continuation and vice versa for the opposite.
Volume is high.
1.618 is your first "long" target, then your extension target.
Tesla stock price was added just so you can see what the gains would be like if that were to happen to Lucid. 20x is wild...
MACD cross on the daily was bearish, expect a retrace after completing the measured move.
RSI is in the overbought territory, look for higher lows n highs for continuation and vice versa for the opposite.
Volume is high.
1.618 is your first "long" target, then your extension target.
Tesla stock price was added just so you can see what the gains would be like if that were to happen to Lucid. 20x is wild...
Comment:
Buy zone activated...keep an eye on the S&P 500, Evergrande just defaulted on its loans. Could continue to fall as a result if the market takes a dive.
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