Lucid (LCID) stock is trading at extreme oversold levels
Lucid (LCID) Finbold·2024-11-29 01:27
The share price of luxury electric vehicle manufacturer Lucid (NASDAQ: LCID) is aiming to build on recent gains and solidify its price above the $2 support, as the technical setup suggests what to expect.At the close of the last trading session, LCID was valued at $2.17, ending the day up 1.64%. This builds on the bullish momentum witnessed on the weekly chart, where the EV’s stock has gained 4.3%. Overall, this short-term momentum has done little to change Lucid’s fortunes in 2024, where the equity is down ...