Stock Of The Day: Could Lucid Gaps Refill?
Lucid Group, Inc. LCID shares are trading sideways Thursday. But if they can break some resistance, a rapid and large move higher may follow."Gaps tend to refill" is an old trading expression. It is true, and the chart of Lucid illustrates some examples of it. This is why it is our Stock of the Day.If a stock trades for a long time around a certain price level, a large amount of interest in this level will form. There will be numerous traders and investors who traded at it. This means there's a good chance ...