LCID - Lucid Group Inc.
EV stocks have been getting a boost following the Tesla and Hertz announcement.
Following the announcement and subsequent TSLA move, I concentrated on the EV industry stock and found LCID looking ripe for a move.
I shared this idea with the Klarenbach Research Telegram Group on Tuesday, October 25th, when the price was 27.60, with the comment below:
LCID looks ready to take off. I like this one here above the blue VWAP from the high. My entry is at 27.60 with a stop at 23.30 beneath the recent relevant low and the VWAP from the low.
Following the post with my entry and original stop, the price increased and is currently up >30% in 3 days.
*****Click on the chart below to enlarge*****