myceliium

LCID: Dead Cat Bounce?

Short
myceliium Updated   
NASDAQ:LCID   Lucid Group, Inc.
After opeing at ~16% lower a the start of the trading day, LCID has been on a tear to regain support @ 45. While this move has been impressive, it is likely that the bearish trend has been established and LCID will continue lower - possibly retesting 40 - lather this week. Keeping an eye on this one. LCID 40 PUT 12/17 could be the play
Trade active:
Sub 40 now but 34 may come soon

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