HouseOfTrades

LCID Daily Bearflag

HouseOfTrades Updated   
NASDAQ:LCID   Lucid Group, Inc.
(Daily)
Beautiful bearflag.
Being in the daily Time frame, i will probably wait until wednesday to see what happens, but a rejection off this bottom trendline, could play long (with time, maybe Octover calls) and try to ride it to the top of the channel,
Downside comes if the flag breaks down, targeting 13.40
Trade active
Trade closed manually:
Exited half at 21.25 and half at 20.00

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.