1
Lucid stock price (NASDAQ: LCID) fell 20% in August 2023.
2
LCID stock price is trading near a 52-week low and is trying to test the 50-day EMA.
3
Lucid Group stock is in a downtrend.
Lucid stock price (NASDAQ: LCID) corrected approximately 40% in the current month. LCID stock price returned back to the 52-week low and buyers are trying their best to defend.
Lucid stock is in a downtrend and looks oversold so a temporary pullback rally toward the 50-day EMA is likely. However, the 200-day EMA is far from the current price so the possibility of the bullish trend reversal remains low.
LCID stock seems to be stuck in the wide range between $5.43 to $8.40. The next directional move will be visible when buyers or sellers break either side of the range.
Lucid Group Inc. released the previous quarter earnings on August 7, 2023. The company missed the EPS estimate by 17.03% and revenue by 16.91%. Despite that, Lucid stock reacted positive
We współpracy z: https://www.thecoinrepublic.com/2023/08/29/lucid-stock-defends-6-is-lcid-stock-getting-ready-for-8-00/
