1
Lucid stock shows selling pressure and has gotten multiple rejections from 50 EMA in recent times.
2
Sellers dominated the buyers and looked aggressive in the past trading sessions.
3
Electric vehicle company Lucid Motors (LCID) was trying to create some buzz.
Lucid stock struggling in the market whereas, the company CEO was trying to create some buzz. Lucid CEO tells price cuts earlier this month on its Air EV up to $12,400 and who trying to purchase a Lucid Air Pure can save approximately $5000.
Lucid stock price faced difficulty in exciding the 50 EMA acting as a resistance point and the price remains confined beneath it. Presently, Lucid stock is required to attract more buyers to drive the price in the upward movement toward recovery. Nevertheless, there’s an observed low trading volume in recent times. Simultaneously, Lucid shares have descended beneath the 50, 100, and 200-day daily exponential moving averages.
How is Lucid S
We współpracy z: https://www.thecoinrepublic.com/2023/08/25/lucid-stocklcid-does-lucids-ev-price-cut-impact-stock-price/
