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LCID forms 20 Day Moving Average Support on July 16
LCID finished higher by 8.57% on Thursday, July 16th, trading 2.4 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — 20 DMA Support, 50 DMA Support, MACD Bullish Centerline Cross & MACD Bullish Signal Line Cross — suggesting potential strength ahead. Key support levels exist at 5.72, 4.99 & 4.41, with resistance at 7.03, 7.61 & 8.34.
Current SwingTradeBot Technical Rating of LCID: D
This might just be the start. See what else showed up for LCID today.
Read full article here »