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Is LCID coiling for a breakout? NR7 shows up after sliding 1.96%
On Friday, August 28th, LCID moved down 1.96% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 4.91, 4.82 & 4.69, with resistance at 5.12, 5.25 & 5.34. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of LCID: F
More technical signals and insights for LCID → Visit SwingTradeBot.com
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