Is Lucid Group's Stock a Recovery Play or a Risky Bet?

Lucid Group TodayLCIDLucid Group$2.76 +0.03 (+1.10%) 52-Week Range$1.93▼$4.84Price Target$3.16Add to WatchlistLucid Group’s NASDAQ: LCID stock price is recovering from a new low set in November, suggesting a bottom is in play. However, the company’s risks remain, and the downtrend is intact, so investors should be wary. The move back above $2.70 in mid-December is promising but has yet to cross the critical resistance point near $2.90. That level aligns with the bottom edge of the gap formed in October and ...