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Stock Of The Day: Lucid Momentum Builds As Bears Lose Their Grip
LCIDLucid (LCID) Benzinga·2024-12-26 19:05

Shares of Lucid Group, Inc. LCID are rising Thursday but they have run into resistance around the $3.25 level. There is a chance this resistance breaks and the stock keeps moving higher.Breakouts tend to be bullish. This is why our team of traders has made Lucid our Stock of the Day.Markets are always trending. They are either going up, down, or sideways. If a market is trending higher the bulls are in control. If it is heading lower, the bears are in charge. If they go sideways, the bears and bulls have eq ...