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$Lucid Group (LCID.US)$ Like I had posted in some people com...

$Lucid Group (LCID.US)$ Like I had posted in some people comments, I think today has a higher chance of pull back (albeit a small one) than continuing the rise because Friday went up by 17%. Although it is reasonable for a rebounce afer a huge fall, but I still think that the rebounce is too much and there is actually no good news ahead in the following days. I think it should be btw 8-14% pull back, I'm guessing it will go back to $47-$50. After that, it should start to have a healthier and gradual movement again, hovering and climbing upward slowly.

Moreover today seems to be the last chance for the shortists to short LCID, because during the period from Thanksgiving till Christmas is the traditional time where shortists and long traders truce to enjoy a peaceful and enjoyable holiday seasons. Most stocks will be moving up. Anyway this is really just my postulation, I may be wrong. The price may just continue upward and receive an early holiday treatment but I doubt it. Or at least the chance is low.

I'll be selling a small amount of my stock just test my prediction. Good luck!
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