Lucid group: Minor Peak Breached, Eyes on $3.50

Lucid Group rebounded after forming a higher minor low at $2.27, signaling initial strength. The price successfully closed at the recent minor peak of $2.73. A confirmed breakout above $2.73 could shift the trend to an uptrend in the short-term, with potential upside targets lie around $2.90, $3.20, $3.37, and $3.50.

The stop-loss lies below 2.27$.

the indicators are heading toward the positive side, which confirms the mentioned positive scenario.

The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.