20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Lucid Group, Inc. (NASDAQ:LCID) shares are trading lower Monday. The stock is down more than 11% over the last five days and 22% over the last month.
What To Know:
Lucid's EV competitor Tesla, Inc. (NASDAQ:TSLA) is continuing to roll-out large price reductions on its EVs while Lucid said it would offer a single-motor, rear-wheel-drive version of its Air Pure sedan, with a starting price of $77,400.
Shares of LCID are attracting the attention of short-sellers and retail investors as the EV sector heats up. The stock currently listed among the top trending tickers on Yahoo! Finance and 17.47% of available shares are being sold short, according to data from Benzinga Pro.
Related News: What's Going On With Ault Alliance Stock?
LCID Price Action: According to Benzinga Pro, Lucid Group shares are down more than 4% at $4.92 at the time of publication.
Image: Couresy of Lucid Group, Inc.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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