since the double bottom entry LCID ran up filled the gap and showed a decent profit taking level. i sold options at 54$. it retraced and now it seems to be consolidating on the 0.382 fib level. im invested long term and still accumulating. and selling calls for income to accumulate more. its possible to enter here but there is downside so i do not advise using leverage im still accumulating on spot. earnings are in march so feb it may start a run up into earnings so possibly another chance to sell options. still a hold this is a long term play. im willing to hold this for 4 years while taking passive income by selling calls and accumulating more.
Beyond Technical Analysis

Penafian