Lucid Stock at a Pivotal Moment! 🚀 Will It Cross $3.50?.

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Lucid Stock at a Pivotal Moment! 🚀 Will It Cross $3.50?
Lucid Motors' stock rose 2.89% today, trading between $2.40 and $2.51, amid a broader market rally driven by a targeted tariff approach that eased inflation fears. While competitors like Rivian (up 4.83%) and Tesla (up 9.45%) outperformed, Lucid faces challenges from rising short positions, up 2.24 million shares, and unusual broker incentives to bet against it. Despite this, Lucid is countering with a $2,000 vehicle bonus and conquest offer to boost sales, potentially lifting its stock if successful. Analysts like Cantor Fitzgerald maintain a neutral $3 target, but bullish options activity (81% calls) and technical levels suggest potential for a rise above $3.50, especially with a major launch event on the 27th and partnership rumors looming. Bears see a drop below $2, while bulls eye a breakout past the $2.57 resistance, making Lucid’s trajectory a mixed bag of risks and opportunities.
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