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2021-08-02

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Is Lordstown Motors Stock About To Pull Back?

Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a c

Is Lordstown Motors Stock About To Pull Back?

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Even worse, there’s a c","content":"<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b>&nbsp;may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p>\n<p>The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p>\n<p>But now the shares have broken this support level. They are trading lower.</p>\n<p>Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p>\n<p>As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p>\n<p><img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Lordstown Motors Stock About To Pull Back?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Lordstown Motors Stock About To Pull Back?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-02 21:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b>&nbsp;may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p>\n<p>The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p>\n<p>But now the shares have broken this support level. They are trading lower.</p>\n<p>Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p>\n<p>As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p>\n<p><img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110751791","content_text":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.\nThe support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.\nBut now the shares have broken this support level. 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