CCIV Churchill Capital - 100% Gain potential? Double your Money? Rumor has it CCIV will merge with Lucid Motors to take it public. Rumors can be wrong. Lucid is the first EV based competitor who will deliver cars in the US later this year. Other EV makers such as NIO and XPENG XPEV are trading at 57.98 and 47.52 but have no immediate plans to deliver cars in...
Id like to see support continue above $28.00 on top of the current support zone, and above the orange trend. The RSI is still cooling down a little and i wouldnt be suprised if we retrace further to the likes of 25.30 if we dont hold 28. Id expect trading to continue above the current trend line (Red), but if we fall below, id be watching for 22.69 for...
Quite a simple one, yesterday we had a surge to $35.15 from the low of $19.98 last Thursday. There is a strong potential for the price the retrace to the 61.8% fib region at around $25.80 which is also coming up to the region of trend line interception. This offers a textbook opportunity to got long from $25-$26 with a target price of $39 which is just below the...
CCIV - May Merge with LUCID to rival Tesla? Fib play taking off like a SpaceX rocket. Ex-TELSA engineers a part of LUCID. Should you buy the Rumor or buy the Fib Play? Who knows? It's just a rumor.
This is a possible scenario for $CCIV (if no merge until saturday). Take into account that fundamentals (news) supplement technical analysis. A trader does not use a crystal ball to predict the future (news and people's reactions). Your comments are welcome. ############## Legal disclaimer: I am not a financial advisor. The advice here given is not a financial...
CCIV - Buy the Rumor, Sell the News! SPAC rumors can still be traded with caution. We just need a stock to be motivated to move. Hit 61.8 fib level and moving up so time to buy? Churchill Capital.
Me thinky she will make a run.
Is it really a Cup and Handle pattern? $CCIV can go ahead and hit $22 real quick. I've heard a trader say that you should not put STOP LOSS. Quote: "Don't let big money steal your shares. Get in, and then set a buy order in the event of a nice dip. Don't get caught in a stop-loss raid. Newbies-google it if you don't know what it is. Retail: you are riding with...
Playing short term EV SPAC hype, call options expiring 2/19 ATM, or ITM.
CCIV is the stock to watch! Merger with Lucid Motors which is a luxury electric car maker. Potential for a greater upside long-term even after a large gain in price. This is a high-risk play which in turn gives a high reward. Make your moves accordingly and wait for confirmation to enter! Much more room for upside!
CCIV has already had one potential merger fall through so I urge caution on this, but the upside could be enormous merger with a EV maker especially one that has a former Tesla Exec. could generate a lot of hype around this SPAC. I went in with some shares in a simulated account and I will be waiting for More confirmation of a merger and a dip to enter. Let me...