Rising wedge with rising support. Higher highs, and higher lows. if It can hold $26 as its floor the next step will be to $35.
Lucid Motors - CCIV - Recalculating - Technicals vs Fundamentals - From a technical standpoint, CCIV should return to close the gap around $50 after bouncing off the golden zone support. This is taking a long time for a company that is expected to increase in value with momentum. From a fundamental standpoint, Is the initial merger even complete? When will the...
After the reversal end of February, we are in dire need of big news from Lucid Motors. They need to deliver on their plan of making 20-30k cars in their new facility in Arizona. Leading up the the sell off/reversal, people were buying into the rumour. Until it sold off right after the news hit that the merger is going to happen. The stock needs some good catalyst...
CCIV - Lucid Motors - Patiently waiting for the gap fill at $50. CCIV has started trending upwards. Patience Patience. Not Financial Advice.
Lucid Motors - CCIV - Ready to break out? After a small inverted head and shoulder pattern, is Lucid Motors (CCIV) finally ready to breakout? We will see? Not Financial advice.
Churchill Capital - CCIV - LUCID Motors - The Gap is filled! From a technical point, price is free to go up and fill the larger gap above? We are now expecting some fundamental catalyst to spark the turnaround? What will the catalyst be? Any thoughts? We will see? Not financial advice.
Churchill Capital - CCIV - Hitting the Buy Zone? CCIV is closer to the value entry price? Keep in mind that there are a lot of obstacles still ahead for LUCID Motors. If they do not have solid plans, the other existing car manufacturers will start to reveal their electric cars. Yes, people will go for a luxury EV from a proven brand like Mercedes, Audi or BMW...
Churchill Capital CCIV - Lucid Motor vs Tesla. CCIV near buy target? Then looking for 100% short term gain? Patients pays off? Not financial advice.
Churchill Capital CCIV - Merger - Lucid - Tesla rival but Price may be too high for CCIV in merger. We will see? If it goes to $25 then it may be a buy? get your popcorn and watch what happens. Not financial advice.
CCIV - Churchill Capital- What is a fair pre-merger price? As investors pile into CCIV, we have to consider that there has not been an official Lucid Motors merger announcement. We also have to consider that other Tesla competitors that are already listed are at this same pre-merger price. NIO is at $54. Xpeng XPEV is at $41. GM is at $52. Meanwhile, CCIV, a...
CCIV Churchill Capital has gone Parabolic? Merger with LUCID Motors? Break out was sooner than expected. Watch for pullbacks? 100% move?
CCIV - Churchill Capital - Needs to fill the GAP before launch. Look for this pull back to the $24 - $26ish range before the price shoots up. Short term dip for a longterm pop. This is not financial advice.
CCIV Churchill Capital - Stock to watch! If Lucid Motor merger is announce this stock may run. This is just a rumor. Do your research.
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...
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.
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.
Based on Technical and Fundamental Analysis the idea is to go long. Shares of Churchill Capital IV (NYSE:CCIV.U) were having a wild ride on Friday, amid rumors that the special purpose acquisition company (SPAC) was close to announcing a deal to merge with electric-vehicle maker Lucid Motors. NYSE:CCIV
Churchill Downs broke through, closed, and has retested the ascending wedge trend-line. Targeting the $90.00 area with a mental stop above the broken TL.