CCIV (SPAC for Lucid Motors) Looks Poised To Break Out Violently

4 Haz 2021

Although it's possible that the Lucid merger could result in a common "buy the rumor, sell the news" scenario, given how beat up the stock has been in recent months, this scenario seems less likely. Furthermore, the coiling price action right next to a major resistance line in the past trading day suggests that bullish pressure is building.