Short
Updated

CCIV need a break.

1 249
MA 50 and fibo level at $45. We will test this target.

RSI down to 40
MACD in downtrend

disclaimer: I have CCIV in my portfolio and I'm not a shorter, just following the trend.
Note
we need to follow the TA due to no DA or LOI yet. CCIV is still an empty company, remember that. if we not get a DA on monday in next week, it will follow my chart.
Note
valuation 12B at 10PER share would mean: 52$ a share with a marketcap of over 60,2 B .... and 15b at 10$ a share would be a marketcap. Of over 75B now. Just got 15B more expensive from friday to monday. Maybe this was the reason for the dump friday? Inside traders?
Trade closed: target reached

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