Long
POLESTAR SPAC IDEA
keep an eye on this spac. merger is set for the first half of 2022. long play accumulate in 100 lots then sell options for income . i was waiting for under 11$ but its bouncing off the level. its aggressive to buy here. so it depends on your trading style. im willing to hold this in my tax free trading account in my retirement fund. im willing to hold this for 4 years. its possible it falls further so you can place the stop loss where you are comfortable. appears to be a falling wedge similar to LCID at 8$. still under the 200MA so its an aggressive buy here you can wait for a safer entry with confirmation. im selling covered calls and accumulating depending on the premium i may just straight accumulate. its more comfortable multiple than RIVIAN .
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