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CCIV

Churchill Capital Corp IV (CCIV) following an old pattern?I was right about a possible drop of CCIV. I would buy this stock in the range of $23-$26, not more. I don't want to FOMO. It's ok if the merge happens. You can always make money with stocks. It's never late! Don't FOMO!! What's your opinion? Your comments are welcome. ############## 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). Additionally technical analysis is not an exact science. It involves a degree of subjectivity. Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
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by ymarkets
CCIV Churchill Capital - 100% Gain potential?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 the US. IF IF IF CCIV/Lucid performs the same as these companies, then a $50 stock price is reasonable. If CCIV goes to $25-$26ish level then a double up play to $50ish will activate. This is not advice. Just food for thought. Not Financial Advice! Manifest your Success Some people are in too much of a hurry to get rich. It is more reasonable to take a year or 2 to grow an account to $1,000,000 by compounding. The Secret of Compounding: Double your money 10-15 times to get to $1million dollars over time Plan: Starting with capital you don't mind losing Choose your trades carefully and execute with patients Only risk 50% of your capital on each trade idea, if you hit your stop loss you only step back to the previous step Starting with $1000 Step 1: $1000 X 2 = $2000 Step 2: $2000 X 2 = $4000 Step 3: $4000 X 2 = $8000 Step 4: $8000 X 2 = $16,000 Step 5: $16,000 X 2 = $32,000 Step 6: $32,000 X 2 = $64,000 Step 7: $64,000 X 2 = $128,000 Step 8: $128,000 X 2 = $256000 Step 9: $256,000 X 2 = $512,000 Step 10: $512,000 X 2 = $1,024,000 Starting with $100 Step 1: $100 X 2 = $200 Step 2: $200 X 2 = $400 Step 3: $400 X 2 = $800 Step 4: $800 X 2 = $1,600 Step 5: $1,600 X 2 = $3,200 Step 6: $3,200 X 2 = $6,400 Step 7: $6,400 X 2 = $12,800 Step 8: $12,800 X 2 = $25,600 Step 9: $25,600 X 2 = $51,200 Step 10: $51,200 X 2 = $102,800 Step 11: $102,400 X 2 = $204,800 Step 12: $204,800 X 2 = $409,600 Step 13: $409,600 X 2 = $819,200 Step 15: $819,200 X 2 = $1,638,400
CLong
by PortfolioBuildersClub
1
Analysis request: CCIV Long above 32.02Id 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 support Bearish below 25.30, bullish above 32.02, id stop out on a short term position under 25, or 22.69 It may take another day of red before buyers have an edge, and we resume to the upside.
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by TradingNomadic
$CCIV Long From RetracementQuite 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 -27% fib point. Stop loss at $22.50 which is the weekly low, and roughly 10% below the trend line. If it hits that point, ceteris paribus, I think we we can agree that the trade is void. That is not to say that the price won't hit $39, but if it hits the SL, it may likely also hit $20 or lower which will be an even better opportunity to go long (when the price becomes bullish once again).
CLong
by Jamesbevan96
A possible scenario for $CCIV this coming daysThis 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 advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
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by ymarkets
$CCIV Churchill Capital IV: Cup and Handle patternIs 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 big boys now. A buy under $30 is a win, selling before $60 is a sin." What's your opinion on this? Your comments are welcome. ############## Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
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by ymarkets
1