INAQ
$INAQ forming a re-entry patternMetroMile, mile-based auto insurance that is backed by Mark Cuban and Chamath Palihapitiya is forming a dip inside a rising channel that may offer a good opportunity to enter or buy. Watch for the reaction when it hits the support line. As always DYODD. Not financial advice!
SPACs research - 18 January 2021 - looking for SPACs under $11Today I am exclusively looking for SPACs that are as close as possible to $10 (also known as 'NAV') and have quality teams. Not fussy about what stage they're at in the process.
$CRHC - Cohn Robbins Holdings Corp
* currently searching, not targeting specific industry
* solid team: Cohn former director of National Economic Council (NEC) and ex Goldman Sachs COO
* chart currently at local resistance-support flip
Verdict: watch for entry, take 1/3 position for long hold
$ATAC - Altimore Acquisition Corp
* definitive agreement in place
* Owl Rock and Dyal Capital merging to form 'Blue Owl'
* currently trading in a tight range between NAV and resistance ($12)
Verdict - solid - question if range will break up or down in short term - set bids here and in the 10 - 10.5 region.
$DEH - D8 Holdings
* currently searching - consumer space
* good team - former Macys, Estee Lauder, CAA
* chart is a steady uptrend, but still near NAV
Verdict - this one is being quietly accumulated, and the market's sleeping on it - nice one to take small position.