IPOC
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.
IPOF $20 price target Chamath Palihapitiya, the one and only spaq king, has so many of these its hard to keep track. I like this will get to $20 in the next 6 months. I intend to be adding on dips around the blue horizontal lines which are weekly levels of interest. The Chamath wave is just starting.
IPOC short to long termThis trading success depends on positive news regarding merger. Potential entries and targets.
IPOC is set to reach the MOON!With IPOC clearly broke the all time high now it is a blue sky breakout happening for IPOC. Watchout for this stock as it can go up until reaching $20-$25 for the next month according to the Fibonacci Retracement method
IPOC - Gap to fill, two potential entry points scoped outThe price is currently hovering between 2 price levels that were established as a range back in July 2020.
We can see a triangle that needs to complete. Two possible points of entry scoped out.
I would have preferred to enter this when the 200MA was flipped a few weeks ago, ideal entry point.
There's a gap to fill and I do think the momentum is likely to be upwards.
Action: Monitor the chart and keep an eye on how this develops. Look further into FA
