Long
STPK: Load the truck
SPAC’s have been taking an absolute beating as the market has been swinging around the past few weeks
STPK has seen a 50% decline in its price from the peak just a few weeks ago, blowing past almost every conceivable support, including a strong area of consolidation at $34 a share
Today we have approach what I believe is the bottom of this downward pressure. This company has some serious potential, and I will not go into all of that, there are plenty of articles across the Web which deeply describe the financials and fundamental case for this company
Time to go long
STPK has seen a 50% decline in its price from the peak just a few weeks ago, blowing past almost every conceivable support, including a strong area of consolidation at $34 a share
Today we have approach what I believe is the bottom of this downward pressure. This company has some serious potential, and I will not go into all of that, there are plenty of articles across the Web which deeply describe the financials and fundamental case for this company
Time to go long
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.