CCIV
CCIV - bouncing after 57% dropSpeculative Play, I'm going long CCIV, NIO, XPEV, WKHS, PLUG at the Year Open pricing given the huge dips.
I expect 1 or more to go to near ZERO, but 1 or more to be the next baby Tesla
Small amounts I'm willing to lose to find the next great EV play even as EV loses stem in the public's eyes.
Buffett, Be cautious when others are greedy, and greedy when others are cautious.
TAN for Solar is getting interesting too. QCLN for the overall is a LONG for me too. LIN for Hydrogen
The world is going green. "Green New Deal" new US leadership.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
CCV - The Stock Market in 3D - reached targetThis zone was on watch for a bounce. Will wait for the NAS to show an hourly trend change.
CCIV - WHAT YOU HAVNT NOTICED - A QS REPLICA? As you can be by the following my previous idea was based was QuantumScape. The new opportunity arised when i saw that the 2 charts, are mostly identical in terms of price action and technical analysis.
1. CCIV have had 5 major waves down, finishing off at the 2.618 trend-based fib-Extension. QS has the exact same level of 2.618 where it bounced of the last time.
2. On the 15min chart we can see that QS and CCIV are hovering around the same RSI level: 18. If this is true, CCIV is likely to break up here.
3. After the QS long, QS had a return of 75%. If the compare the two it should put CCIV at 42 USD.
Remember to give this a like, and i will keep this updated with daily technical analysis.
May the chart be with you.
Previous QS IDEA:
$CCIV Long Road AheadI've had the downward ray drawn in the same spot since before big breakout. It signaled it, in fact.
Seems like we're going to continue sliding down that slope for some time. Ticker conversion may prove to be a catalyst, but nothing else indicating a rally right now.
The $60 Jan 2022 contracts are very attractive at current prices, IMO.
$CCIV
Churchill Capital - CCIV - LUCID Motors - The Gap is filled!Churchill Capital - CCIV - LUCID Motors - The Gap is filled! From a technical point, price is free to go up and fill the larger gap above? We are now expecting some fundamental catalyst to spark the turnaround? What will the catalyst be? Any thoughts? We will see? Not financial advice.
Thoughts CCIV vs FSRSPAC's have the same trading cycles. Right now we're in the cycle after the Acquisition news sell off. This is the area where price is finding support and eventually a selling climax area. IMO CCIv has not found its preliminary support before hitting a selling climax at the 21-23 range. ( Research Wyckoff Method )
$CCIV - Dip to 22?Some confluence at Wave 2 Retrace. Could dip to 22 out of the triangle before we make a bigger move up through wave 3.
$CCIV Long term holdCCIV showed promising strength and consolidation despite the market downturn last week. On Friday, when stocks were either red or flat, CCIV managed to print higher lows off of this 5 wave correction. Call to put ratio volume was incredibly bullish at option strikes 31c and above last Friday 2/26/21. This entire setup will be invalidated if CCIV goes under 26.68
$CCIV bigger picture Elliot Wave Please see notes,
Seems like 1st wave was finished and the heavy dump is a 0.618 0.786 fib retracement which is typical for wave 2 corrective.
If we assume we are in the 2nd wave then it's time to head towards the 3 wave which is 1.618 of wave 1 fib extension.
Can we see $CCIV reaches $115 ???
LMK BELOW
CCIV - ABCD pattern As I told before, I'm bullish on CCIV.
I added ABCD pattern in the chart to show how it will evolve.
After all the noise is gone, it will hit back to the trending channel in the middle and up.
CCIV - Back to the moonLooks like we have support here and just turned back from 26 range as I told before on one of my other analysis.
RSI was too oversold and now pushing back above oversold level.
MACD just crossed.
NASDAQ just made double bottom, and 10 year bond could not reach above 1.51, good signs for bullish.
Based on Fibo level and RSI
Price target 1: 34
Price target 2: 42
Price target 3: 46
CCIV - back to the moon?I don't usually like trying to catch a falling knife, but... it might be worth it to try. Lucid looks to be the real deal
I'm big on patterns and trends, I like to see gaps closed. I don't think it's completely unreasonable to see this play out in this way.
I've been buying the dips today, I really like buying under $36 and see it heading to $49 before leveling off around $44.
tl;dr - stonk go down too quickly, stonk back to moon soon
Churchill Capital - CCIV - Hitting the Buy Zone?Churchill Capital - CCIV - Hitting the Buy Zone? CCIV is closer to the value entry price? Keep in mind that there are a lot of obstacles still ahead for LUCID Motors. If they do not have solid plans, the other existing car manufacturers will start to reveal their electric cars. Yes, people will go for a luxury EV from a proven brand like Mercedes, Audi or BMW at the LUCID Dream price point. Also, The first EV company to reveal a sizable car priced between $20K to $30K may dominate sales(Tesla may be closer to delivering on this)? So time is of the essence for LUCID to establish its brand and truly become a car manufacturer and not just designers. As far as the stock and the price, we are closer to a better entry at this point? Not financial advice.
CCIV - Oversold potentially 10x stockI was one of the few who did an analysis where I told that CCIV would drop a lot.
but this is absolutely an oversold level. People may be totally crazy, this stock will be pushing back!
Support at 26, 20, and 16.
Push back more likely from 25-26 range, good support here.
CCIV - Time to buyDouble bottom at 30 ish now and RSI too much oversold(PEOPLE ARE CRAZY).
CCIV keeps inside both trendlines, this is absolutely the best time to buying in NOW.
The fundamentals and projected revenue will price in soon.
And I don't think the price will be below 40 in coming weeks.
Support - confirmed
Fibo level - confirmed
RSI oversold - confirmed
Trendline - confirmed
BUY and HOLD, we are bullish
CCIV is lucid dreamingI recently told some friends to take profit and "sell the news" They didn't take my advice... Was riding on the upper end of the top channel and filled out an ascending triangle that signaled a reversal.
I would wait a bit before re-entry on a nice discount here. Get ready for calls soon. Cheers!
Please like/share, thank you!
Churchill Capital CCIV - Lucid Motor vs Tesla near buy target?Churchill Capital CCIV - Lucid Motor vs Tesla. CCIV near buy target? Then looking for 100% short term gain? Patients pays off? Not financial advice.
$CCIV + Divergence on 15 min-Long $CCIV + Divergence on 15 min-Long
Target $ 43++++
Do your DD, this is not investment advise