CIIC Long Term movement in coming monthsI believe that with the hype of SPACs dying down, attention has moved away from a very big SPAC player. Within the upcoming months, CIIC will move in an uptrend because of its companies fundamentals and because of the catalyst that follows. Two catalysts are its official merger and the start of their production line.
CIIC
Buy $CIIC - NRPicks Feb 07CIIG Merger Corp. is a SPAC that in November 2020 announced a merger with Arrival in a transaction valued at $5.4B that is expected to be completed in March.
Arrival is a company that produces and markets electric buses and commercial vans in the UK, so we consider it a sector that still has growth potential thanks to the UK's efforts to eliminate carbon emissions.
Technical:
MACD Level (12, 26) 4.71
Price below your MA 20 and MA 50
Average RSI levels 48.70
2 Month Support at $25.47
VLEEY - VALEO - LiDAR Driving the Autonomous VehiclesVLEEY
ENTRY = 17 - 20
CAD = 618@14.80
HODL 26+
EV LiDAR PLAY - Playing a Major Role in Tomorrow's Mobility
www.valeo.com
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
CIIC - Watching for Breakout to New HighsCIIC - Watching for Breakout to New Highs
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ENTRY = 27-30
1st Target = 618fib @ 32
2nd Target = 786fib @ 34
HODL Target = 40+
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
ridethepig | Five Puts for stocking fillers 🎄 📌 The five puts for Christmas stocking fillers....
$CIIC ...
$TPGY...
$ACB...
$QS...
$BLNK ...
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or sell without the prior investment products or securities, including security-
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$CIIC Consolidation Phase Coming Soon (Entry Point: $17-$20)First Off, This is not a "Short" Stance in any shape or form.
I am being realistic and know how SPAC Merger waiting periods effect stock movement.
The Arrival / CIIC Merger is projected to close between Mid to Late Q1 (Q1 2021: Jan 1st -Mar 31st)... So there will be a waiting period.
Arrival is by far one of the best EV Companies to start an investment in due to their business strategy (Micro-factories) and sectors they are focusing (Delivery Vans & Metropolitan Bus).
Also it helps that it continues to receive extensive publicity from YouTube and CNBC (Jim Cramer)... But don't get emotional and fall for FOMO.
Find the entry point and enjoy your investment.
CIIC is ready for an equal measured move higherWe are at 0.618 retracement, going to Fib 1.618, sitting on trendline support
Price target 47$
