I 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.
CIIG 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...
VLEEY ENTRY = 17 - 20 CAD = 618@14.80 HODL 26+ EV LiDAR PLAY - Playing a Major Role in Tomorrow's Mobility www.valeo.com ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form...
CIIC - Watching for Breakout to New Highs ______________________________________ ENTRY = 27-30 1st Target = 618fib @ 32 2nd Target = 786fib @ 34 HODL Target = 40+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only....
Consolidating sideways preparing for takeoff
📌 The five puts for Christmas stocking fillers.... $CIIC ... $TPGY... $ACB... $QS... $BLNK ... =================================================================== These materials do not constitute an offer or a solicitation of an offer to buy or sell without the prior investment products or securities, including...
First Off, This is not a "Short" Stance in any shape or form. I am being realistic and know how SPAC Merger waiting periods effect stock movement. The Arrival / CIIC Merger is projected to close between Mid to Late Q1 (Q1 2021: Jan 1st -Mar 31st)... So there will be a waiting period. Arrival is by far one of the best EV Companies to start an investment in due...
We are at 0.618 retracement, going to Fib 1.618, sitting on trendline support Price target 47$