Shares of Churchill Capital Corp (CCIV) are dropping again today. This SPAC that Lucid Motors is merging with continues to crater. The Churchill Capital stock chart analysis does signal a strong buy for a swing trade at $25.30 though. This is a major gap fill and a 60% drop from the recent all-time high. While ultimately the stock will go lower, a swing trade technical bounce will likely come in, pushing the stock back towards $30.00.
(Click on image to enlarge)





Comments
Log in or sign up to join the conversation.