CCIV Stock Up +30% on Tuesday | $CCIV Technical Analysis

CCIV stock had a big day on Tuesday February 16th when this was filmed and TraderMo took a minute to take a look at the technicals of this company and give his approach to this rising stock.

Although not confirmed, CCIV has been in talks with Lucid motors and it seems that was big enough news to make investors salivate to get in on this stock. It rose +30% alone on Tuesday. This SPAC appears to be fast tracked to be quite the gainer in terms of momentum.

TraderMo give his input on how this stock looks on a technical analysis front to see just how good this stock is from a day trading standpoint along with a few other angles. Is this stock good for trading, some would argue its just too new and the support just isn't there, but that's not slowing people down.

Are you trading on this stock and looking to get in on the ground floor of this company and the merger deal with Lucid Motors? Check out the full video to see what we see when we look at this company.
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