CCIV STOCK PRICE PREDICTION | Key updates for investors | LCID

Over the last weeks, shareholders of CCIV have seen a strong period. The recent Lucid UX video was long expected and investors appear to wonder whether CCIV stock is too cheap to ignore. The electric car manufacturer is appearing more and more in the media and the long expected merger seems to be finalized soon.

CCIV has shown serious strength this week as investors continue to buy back into the SPAC stock with growing anticipation for the pending merger. Shares have now created a new support above both the 50 and 200-day moving averages. And the stock should continue this trend towards the merger date. Last week CCIV added almost 5% and closed the week just under $24, which is the highest since april. Since then it has done nothing but rise!
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Timecodes
0:00 Intro
1:46 The merger date and events
3:06 Main updates
4:00 Biggest catalysts
5:20 The class action lawsuit
6:54 Joe Biden’s infrastructure spending plan
7:52 Wrap up
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