SPACs research - 18 January 2021 - looking for SPACs under $11Today I am exclusively looking for SPACs that are as close as possible to $10 (also known as 'NAV') and have quality teams. Not fussy about what stage they're at in the process.
$CRHC - Cohn Robbins Holdings Corp
* currently searching, not targeting specific industry
* solid team: Cohn former director of National Economic Council (NEC) and ex Goldman Sachs COO
* chart currently at local resistance-support flip
Verdict: watch for entry, take 1/3 position for long hold
$ATAC - Altimore Acquisition Corp
* definitive agreement in place
* Owl Rock and Dyal Capital merging to form 'Blue Owl'
* currently trading in a tight range between NAV and resistance ($12)
Verdict - solid - question if range will break up or down in short term - set bids here and in the 10 - 10.5 region.
$DEH - D8 Holdings
* currently searching - consumer space
* good team - former Macys, Estee Lauder, CAA
* chart is a steady uptrend, but still near NAV
Verdict - this one is being quietly accumulated, and the market's sleeping on it - nice one to take small position.
Clover
$CLOV is setting up nicely for a big move$CLOV is setting up nicely for a big move. Looking for a break from the trendines in the new couple of days. Currently looking bullish.
IPOF $20 price target Chamath Palihapitiya, the one and only spaq king, has so many of these its hard to keep track. I like this will get to $20 in the next 6 months. I intend to be adding on dips around the blue horizontal lines which are weekly levels of interest. The Chamath wave is just starting.
Clover, Decision time today or next week. $CLVWhich way is the price going to go?
From looking at the RSI, MACD and DMI, we are more likely to break to the upside.
Worth adding to the watchlist.
