It is possible that CCIV may see a slight pullback before dropping lower to collect the liquidity that lies in at around the $20-$21 area before taking off to $30+
Comment:
Barrons wrote an article about CCIV / Lucid's Air sedan. They mentioned that they really liked the car. The "Dream Edition" car will run about $170,000 but has a high ranking due to its speed and big interior. The Dream Edition car has over 1000 horsepower and can go 0-60 in about 2.5 seconds. The Tesla Model S Plaid is slightly faster with a 0-60 in about 2 seconds, though Barrons mentioned that the Lucid Air's interior is noticeable larger than Tesla's.
