CIIG Merger Corp. is a SPAC that in November 2020 announced a merger with Arrival in a transaction valued at $5.4B that is expected to be completed in March.
Arrival is a company that produces and markets electric buses and commercial vans in the UK, so we consider it a sector that still has growth potential thanks to the UK's efforts to eliminate carbon emissions.
Technical:
MACD Level (12, 26) 4.71
Price below your MA 20 and MA 50
Average RSI levels 48.70
2 Month Support at $25.47
Arrival is a company that produces and markets electric buses and commercial vans in the UK, so we consider it a sector that still has growth potential thanks to the UK's efforts to eliminate carbon emissions.
Technical:
MACD Level (12, 26) 4.71
Price below your MA 20 and MA 50
Average RSI levels 48.70
2 Month Support at $25.47