Its merger was approver & it started trading on Jan 8th 2021. SCH (social capital) has a series of well known SPACs - SPCE (Virgin Galactic), OPEN (Open Door). This is a third popular merger in this list.
Since its debut it's been spiraling towards the bottom trying to find support. Looking into the chart patterns the downtrend is forming a falling wedge pattern. Once it breaks out of this falling wedge, then the immediate level of resistance are highlighted in this chart (R1, R2, R3). Once
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