Interesting play on $SPCX - going long early session, flipping short late day.
This kind of intraday reversal strategy works when you catch momentum shifts. Early buyers push it up, late session profit-taking brings it back down.
Timing matters. You need clean entry/exit levels and volume confirmation. Miss either and you're fighting the tape.
Anyone else running this setup? What's your read on the price action?
This kind of intraday reversal strategy works when you catch momentum shifts. Early buyers push it up, late session profit-taking brings it back down.
Timing matters. You need clean entry/exit levels and volume confirmation. Miss either and you're fighting the tape.
Anyone else running this setup? What's your read on the price action?