🚀 SPCX is moving again — but is Elon Musk’s SpaceX rally just getting started?
$SPCX is around $146.23, up 4.39%, with the stock gaining ~22% over the past 4 weeks. Momentum is clearly bullish, but volatility remains high.
📈 Resistance: $150–$155
🛡️ Support: $135–$140
🔥 Bull case: A clean break above $150 with strong volume could open the door toward the recent highs.
⚠️ Bear case: Rejection near $150 + weak volume could trigger a pullback toward $140/$135.
Catalyst: SpaceX reported $7.8B revenue in its first public earnings, while Elon Musk continues highlighting Starlink’s global expansion and AI/data-center ambitions.
Biggest risk: valuation + extreme volatility. Today’s commentary also includes strong criticism that the stock may be overvalued.
👉 Do you think Elon Musk can push $SPCX above $150, or is a pullback coming first?
#SpaceX #SPCX #ElonMusk #StockMarket #Trading #Crypto #BinanceSquare
$SPCX is around $146.23, up 4.39%, with the stock gaining ~22% over the past 4 weeks. Momentum is clearly bullish, but volatility remains high.
📈 Resistance: $150–$155
🛡️ Support: $135–$140
🔥 Bull case: A clean break above $150 with strong volume could open the door toward the recent highs.
⚠️ Bear case: Rejection near $150 + weak volume could trigger a pullback toward $140/$135.
Catalyst: SpaceX reported $7.8B revenue in its first public earnings, while Elon Musk continues highlighting Starlink’s global expansion and AI/data-center ambitions.
Biggest risk: valuation + extreme volatility. Today’s commentary also includes strong criticism that the stock may be overvalued.
👉 Do you think Elon Musk can push $SPCX above $150, or is a pullback coming first?
#SpaceX #SPCX #ElonMusk #StockMarket #Trading #Crypto #BinanceSquare
