$SPCX — $NVDA just disclosed a $21B SpaceX stake. Here's the setup. 🚀
Facts, not hype: • NVIDIA's SEC filing (Aug 14) shows 122.8M Class A SpaceX shares ≈ $21B (book), worth ~$170B at current prices
• $SPCX (Backpack tokenized stock, Solana) prices that exposure at just ~$6.4M mcap — a massive gap to the underlying
• Price recovered from $105 (Aug 3) to $149 (Aug 12), now consolidating $138.5–140.5
Setup (spot, small size):
▸ Entry: $138–141 (current zone) or dip-buy $134–136
▸ Stop: daily close < $134.5
▸ TP1: $146.9 → TP2: $149.3 → TP3: $157–160
▸ R:R ≈ 1:1 at TP1, ~1:2.3 at TP3 (from $140 entry)
⚠️ Thin liquidity (~$500K/24h) — wide spreads, easy to move. Position size small. Not financial advice.
#USToPressNationsToPickUSOrChinaAICoalition #SP500TopsRecord7800 #SP500EarningsBeatExpectations #CryptoStartupsRaise$11.2BInH1 #LMECopperStocksFall42DaysLongestSince2014
Facts, not hype: • NVIDIA's SEC filing (Aug 14) shows 122.8M Class A SpaceX shares ≈ $21B (book), worth ~$170B at current prices
• $SPCX (Backpack tokenized stock, Solana) prices that exposure at just ~$6.4M mcap — a massive gap to the underlying
• Price recovered from $105 (Aug 3) to $149 (Aug 12), now consolidating $138.5–140.5
Setup (spot, small size):
▸ Entry: $138–141 (current zone) or dip-buy $134–136
▸ Stop: daily close < $134.5
▸ TP1: $146.9 → TP2: $149.3 → TP3: $157–160
▸ R:R ≈ 1:1 at TP1, ~1:2.3 at TP3 (from $140 entry)
⚠️ Thin liquidity (~$500K/24h) — wide spreads, easy to move. Position size small. Not financial advice.
#USToPressNationsToPickUSOrChinaAICoalition #SP500TopsRecord7800 #SP500EarningsBeatExpectations #CryptoStartupsRaise$11.2BInH1 #LMECopperStocksFall42DaysLongestSince2014