$SPCX
Short Setup
The bounce looks weak, with downside momentum potentially resuming after this pause.
Trade plan:
Entry: 134.93 - 135.60
Take Profit 1: 128.68
Take Profit 2: 123.41
Stop-Loss: 139.67
If sellers step back in, the next move lower could be underway!
Be careful: A sudden volume-backed reclaim of the 15m MA25 could invalidate the short thesis.
Never go all-in, fam. Use a position size that fits your account and risk tolerance. Not financial advice.
Short Setup
The bounce looks weak, with downside momentum potentially resuming after this pause.
Trade plan:
Entry: 134.93 - 135.60
Take Profit 1: 128.68
Take Profit 2: 123.41
Stop-Loss: 139.67
If sellers step back in, the next move lower could be underway!
Be careful: A sudden volume-backed reclaim of the 15m MA25 could invalidate the short thesis.
Never go all-in, fam. Use a position size that fits your account and risk tolerance. Not financial advice.
