At present, it’s still better not to rush into a pull-up for the rocket in the short term. A large bullish candlestick combined with a short-term breakout above the 25-day moving average suggests that when it pulls back, clearing and going long has a much higher win rate. Right now, there are two relatively higher-probability ways to trade the rocket.
1: Buy on a pullback near the 25-day line
2: After the daily candlestick body closes below the 25-day line, place a short order near the 25-day line
If you’re more bold, you can pull back a bit near the current price to go long. It’s not suitable to blindly lean bearish right now. If, in the short term, it truly moves upward in a sideways-to-up trend, then tapping around 150 should be fine too. If it goes higher than that, you’ll need more imagination. Personally, I feel #spcxb $SPCXB
1: Buy on a pullback near the 25-day line
2: After the daily candlestick body closes below the 25-day line, place a short order near the 25-day line
If you’re more bold, you can pull back a bit near the current price to go long. It’s not suitable to blindly lean bearish right now. If, in the short term, it truly moves upward in a sideways-to-up trend, then tapping around 150 should be fine too. If it goes higher than that, you’ll need more imagination. Personally, I feel #spcxb $SPCXB