$SPCX
Yesterday a friend wanted to go long on spcx!
Luckily before he did it, he asked Bingjie to analyze it first 🤭🤭
Bingjie felt that the 150 level ahead is a very strong resistance point. In the short term, spcx probably can’t break through, and the reason it had surged so hard earlier was mainly due to institutional funds and market hype driven by news related to Musk.
The news catalyst is one part of it.
Also, on 8.20, another batch of shares is set to be unblocked/fully released. So the last rally was very likely the market preparing and “warming up” for it, getting ready for the upcoming selling pressure from the unlocks in advance.
So Bingjie’s thinking yesterday was relatively bearish. She predicted it would drop to around 130. Sure enough, it played out exactly as she said—at the lowest, it fell to 135 🤭🤭
Bingjie keeps bringing her followers to wait and position for opportunities to “catch meat.” When the chance came, she got on decisively, took profit when the target was hit, and then exited just as decisively. No hesitation, no daydreaming, no “falling in love” with the market. 😘
While others were still debating whether to enter, the opportunity had already been eaten up 🤭🤭
Yesterday a friend wanted to go long on spcx!
Luckily before he did it, he asked Bingjie to analyze it first 🤭🤭
Bingjie felt that the 150 level ahead is a very strong resistance point. In the short term, spcx probably can’t break through, and the reason it had surged so hard earlier was mainly due to institutional funds and market hype driven by news related to Musk.
The news catalyst is one part of it.
Also, on 8.20, another batch of shares is set to be unblocked/fully released. So the last rally was very likely the market preparing and “warming up” for it, getting ready for the upcoming selling pressure from the unlocks in advance.
So Bingjie’s thinking yesterday was relatively bearish. She predicted it would drop to around 130. Sure enough, it played out exactly as she said—at the lowest, it fell to 135 🤭🤭
Bingjie keeps bringing her followers to wait and position for opportunities to “catch meat.” When the chance came, she got on decisively, took profit when the target was hit, and then exited just as decisively. No hesitation, no daydreaming, no “falling in love” with the market. 😘
While others were still debating whether to enter, the opportunity had already been eaten up 🤭🤭