$SPCX price on MA and MA again is going back up
looks like Long is good but not sure yet, guys.
issues are:
1. wick (shadow) candles just tested the old bottom but didn’t break through and go up???
2. the number of people holding bags in the 150 area increases - who will rescue them? no, this is actually the best price zone for them to get out of the trade.
3. a successful IPO doesn’t mean the price will surge strongly! on the contrary
in my view, this is truly a Short zone with more entries and smaller losses.
even within the next 3-7 days, the closing candle will decide the trend.
hope it’s like the time I shared the Long opportunity for BTC at 63,000
looks like Long is good but not sure yet, guys.
issues are:
1. wick (shadow) candles just tested the old bottom but didn’t break through and go up???
2. the number of people holding bags in the 150 area increases - who will rescue them? no, this is actually the best price zone for them to get out of the trade.
3. a successful IPO doesn’t mean the price will surge strongly! on the contrary
in my view, this is truly a Short zone with more entries and smaller losses.
even within the next 3-7 days, the closing candle will decide the trend.
hope it’s like the time I shared the Long opportunity for BTC at 63,000