How? $SPCX is estimated to break below 140.
The current intraday rally is faltering; overall the trend is downward.
In September, two batches of shares will be unlocked. Although it’s not certain that there will be a sharp plunge, it will definitely affect the stock price—once at 9.9 and once at 9.24.
Right now the back-and-forth movement within the 140 range is too obvious.
Compared with the previous market trend, the decline is slower but now the drop is also fast.
With several days of sideways trading, what you may get back is continued sharp selling.
The institutions are distributing shares—don’t panic. The short at 130 will break even soon.
#spcx
The current intraday rally is faltering; overall the trend is downward.
In September, two batches of shares will be unlocked. Although it’s not certain that there will be a sharp plunge, it will definitely affect the stock price—once at 9.9 and once at 9.24.
Right now the back-and-forth movement within the 140 range is too obvious.
Compared with the previous market trend, the decline is slower but now the drop is also fast.
With several days of sideways trading, what you may get back is continued sharp selling.
The institutions are distributing shares—don’t panic. The short at 130 will break even soon.
#spcx
