SPCX this trend is squeezing me so hard I can’t breathe—price is lying under the moving average. It bounces up a little and then gets slapped back to where it was by aggressive sell orders. In the past four hours there have been six candlesticks, with four of them bleeding. The bulls are still holding on, and in the futures accounts the bulls account for more than half—but the active sell orders have been pressing the buy side into the ground. Retail investors’ faith is the fuel for scumbag whales. The lower the position goes, the more excited the eventual bag-holder gets. If this “spring” is compressed all the way down before you finally let go… it may end up sending it straight on its way.