$SPCXB just made a strong breakout from the $150 area and pushed toward $176, but price is now showing some rejection near the highs.
The move is looking a bit overheated after that sharp pump. If buyers fail to reclaim the $170 area, I’d expect a pullback toward $160 and potentially $154.5. 📉
A clean break back above $170 could change the setup, so this level is important to watch.
The move is looking a bit overheated after that sharp pump. If buyers fail to reclaim the $170 area, I’d expect a pullback toward $160 and potentially $154.5. 📉
A clean break back above $170 could change the setup, so this level is important to watch.