$SPCX October 17: The market has already priced in the lockup expiration. What’s next for Rocket?
The current support level is 139, with many institutions defending the price below that level. Earlier speculation around SPCX drove the price higher, and institutions raised their target prices to over 200. The short-term negative impact of the share unlock has already been priced in.
Based on SPCX’s current trend and the positive news from Tesla’s car launch, only a small number of shareholders are likely to sell after the unlock; most will continue to hold. The outlook remains bullish!
Some of you have also been asking Brother Chai: Has Rocket hit bottom?
After rising to 176 and then falling to the current 147, it has reached a low. You can enter a long position. First target: 155; second target: 160. The forum can be delayed, so news takes priority. Follow the Chai crew 👇👇
#SPCX #SPCX九亿股解锁压力
The current support level is 139, with many institutions defending the price below that level. Earlier speculation around SPCX drove the price higher, and institutions raised their target prices to over 200. The short-term negative impact of the share unlock has already been priced in.
Based on SPCX’s current trend and the positive news from Tesla’s car launch, only a small number of shareholders are likely to sell after the unlock; most will continue to hold. The outlook remains bullish!
Some of you have also been asking Brother Chai: Has Rocket hit bottom?
After rising to 176 and then falling to the current 147, it has reached a low. You can enter a long position. First target: 155; second target: 160. The forum can be delayed, so news takes priority. Follow the Chai crew 👇👇
#SPCX #SPCX九亿股解锁压力