đ SPCX is moving again â but is Elon Muskâs SpaceX rally just getting started?
$SPCX is around $146.23, up 4.39%, with the stock gaining ~22% over the past 4 weeks. Momentum is clearly bullish, but volatility remains high.
đ Resistance: $150â$155
đĄïž Support: $135â$140
đ„ Bull case: A clean break above $150 with strong volume could open the door toward the recent highs.
â ïž Bear case: Rejection near $150 + weak volume could trigger a pullback toward $140/$135.
Catalyst: SpaceX reported $7.8B revenue in its first public earnings, while Elon Musk continues highlighting Starlinkâs global expansion and AI/data-center ambitions.
Biggest risk: valuation + extreme volatility. Todayâs commentary also includes strong criticism that the stock may be overvalued.
đ Do you think Elon Musk can push $SPCX above $150, or is a pullback coming first?
#SpaceX #SPCX #ElonMusk #StockMarket #Trading #Crypto #BinanceSquare
$SPCX is around $146.23, up 4.39%, with the stock gaining ~22% over the past 4 weeks. Momentum is clearly bullish, but volatility remains high.
đ Resistance: $150â$155
đĄïž Support: $135â$140
đ„ Bull case: A clean break above $150 with strong volume could open the door toward the recent highs.
â ïž Bear case: Rejection near $150 + weak volume could trigger a pullback toward $140/$135.
Catalyst: SpaceX reported $7.8B revenue in its first public earnings, while Elon Musk continues highlighting Starlinkâs global expansion and AI/data-center ambitions.
Biggest risk: valuation + extreme volatility. Todayâs commentary also includes strong criticism that the stock may be overvalued.
đ Do you think Elon Musk can push $SPCX above $150, or is a pullback coming first?
#SpaceX #SPCX #ElonMusk #StockMarket #Trading #Crypto #BinanceSquare
