đ $SPCX ripped from 158.27 to a 176.30 high on the 4h perp, now cooling at 172.29 with RSI(6) at 69.08 near overbought đ
My take: SHORT đ the move is too vertical and RSI is stretched, so I'd look for a fade from this zone with a stop above the 176.30 high, but it's a risky counter-trend trade so size small, not financial advice â ïž
$SPCX
My take: SHORT đ the move is too vertical and RSI is stretched, so I'd look for a fade from this zone with a stop above the 176.30 high, but it's a risky counter-trend trade so size small, not financial advice â ïž
$SPCX
