$SPCX X just went through a major 911M-share unlock — exactly the kind of event traders often expect to short.
Before the unlock, short interest was as high as 34%. The thesis seemed straightforward: massive supply unlock → more selling pressure → short before the event.
But the market had other plans.
$SPCX is now up around 25%, while a large number of shorts have already been liquidated. With many sellers forced out, the setup is becoming more interesting.
I’m looking to open a short here and see if the remaining shorts get squeezed even harder.
📌 Entry: $133.8 – $137
This isn’t a guaranteed dump call. I’m simply watching the reaction around this zone and looking for confirmation.
#SPCX #Stocks #Trading #StockSignal
Before the unlock, short interest was as high as 34%. The thesis seemed straightforward: massive supply unlock → more selling pressure → short before the event.
But the market had other plans.
$SPCX is now up around 25%, while a large number of shorts have already been liquidated. With many sellers forced out, the setup is becoming more interesting.
I’m looking to open a short here and see if the remaining shorts get squeezed even harder.
📌 Entry: $133.8 – $137
This isn’t a guaranteed dump call. I’m simply watching the reaction around this zone and looking for confirmation.
#SPCX #Stocks #Trading #StockSignal
