$SPCXB
We have traded crypto coins. Let's check some stocks.
SPCX earning is released and it’s very much positive. However, this positiveness is not reflecting on the chart. On 1D tf, price went to my green box which is a Fibonacci resistance and getting rejected from it. The full target of it is $111
Also, SPCX has broken down the 1D 50MA closing three daily candles below it which is bearish. As long as its below the 1D 50MA, it’s not wise to buy it right now. Wait for the dust to be settled.
However, there's a liquidity box remaining to be hit inside my green box. Price can revisit there only to get rejected again to go lower. It seems SPCX is going to have some tough times in the coming days.
#EarningsSeason #SpaceX
We have traded crypto coins. Let's check some stocks.
SPCX earning is released and it’s very much positive. However, this positiveness is not reflecting on the chart. On 1D tf, price went to my green box which is a Fibonacci resistance and getting rejected from it. The full target of it is $111
Also, SPCX has broken down the 1D 50MA closing three daily candles below it which is bearish. As long as its below the 1D 50MA, it’s not wise to buy it right now. Wait for the dust to be settled.
However, there's a liquidity box remaining to be hit inside my green box. Price can revisit there only to get rejected again to go lower. It seems SPCX is going to have some tough times in the coming days.
#EarningsSeason #SpaceX