$SPCX - still favoring SHORT (x75)
Quick lesson from $SPCX on reading a calm 30-minute candle.
A typical 30-minute bar here only travels about 0.3% from high to low, so a clean break would stand out. That quiet range keeps the short idea readable. Buy orders are 55.6% of the 30-minute flow, though, and that buying pressure could still undo it.
TRADE PLAN
Entry zone: 142.7 - 142.82 (ref 142.777)
TP1: 142.1 (+0.47%)
TP2: 141.6 (+0.82%)
TP3: 141.1 (+1.17%)
Stop loss: 143.37 (-0.41%)
⚠️ Personal market insight, not investment advice. DYOR.
Quick lesson from $SPCX on reading a calm 30-minute candle.
A typical 30-minute bar here only travels about 0.3% from high to low, so a clean break would stand out. That quiet range keeps the short idea readable. Buy orders are 55.6% of the 30-minute flow, though, and that buying pressure could still undo it.
TRADE PLAN
Entry zone: 142.7 - 142.82 (ref 142.777)
TP1: 142.1 (+0.47%)
TP2: 141.6 (+0.82%)
TP3: 141.1 (+1.17%)
Stop loss: 143.37 (-0.41%)
⚠️ Personal market insight, not investment advice. DYOR.