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M.Ishaq1919
M.Ishaq1919
5. For $SPCX, the next move could come down to two things: earnings and the unlock. If earnings are strong and the unlock doesn't cause heavy distribution, the bullish side could become much more interesting. But I wouldn't declare the negative phase finished yet. The market can absorb unlocked shares over multiple days. It doesn't have to happen immediately. Remember how many traders bought above $120 simply because they believed “I think it will go higher.” 910M shares create a massive psychological pressure point. One negative condition could be enough to trigger a snowball effect. I exited at 105 and still have a small 0.3 short at 114. I'm watching, not chasing.

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