SpaceX tonight IPO! $SPCX Can it still be chased after the surge? Don't get carried away at this position, be careful that good news is already priced in!


Brothers, take a look at this K-line, SPCX rose from 168 to 170.5, the upper Bollinger band at 172.7 is right above. MACD golden cross but the red bars are shortening — upward momentum is weakening. RSI hasn't been overbought yet, but the cost-effectiveness of chasing high isn't high.
News: The largest whale holds a long position of 17.6 million USD, average price 165.7, floating profit 600,000. They have a low cost. IPO is a clear positive, but good news often turns into bad news once it is realized.
Resistance above at 172.7-174, support below at 168-166. Trading officially starts at 21:30 tonight, volatility will be very high.
Operation strategy: Aggressive traders buy near the current price of 170.5, conservative traders wait for a pullback to around 165-168 before entering long.
Remember, buy the expectation, sell the fact. The whale has already entered, don’t be the bag holder. #SpaceX认购规模超2500亿美元 #预测世界杯韩国VS捷克
SPCX%13.23
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