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


Brothers, take a look at this K-line, SPCX rose from 168 to 170.5, with the upper Bollinger Band at 172.7 right above. MACD shows a golden cross but the red bars are shortening — upward momentum is weakening. RSI isn't overbought yet, but chasing high isn't cost-effective.
News: The largest whale holds a long position of $17.6 million, average price 165.7, with a floating profit of 600k. They have a low cost basis. IPO is a clear positive, but positive news often turns into a negative when it’s already priced in.
Resistance above at 172.7-174, support below at 168-166. Trading officially begins at 21:30 tonight, and volatility will be very high.
Trading strategy: Aggressive traders can buy around the current price of 170.5, while conservative traders wait for a pullback to around 165-168 before entering long positions.
Remember, buy on expectations, sell on facts. The whales are already entering, 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
SPCX11.76%
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