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SpaceX Pre-Listing Night!
$SPCX While the market is still fretting over the 170 level, smart money has already finished setting an ambush! The 1-hour chart shows a “V-shaped reversal,” with the MACD golden cross and expanding volume; the 4-hour chart has a continuous run of bullish candles holding steady above the BBI middle band—this is a classic “air refueling” pattern. On the daily timeframe, this is a normal pullback after breaking through a historic heavy pressure zone. At present, the market has epic short-squeeze conditions! Data shows the average short cost is $161 and the shorts have already been deeply trapped, and after U.S. stocks open tonight, $7 billion in passive buy orders are about to flood in.
Jinxin’s trading plan: At around the current price of 173, go long directly; add to the position at 168, with a target of 184. If it breaks out, trade according to the real-time volume tonight (I will be online the whole time; 👉 follow + comment).