SPCX long position deeply trapped at 20% loss! Brother Wan: Add blindly below 185, run at 195, don’t be timid!

Brother Wan’s view:
Long position over 210 is trapped, current price 191, do not cut losses or stop loss. Around 185 is the bottom area, add positions in batches to raise the average price, sell part of the rebound at 195 to add more, repeatedly do T, the cost gets lower and lower.

Panic selling crushes the market, rebound can come at any time
News vacuum, SpaceX retreat without new positive news, all panic stop-loss orders are selling. The more frantic the selling, the quicker it ends, after selling out it rebounds, no need to wait for big news.

185 is the bottom, oversold must rebound
Bollinger lower band at 186, concentrated chip area at 185, RSI drops to 27.4, severely oversold. Bears can’t push down anymore, first target for rebound is 195, then see the next step.

Bear trap, smart money is fleeing
24-hour liquidation of 18.75 million, long positions washed out 14.55 million. 183-185 is the dense liquidation zone for longs, bears can’t break through without massive selling pressure. Shorts are starting to close positions, clear bottom signal.

Two-step operation, simple and straightforward

Add positions: Place orders in batches at 183-185, raise the average price to around 195.

Reduce positions: First reduce the added positions at 195 during the rebound. If volume breaks through, take profit at 200-205 then reduce; if blocked, hold the bottom position and wait for a pullback to add again, repeatedly do T to lower costs.

Adjust your position size, don’t be rigid. Brother Wan monitors the market in real-time and reminds you, if you want to follow the rhythm, see the comment section.

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