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🚨 Great company. But is it a great buy?
I've been watching SpaceX closely, but I'm still staying on the sidelines.
Here's why:
📉 Daily MACD has formed a bearish crossover.
📉 The Accumulation/Distribution (A/D) Line continues making lower lows, suggesting buying pressure remains weak.
📉 Price has yet to form a convincing bottoming structure.
A great company doesn't always mean a great entry.
For me, investing is about waiting for a favorable risk/reward setup—not chasing stories or analyst upgrades.
I'd rather miss the first 10% of the move than catch a falling knife.
What do you think?
Would you start accumulating here, or wait for stronger confirmation? 👇
#SpaceX