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$SPCX This is basically dull-knife cutting off the loss.
Bought at the highs, thinking this project wouldn’t be that bad.
Bought at 200—before long, the assets can be had at a discount.
Cut your losses in time, and then it’s just empty, empty, empty—Musk doesn’t care.
In the short term, this project won’t immediately jump to 130-140.
Today is Friday; the U.S. stock market is closed on Saturday and the weekend.
Even yesterday, with the rocket launch paused, it still dropped 7-8 points.
Do you think it’ll pull back today? It won’t!
Tomorrow, around 110, it could happen—utterly disappointing #spacex
Go in short and send Musk into space to meet God.
Judging by historical cycles, a structural signal that has persisted for as long as 1,369 days has quietly emerged for the third time; and after this pattern appeared twice before, the market failed to escape the fate of a destructive sell-off—the capital fled in panic, the market value evaporated sharply, and investor confidence was nearly shattered.
Technical factors and market sentiment overlap, with short-seller force continuously building up and support levels hanging by a thread. If this time the pattern fully replicates the paths of the previous two instances, then the most brutal phase may not have truly arrived yet, and the subsequent downside could far exceed the market’s current expectations.
Faced with this rare and dangerous signal, market participants must stay highly alert, make sufficient preparations to deal with violent volatility, and never underestimate the impact brought by cycle-driven movements.