$SPCX On the daily chart, a hanging hammer candle appeared, so this level is currently forming support. On the four-hour chart, it is still not favorable for the bulls—although it was pushed up, immediately afterward there was a bearish engulfing candle wrapping the bullish one. To go long, you would need to wait for a move down to test below. Look at the one-hour chart: you’ll find that 120 is a support level there. There is also a hammer candle on the one-hour chart, so everyone can now enter and go long. Exit if it breaks 119.5; if it can’t break, it should move up.