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The stock is testing the $150 area, which has acted as an important level since its debut. A clean breakout and hold above it could open the door toward $170 next. Recent price action has already shown strong momentum off the lows. Investor's Business Daily
I wouldn't call $170 automatic, though. I want to see $150 turn into support rather than just a quick wick above it.
For me, the setup is simple:
Break and hold $150 → $170 becomes the next level I'm watching.
If it gets rejected again, I'd rather wait than force the trade.
#GateEventPointsSystemLaunched
$SPCX