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M.Ishaq1919
M.Ishaq1919
16. Don't celebrate the end of the $SPCX bearish phase too early. Yes, positive earnings would be a strong catalyst. Yes, a controlled unlock would also be positive. But 910M shares still represent a significant potential supply overhang. And sellers don't have to dump everything on day one. They can wait. That's why I expect volatility to remain high. Many traders above $120 were trapped because they simply believed the price would recover. I exited around 105 and remain slightly short around 114. Patience is still the best strategy for me.

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