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M.Ishaq1919
3.
$SPCX is entering a critical phase.
If the earnings report comes in strong and the unlock isn't as bearish as expected, then the upside narrative deserves attention.
But I wouldn't say the negative side is completely over yet.
Having unlocked shares doesn't automatically mean everyone sells on day one. Day two, day three, or even later can bring the real selling pressure.
A lot of traders got trapped above $120 simply because they thought, “I think it will recover.”
With 910M shares involved, even one negative catalyst can trigger panic selling.
I already called for an exit near 105. I'm still holding a small 0.3 short around 114.
Patience matters.
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