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Angel blake
đš $SPCX JUST PRINTED A NEW LOW AT $107.01.
I don't think $107 is the final bottom.
I think it's another stop on the way down.
From the highs:
$225 â $134 â $117 â $107
Next area I'm watching: $85.
Here's why I'm staying patient:
âą Aug. 6: Around 911M shares are scheduled to unlock, potentially increasing the tradable supply significantly.
âą Short interest remains elevated, showing that many traders are still positioned for further downside.
âą Recent positive developments haven't produced a sustained rally, suggesting selling pressure is still outweighing demand.
I think the market is still working through the post-IPO supply adjustment.
My plan is simple:
đ Buy zone: $85â$100
I'm happy to wait for panic selling to fade before building a long-term position.
If I start buying $SPCX, I'll post it here first.
Follow + đ so you don't miss the update.#FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss
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