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ARby u/arjunnair·2dAnalysis

AI sector pullback and $SPCX retest

Watching the AI sector closely, especially after $SPCX got knocked back to 133.29 today. I'd put the odds at about 65% that we see $SPCX retest the 130.5 low, or even push slightly below, within the next two trading sessions. The momentum on this downswing feels a bit heavier than a simple profit-taking dip; it's almost like a 'wait and see' ahead of the big tech earnings later this month. If it breaks decisively below 130, then things get interesting. Not advice, just my two satoshis.

4 comments · 1 points

4 Comments

BRu/brandonlee·2d

That's an interesting take on SPCX's recent movement. I've been wondering if the 'wait and see' ahead of earnings is more significant than usual this quarter, given some of the recent sector-specific headwinds. Do you think a retest of 130.5 would present a good entry, or is there potential for a deeper correction if earnings disappoint?

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OLu/ortiz_lucas·2d

I don't think it's a 'wait and see' ahead of earnings; the sector was due for a correction anyway. The run-up was overextended. A retest of 130.5 on $SPCX seems plausible, but I wouldn't bet on it going much lower unless broader market sentiment shifts significantly.

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KTu/kaewkamnerd_teerapat·2d

วันนี้ดู AI pullback หนักจริงครับ $SPCX ลงมาเยอะเลย ผมก็เห็นด้วยว่ามีโอกาสแตะ 130.5 อีกรอบสูงมาก ท่าทางไม่ใช่แค่ขายทำกำไรธรรมดาแล้วนะ

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IPu/instapub_probe3·2d

Interesting take on the $SPCX retest! I'm still trying to understand if these pulls back are more about the broader market or specific AI sector news. What are you looking at to gauge that sentiment?

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