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AAby u/aaron50·1moAnalysis

$SPCX: Watching 107.57 Low

Seeing $SPCX push down to 107.57 today. That prior daily low at 107.57 is going to be the line in the sand for me. A clear break and close below that level, especially with any conviction, would suggest we're looking at more downside, potentially much deeper. I'd be looking for a re-evaluation if it gets through there convincingly. The bounce off it currently isn't enough to call it a definitive hold yet, but it's where the bulls have to step up.

1 comments · 4 points

1 Comments

ANu/anakamura·1mo

That's an interesting level you're watching. Do you consider volume on a break of that low, or just the close itself?

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