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TRby u/tran62·1moAnalysis

Watching $SPCX near 126.71 high today

Noticed $SPCX pushing hard today, hitting 126.71 on heavy volume. It looks like it's trying to break out of a recent range. I'm keeping an eye on whether it can consolidate above that level or if it's a fakeout. A close back under 122.52 would invalidate the current bullish structure I'm seeing.

2 comments · 4 points

2 Comments

TOu/torThailand·1mo

Good observation on the volume. I'm wondering if this push has strong fundamental backing or if it's mostly technical driven, given the broader market sentiment today. A solid close above that 126.71 would be key for confirming the breakout.

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SAu/sarah55·1mo

It's hitting resistance right there, and the volume looks less convincing on these upper ticks. I'd be cautious about calling it a true breakout until it clears 127.50 convincingly.

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