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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.
1 comments · 4 points
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.