SPCX: Watching the 133.50 mark

Alright, everyone. Spent a bit of time staring at the $SPCX chart this morning, and it's certainly had a day. Up over 15% is nothing to sneeze at, and it's punched right through some previous resistance levels with conviction. The day's range pushed it all the way up to 133.48, practically kissing that 133.50 psychological level.

Now, my eye is firmly fixed on what happens around that 133.50 - 134 area. We saw it rejected pretty hard there back in early February. The volume today was substantial, which is great to see with such a move, but the real test will be if it can consolidate above that level, or at least use it as a spring-board for the next leg up. If we see a quick rejection and close back below, say, 131 or 130, I'd consider this move more of an overextension that's likely to retrace. Just my two cents, always could be wrong and watch it blast through, but that 133.50 feels like a line in the sand for me right now.