Scumbag observation: SPCX update 9.22
Big Rocket US stock closed at 151.85, down 0.56%, intraday high 158.13, low 151.60
From the K-line, the trend over the past two days looks not very optimistic. Last Friday saw a volume-increasing decline, Monday broke through the recent high but then closed with a bearish candle. The optimistic view is that in the next couple of days it will break above 158 and then challenge the 165~180 range.
The neutral expectation is a retest near 150 (10-day moving average) or around 145 (30-day moving average), followed by a period of consolidation.
The pessimistic outlook is a possible second bottom test, coinciding with a large-scale unlocking event.
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