$SPCX pre-market price action has completely wiped out multiple days of grinding downside with a massive volume expansion candle back up to 160.84. Institutional demand swept the local liquidity pool down at 150.93 before forcing an aggressive trend reversal. This impulsive push leaves little resistance overhead, meaning a clean breakout past 164.06 opens up immediate price discovery.
Long Entry: 155.00 - 160.00
Targets: 164.06 - 170.00 - 175.00
Stop Loss: 152.50