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$SPACEX JUST LOST A THIRD OF ITS VALUE IN A WEEK 📉
SpaceX has reversed 31% from its June 16 record high of $225.64, now trading near $154.54. The pullback came fast — eight days of selling erased tens of billions in market cap. A thin public float and lock-up rules are amplifying every move, making this stock extra sensitive to any shift in sentiment.
Volume spiked during the drop and the stock is now testing the $150 support zone that held during the IPO week. If that level breaks, the next major floor could be much lower. Are you stepping in here or waiting for more downside?
Not financial advice. Always manage your risk.
#SPACEX #Breakdown #Volatility #StockMarket #DipOrDump
💎
SpaceX has reversed 31% from its June 16 record high of $225.64, now trading near $154.54. The pullback came fast — eight days of selling erased tens of billions in market cap. A thin public float and lock-up rules are amplifying every move, making this stock extra sensitive to any shift in sentiment.
Volume spiked during the drop and the stock is now testing the $150 support zone that held during the IPO week. If that level breaks, the next major floor could be much lower. Are you stepping in here or waiting for more downside?
Not financial advice. Always manage your risk.
#SPACEX #Breakdown #Volatility #StockMarket #DipOrDump
💎
SPCXUS-0.37%
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