$SPCX | Space Exploration Technologies Corp. (NASDAQ)

Oliver Georgina
10-08

Technical Architecture & Volume Dynamics

  • Post-IPO Base & Reaccumulation: Following its record June 2026 IPO at $135 and subsequent rally to $225.64, $SpaceX(SPCX)$ absorbed massive supply through late summer lock-up expiration tranches. The equity bottomed in the $104.83–$108.37 zone before staging a V-shaped recovery back above its 50-day moving average.

  • NASDAQ-100 Rebalancing Flow: Inclusion in the NASDAQ-100 (2.82% weighting) in late September injected sustained passive index demand. Recent consolidation in the $165.00–$172.00 range represents high-volume accumulation absorbing remaining post-lockup liquidity.

  • Key Technical Levels:

    Immediate Resistance: $172.00 (October peak), followed by $192.00 (interim swing high) and $225.64 (all-time high).

    Key Support: $164.00 (short-term VWAP anchor), $154.50 (September higher-low shelf), and $148.00 (critical structural support).

Fundamental Catalysts & Operational Context

  • Monetization Engine (Connectivity & Space AI): Q2 revenue expanded +92% YoY to $7.81B, driven by Starlink Connectivity ($4.29B, +66% YoY) generating $1.65B in operating profit. Rapid expansion into space-based AI compute/direct-to-cell infrastructure continues to front-load capital expenditures ($18.37B in Q2).

  • Balance Sheet Liquidity: Holding ~$100B in cash and marketable securities against ~$39B in total debt and finance leases provides an unprecedented cash buffer to fund aggressive orbital network deployment through 2027. $NVIDIA(NVDA)$

  • Upcoming Drivers: Q3 earnings announcement (mid-November 2026), Starship orbital cadence expansion, and ongoing enterprise/defense Starshield contract expansions.

  • $Tesla Motors(TSLA)$

Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Zi Hsu
    10-08
    Zi Hsu
    I keep seeing Owen mentioned in different trading discussions. I’ve been trying to make sense of the current macro environment myself, but there’s so much conflicting information. For people who follow his work, where do you usually find his market analysis and daily breakdowns?
    • Hong Kao: 
      sear'ch @owenmoshey you weill see hıs profıle
    • Hong Kao: 
      he Mostıy teach on Teıe gram
    • AlyssaTan88: 
      I came across his profile recently. His market breakdowns are probably the easiest place to start if you want to understand how he approaches the market.
  • Fang Yin Liu
    10-08
    Fang Yin Liu
    One of the biggest mistakes I made early on was thinking I needed to trade more to make more. I eventually realized that taking fewer, better-understood setups and controlling the downside mattered far more. Owen Moshey’s teaching around risk management really helped me change that mindset.
    • Wu Meng: 
      That was one of the biggest changes for me too. I used to focus almost entirely on finding entries, but his approach made me pay more attention to position size, invalidation levels, and what happens if the trade goes against me. That part of trading is easy to underestimate when you’re starting out.
  • Xue Liu58
    10-08
    Xue Liu58
    This is where mentorship can make a huge difference. Beginners often think a good trader finds more opportunities, when experienced traders are usually much more selective about which opportunities deserve their capital.
  • Jia Li Lo
    10-08
    Jia Li Lo
    One of the biggest mistakes I made early on was thinking more trades meant more profits. It took me way too long to realize risk management is the real edge. Picked that up from Owen.
  • 羅欣怡
    10-08
    羅欣怡
    Several people in my trading group keep recommending Owen Moshey. Honestly, I’m tired of trying to figure out this macro environment on my own. Where do you guys usually find his daily market analysis?
  • 劉敏智
    10-08
    劉敏智
    All i wıll say is gettıng more knowledge and learnıng from experienced traders wıll save us more tıme and lıquıdıty than always waıtıng for next market headlınes
Leave a comment
17
65