Adding 1 more position in SpaceX (SPCX) at $136.00.
📉 The Setup: The "IPO Base" Double-Bottom
Re-Testing the $135–$138 Demand Floor: The $135–$138 zone represents the original offering/listing launchpad. Retesting this key horizontal support floor allows institutional "smart money" to complete their accumulation cycles. Buying at $136.00 puts our average cost right on top of major institutional bids. 🛡️
Volume Absorbing Panic: The daily momentum oscillators are nearing extreme oversold territory on this pullback, creating a prime setup for a sharp V-shaped recovery off the IPO base.
🚀 The Catalyst: Starlink Cash-Flow Engine & Starship Scale
The fundamentals behind SpaceX haven't changed—they've gotten stronger while the price got cheaper:
High-Margin Recurring Cash Flow: Starlink's subscriber count continues to surge globally, providing predictable, high-margin utility cash flows that lock in long-term earnings expansion. 🛰️💰
Starship Payload Dominance: As Starship operations ramp up, launch cost per kilogram plummets to levels no competitor on Earth (or in orbit) can match. 🚀⚙️
Global Monopoly Moat: SpaceX controls over 80%+ of total global mass-to-orbit capability. You are buying a literal monopoly at a discount.
💡 Final Verdict
Short-term price action in high-conviction mega-growth plays is just noise. Adding at $136.00 allows us to build an unshakeable long-term bag while the retail crowd waits for green breakout candles.
"Scale into category killers when the crowd flees the retest."
Invest safe, Tiger friends! [Allin]
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