Space stocks are showing signs of a strong short-term push higher.
The main action is centered around $SpaceX(SPCX)$ , which is acting as the major macro catalyst for the whole sector. As $SpaceX(SPCX)$ runs, technical charts indicate capital is rotating into high-beta secondary plays.
This tailwind is expected to drive sympathy pumps across other sector leaders like $Velo3D, Inc.(VELO)$ , $AST SpaceMobile, Inc.(ASTS)$ , and $Rocket Lab USA, Inc.(RKLB)$ soon.
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- MaMaMoo·06-23 21:42The other space stocks have been on the downward trend recently… Don’t think space stocks (beside SpaceX) have any tailwind for the short term.LikeReport
- Money snake·06-23 04:45wrong analysis bro crash 16%LikeReport