$SpaceX(SPCX)$ That yellow engulfing candle yesterday went up to $158 after opening at $154 and closed at $151.85. Every day except one after 8/11/26 closed down the next day. Today we closed up. I'm not that smart, but this seems to tell me there are a lot of buyers buying the dip. Most bears don't realize that small retail investors, even buying 1 share, are buying this stock along with major institutions, universities, and countries. Trade it if you want, short it if you want, but thinking the trend is not your friend defies logic. Shorts down here are insane. $158 could be a trade level for buying or shorting, and $165 could be too. Long term is where the wealth is. Meta, AMZN, and plenty of others made millionaires through buy and hold. I wish I had been smarter back then.
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