$SPCX

SpaceX held above the 100 Put Wall after earnings and lockup expiration, supporting a continuation higher toward the 130 Call Wall.

$SPCX is pushing above its $150 opening-day open, and a confirmed breakout could signal an accumulation phase for the long-awaited IPO.

$SPCX breaking above its $150 opening-day price would signal a potentially bullish departure from the post-IPO consolidation pattern.

$SPCX remains a long-standing position rather than a fresh call, with 172 to 173 targeted as the stock consolidates for a move higher.

SpaceX is unlikely to fall below $115 over the next 28 days, where the chart indicates a decent support level for the position.

$SPCX is more likely to decline toward the all-time-low VWAP near 136 and its 50-day moving average near 134 after lockup fears faded.

SpaceX is testing a declining 50-day moving average and remains an untrustworthy setup, despite a possible rally toward the anchored VWAP from its IPO.

$SPCX faces short-term resistance at $150 amid today’s lockup, with the level expected to cap further near-term upside in trading.

SpaceX probably continues lower next week after forming a lower high and lower low, despite a possible short-squeeze bounce before another rollover.