Characterizing SpaceX’s Mid-Term Market Model＆Price Trajectory
First, we have identified a market-making model for SpaceX characterized by an overlapping descending channel.
The corrective phase likely began recently near the $182 level; while short-term rebounds may occur—triggered by key "hidden" Fibonacci levels—during a multi-month decline; the descending channel itself is likely to conclude at one of three critical price points..
Our ideal scenario is for the stock to exit the descending channel after November 2026 and transition into a new ascending channel market-making model—a trajectory that is highly likely to define SpaceX's long-term price path over the coming years.
good luck.
SPCX
The corrective phase likely began recently near the $182 level; while short-term rebounds may occur—triggered by key "hidden" Fibonacci levels—during a multi-month decline; the descending channel itself is likely to conclude at one of three critical price points..
Our ideal scenario is for the stock to exit the descending channel after November 2026 and transition into a new ascending channel market-making model—a trajectory that is highly likely to define SpaceX's long-term price path over the coming years.
good luck.
SPCX Trade active
SPCX has touched the upper boundary of the descending channel—a level viewed as strong resistance. I believe a false breakout has occurred, so I opened a short position at 140
Elon is going to play the kids for fools.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.