Posteo

$SPCX is a tough one to read with normal indicators because lockup supply can dominate the price action. The key date is Aug. 20, when about 319M shares—roughly 7% of shares outstanding—become eligible to sell. But eligible ≠ guaranteed selling. The real test is whether the market can absorb that supply. So instead of predicting the next move, watch the reaction to the unlock. That will tell us more than any single technical indicator. 👀