
Postaus

BullRiderPK
đ¨ Is $SPCX Following the Same Playbook as $PLTR?
$SPCX is down more than 50% from its post-IPO high.
Many see a failed launch.
I see a chart that may be entering the accumulation phase.
I've watched this pattern play out before.
$PLTR (2020â2025):
â IPO at $10 in September 2020
â Surged to $39 within four months
â Lock-up expiration triggered heavy insider selling
â Declined to around $6 by late 2022 (roughly 85% off its peak)
â Spent months trading sideways
â Then rallied from $6 to $200+
The cycle looked like this:
đ Hype
đ Correction
âł Accumulation
đ Repricing
Most investors remember the final rally.
Very few had the patience to sit through the accumulation phase.
Now look at $SPCX:
â IPO on June 12
â Reached $225 just four days later
â Corrected to around $110
â Now consolidating in a tight range as market attention fades
That sideways action doesn't necessarily mean the story is over.
It can also be the stage where short-term traders lose interest while long-term investors quietly build positions.
The headlines sound familiar:
⢠"It's overvalued."
⢠"Insiders are selling."
⢠"Retail got trapped."
We've heard those before.
The market rarely announces when accumulation begins. There isn't a candle labeled "institutions are buying."
You usually recognize it only after the base is complete and price has already moved.
My current view remains unchanged:
â
If the $110â$115 area continues to hold, I remain constructive.
đŻ Longer-term target: $250+.
I'm not chasing. I'm waiting for the right setup.
When I make my first $SPCX purchase, I'll share it here.
This reflects my personal market view, not financial advice.
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