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SPCX Update — 10/8
$SPCX closed at $167.60, down 2.51%, after trading between $165.65 and $171.31.
Yesterday’s expected second leg down didn’t really happen. The stock held around half of Monday’s bullish candle and closed with a doji, suggesting short-term consolidation rather than a clear breakdown.
The key level tonight is the 5-day MA. Lose it, and I’ll watch $158 next.
For now, I’m still holding SPCX and focusing more on the Q3 earnings timeline than short-term price action.
#Winklevos
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