SpaceX stock is testing a bullish breakout above $135.50 after institutional volume surge. If it holds, targets reach $198; a break below $134.50 flips to bearish with support at $127, $106, and $70.
Chapters
SpaceX here, we had earnings. These largest trades in the last month, and you can see here millions and millions of shares, 4, 5, 6, about 7 million here back around July 13th. And we pulled back and there were more prints here, and we just consolidated sideways for a bit. Earnings came out and now we're breaking above these prints. Let's see if we can close above $139. I would say we could probably get up here to about $198. And if we close below this, about $106, $105, maybe we could come down to about the $70 level. But this is where the institutions So let's map this out intraday because there's lots of volume. That's what we need. We're going to be bullish above 135.50. We're testing that right now. Target 136. 136.58 is a cam. 137.23 is one of these prints I just mentioned, 1.7 million. Then we've got 138.32 and 45 is 1.5 million. 139 is the 4 million and 139.55 is our 1. Then we've got 140, 142.50, and then 143. 53 and then 145. On the downside, we're going to be bearish below 134.50. Right at 133.22 is this 1.1 million. 132, 131.58, 31.37 is a cam. And then we've got 130, 129.64 right here. 127.90 is a cam. 127.04 is back to the pivot. It's also my 200 exponential moving average there. So we could go either way. It just looks it's a little bit strong at the moment on the up
