Defiance Daily Target 2X Long [SpcX] ETF

$SpaceX(SPCX.US) | Morgan Stanley 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗕𝘂𝘆 on 𝗦𝗽𝗮𝗰𝗲𝗫, maintains PT at $𝟯𝟬𝟬

$SpaceX(SPCX.US)The past week has been filled with negative headlines, and sentiment around high-beta growth names is still fragile. Even so, both Tesla and SPCX have held up much better than I expected instead of breaking lower.

I added to my SPCX position when it reclaimed the 20-day moving average. It’s still a small position, but I’m treating that level as a sign that buyers are willing to defend the trend despite the constant bad news.

My takeaway is simple: price matters more than headlines. If a stock can resist selling pressure during weak sentiment, it usually deserves more attention than the news flow itself.

@Captain's Treasure

$SpaceX(SPCX.US)

If you know who is EM

You will know this price will still goes

⬆️ or ⬇️

Your choice 😛

All eyes on SpaceX

$SpaceX(SPCX.US)Context: SpaceX has been relatively steady since my last update, with the price moving slightly lower but without any major change in direction.

My trade: I’m continuing to hold my SpaceX position and staying patient. The market price is now around 146.960, and I haven’t made any changes to my position. For now, I prefer to keep watching how the longer-term story develops rather than reacting to small price movements.

Takeaway: Short-term fluctuations are normal, so I’m focusing more on the bigger picture and giving this position more time to develop. @Captain's Treasure

Optoelectronics names "ran up" yesterday, I used the inverted commas because in reality, they have fallen a distance away from their all time highs. Swing trade momentum is still relatively high, as seen in the +/- 5% in these stocks.

$SpaceX(SPCX.US)I sold part of my SPCX position around its IPO price. After the recent rotation, the hardware sector is once again attracting capital on every positive catalyst, and that could put pressure on smaller thematic names like SPCX.

I’m not necessarily bearish on the story itself, but when liquidity starts concentrating back into hardware, other high-beta themes can get ignored quickly. For now, taking some profit near the IPO price feels reasonable and leaves me with room to see how the rotation develops.

My takeaway: when capital starts crowding into one theme again, protecting gains matters more than forcing the next move.

@Captain's Treasure

Looks like an ongoing rotation by the market as capital flows from the big defensive stalwarts of tech etc to the higher betas tech which to be fair looks good value.

Looks like a pretty textbook rotation from defensive tech and big caps back to high beta smaller cap techs as well as those clearly benefitting from the AI buildout.