$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
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