SpaceX Return Rate
PostsThe 402–390 range is a concentrated short-selling pressure zone. On Thursday, the closing price at 393.5 saw long positions entering with a change of hands. The rise during Monday's night session—London session—was driven by this big player plus retail investors. To continue pushing past 400–405, there needs to be a consensus on value. (412.5 is the high point of selling pressure)
Looking downwards, if 393–390 cannot hold, these players will also take profits and exit. The short side's target will move towards 385.
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