$LAB is showing signs of exhaustion after a strong rally. With RSI near overbought, weakening momentum, and sellers beginning to step in, a short-term pullback looks increasingly possible.
A rejection from current levels could trigger a deeper correction. Stay disciplined, respect your stop loss, and let the market confirm the move before entering.
After defending key support, $RE is showing improving momentum with buyers regaining control. Holding above the demand zone keeps the bullish structure intact.
$RE is holding a strong demand zone after a healthy correction, with buyers stepping back in. As long as support remains intact, the probability favors another move higher.
Elon Musk's $SPCX plunged 10.5% today, erasing more than $250 billion in market value.
The stock has now declined for three consecutive trading sessions, as investors reassess its post-IPO valuation and analysts debate whether the recent rally pushed prices too far, too fast.
📉 With volatility rising, all eyes are on whether buyers defend key support or if the correction continues.
That $SPCX post-IPO pump already feels like it happened months ago.
The stock is down 24% since last Tuesday, and sentiment has shifted fast.
I still believe $SPCX has the potential to become one of my largest positions by the end of 2027—but I'm not rushing in yet.
The tradable float is still extremely limited, making price action more volatile.
What's even more important is that mid-August earnings coincide with the first 70-day lock-up expiration, which could nearly double the tradable float.
A larger float combined with a disappointing earnings reaction could create a far more attractive entry.