SPCX is back at $139—this time I actually don’t want to rush to call it a breakout
Just looking at SPCX again today—the price is back around $139. In the past 24 hours it once touched above $144, then fell back; over the past week it’s still up by about 8%. If you stretch the timeline a bit more: it dropped to a low of $105 on August 3, and has since bounced back by roughly 30% from the low. This chart looks really thrilling. Two months ago it hit a peak of $225, then kept getting smashed down to $105; when everyone thought it would keep falling, it suddenly pulled back to around $140. So seeing people start shouting “back to 200” now doesn’t surprise me at all.