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$SPCX BREAKS BELOW $120 AFTER BACK-TO-BACK LAUNCH FAILURES 📉
SpaceX closed at $119.85 Monday, a 3.34% drop to its lowest since IPO. The catalyst is clear: two aborted missions in a week, including a Falcon 9 failure that halted Starlink launches. Momentum is decisively bearish with no technical support until $115.
The upcoming Q2 2026 earnings release on August 4 adds another layer of uncertainty — this is not a dip to buy until structure stabilizes. Are you shorting this breakdown or waiting for a liquidity sweep first?
Not financial advice. Always manage your risk.
#SPCX #Breakdown #Bearish #EarningsAlert
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SpaceX closed at $119.85 Monday, a 3.34% drop to its lowest since IPO. The catalyst is clear: two aborted missions in a week, including a Falcon 9 failure that halted Starlink launches. Momentum is decisively bearish with no technical support until $115.
The upcoming Q2 2026 earnings release on August 4 adds another layer of uncertainty — this is not a dip to buy until structure stabilizes. Are you shorting this breakdown or waiting for a liquidity sweep first?
Not financial advice. Always manage your risk.
#SPCX #Breakdown #Bearish #EarningsAlert
⚡
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