Space Exploration Technologies Corp (SPCX) – Buy Signal Alert
Space Exploration Technologies Corp has pulled back into a major Fibonacci support zone after a sustained decline. This is the area I'm watching for buyers to step in and potentially establish a higher low before the next move higher.
Entry: $115.00
Stop Loss: $103.16
🎯 Targets
Take Half: $137.83
Final Target: $163.51
Once price reaches $137.83, move your stop loss to breakeven and let the remaining position run toward the final target.
This setup offers an attractive risk/reward if support holds and the larger bullish trend resumes. As always, wait for confirmation before entering the trade.