$SPCX minimum 16% upside potential ?!
Space Exploration Technologies Corp NASDAQ:SPCX
Since the IPO, I believe this is the first time buying **
**Why?**
1. The price attempted to make a new low three separate times, but each sell-off was aggressively bought up.
2. Positive earnings.
3. Momentum has slowed down, and today's price action suggests we could see at least a **16% upside move**.
4. Since the IPO, today is the first day we've seen buyers step back in.
5. The broader stock market is also trending higher, providing a supportive backdrop for further upside.