Scumbag Observation on SPCX Update 11.07
Big Rocket closed at 134.27 on Friday in the US stock market, up 8.62%, with an intraday high of 135.32 and a low of 128.57
Big Rocket closed above the 5-day moving average on Friday, just slightly above it, indicating a slight easing of market sentiment. So we need to first look at where the resistance lies.
Scumbag believes 140 is the first hurdle to overcome.
The on-chain candlestick looks more spirited, showing a bullish engulfing candle.
Next week, Starship 15 is coming, though it might be delayed, but this time the step is quite big. The acceleration of space computing power depends on the effect of Starship 15.
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