John FitzGerald
08-12

$SpaceX(SPCX)$ SPCX tried to shake people out early, dipped hard, then snapped right back and finished strong. That kind of action usually means bigger players were scooping shares while everyone else panicked.

Volume is heavy, interest is high, and the price closed way stronger than it opened. That's the kind of behavior worth watching closely. It's sitting in the middle of its yearly range, which is exactly where big moves tend to start forming.

Nothing crazy happened, but the way it recovered makes it feel like this thing might be gearing up for something. Could be news, could be positioning. Either way, it's worth keeping an eye on.

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