SPCX SpaceX 4th Price Target Hit 14% Profit, Closing Trade Right Side Of The Chart

SPCX SpaceX 4th Price Target Hit 14% Profit, Closing Trade

The SPCX (SpaceX) Long Swing Trade has hit the fourth price target (T4) for a quick (1-week) profit of 14%. With the stock reporting after the close today & only 3-5% more upside to the T5 zone, I am revising the final target to T4 & closing out this trade, as the risk of holding out for relatively small upside potential doesn’t outweigh the risk of a potential large post-earnings drop that could wipe out most or all of these quick gains.

All associated posts with this trade will now be moved to the Completed Trades archives & I will watch/wait for the next objective entry on SpaceX, long or short. Previous & updated 30-minute charts below.