The most recent SPCX (SpaceX) short swing trade hit the maximum suggested stop (if targeting T3) for a 7% loss & will be moved to the Completed Trade archives. Previous (Aug 30th entry) & updated 30-minute charts below.
SPCX 30m Aug 25th
SPCX 30m Sept 3rd
SpaceX remains on watch for the next objective short-term swing trading opportunity, long or short. At this time, I don’t have a strong read on the near-term direction of the stock.
FYI- I’m currently preparing a video covering the agricultural commodities (DBA, wheat, corn, soybeans, sugar, etc.) for which we recently booked profits at the initial long-term target, awaiting an objective re-entry on those positions, which should be posted around 2- 3 p.m. ET today.