SPCX SpaceX 2-Hour Chart; Positive Divergence

It is futile to trade SpaceX technically since it is still an infant. SPCX has been available for 21 trading days so the weekly charts got nothing unless you want to look at a 6-week MA. Same-o for the daily chart. If you bring that up, you see the IPO price at 135 and the stock opened at 150. It popped above 225 as the biggest fool bot with both fists and is now wearing a barrel.

There is a 20-day MA at 161.40 that started over the last couple days (because it is now 21 days old). Price is below the 20-day so that is a bearish vibe. The RSI is flattish on the daily chart but slips slightly lower losing the 50% level slipping into bear territory. The stochastics, however, are oversold, with nowhere to go but up in the daily time frame. Money flow is also positively diverged on the daily chart agreeable to a move higher from here on the daily basis. A lower standard deviation band number is 126, again, all this data is fresh and you cannot read a lot into it since the stock is so young, so price may want to try and tag that 126 before a sustainable run higher on the daily basis occurs.

All that mumbo-jumbo brings us to the 2-hour chart above that finally has some technical aspects to assess. The blue lines show the IPO price at 135 and the opening price at 150. The 150 was held through Friday, July 10th, and then the bottom fell out. There must have been a backroom deal with market makers and bankers to maintain the 150 price until 7/10/26. Maybe they also have an agreement to hold the 135 for a certain amount of time?

Regardless, SPCX falls to 136 only a buck above its IPO price not exactly the ringing endorsement of the future that many had hoped for but again, it is an infant in the stock market and it has to learn to crawl before it can walk.

The 2-hour chart is a happy set-up for SpaceX. The green lines show price making the lower low while all the chart indicators are sloping higher, positive divergence, so she is loaded up with fuel and ready for blast-off in the 2-hour time frame (the day-traders and swing traders playground). Price also violated the lower band so a move to the middle band at 145 is on the table. Price should bounce in this time frame and perhaps seek a back kiss of the 150 since that did not yet occur.

The daily chart does not have enough technicals but the happy stochastics and money flow will join the happy times above and send SPCX higher for a couple-few days. Guessing at how the daily chart will develop, however, there is likely still a bit of weakness perhaps to touch the 126 or at least test the 135 price to see if the market makers are supporting it there. Guessing, since there are no technicals, price may want to bump around 126-135 after the couple days of happiness shown above. That may place the bottom in the daily time frame maybe later this week or early next week and begin a multi-day rally that likely takes it back above 150.

What does all this mean? Probably a bounce now in the 2-hour time frame for a day or two then roll over again perhaps down to 126-135 for a few days and that would be a bottom in the daily time frame where price would run higher again from there with a multi-day rally probably above 150 and more. It can only be day-traded now from a technical perspective. Keystone is not in it long or short and probably will not play it. It is likely a good play now for a long but take the profits later today or tomorrow or before the weekend.

The stock is probably worth about $65 so even at its current price it is probably too expensive but hype and crowd behavior can easily send price far higher. The sap and bagholding fool at 225 hopes so. The humanoid talk is comical. Who needs a $30K garbage robot to fold your laundry? It is laughable. Americans have tiny homes and zero in their bank accounts so a nonsense robot like that is a joke. The humanoid could only operate in a large wide open mansion performing stupid duties; it would probably be more of a novelty piece. And electricity and water does not mix; that is why they are not showing the humanoid washing the dishes or watering the garden. Maybe the robot can be trained to wipe your *ss. That' funny.

The reason Musk and SpaceX is into the humanoids is not for us to use but rather for space exploration and military applications. It is surprising that no one talks about the obvious. The humanoids are being refined because you can load up a couple dozen in a space ship and fire them off to the moon or Mars. They can walk around and explore planets and feed the data back to Earth. There would be leaps and bounds in technology quickly instead of waiting for another astronaut to collect a rock and bring it back for analysis. In addition, humanoids and drones will fight the future wars on Earth; the drones are now. Be there or be square.

The satellites and Starlink are the bread and butter for SpaceX but it will be interesting as the space junk fills the black skies above Earth. Linda Perry is a helluva talent and great songwriter. Here is Spaceman from years ago. If you were standing in front of her, the resonance from her voice would knock you over; so powerful for such a small lady. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Thursday Morning, 7/16/26: SpaceX was receiving lots of attention yesterday as traders and the media watched the price action at the 135 IPO price that was arbitrarily set when the stock went to market. Bloop. Price drops to 132 but closes at the 135. The market makers probably let it go to see if there was support but it did not appear so and then the pump back to 135 occurs. Nothing has changed. The positive divergence on the 2-hour has SPCX fueled up and ready to fly high. You still have to wait for technicals to appear on the daily chart to get a better bearing but the 2-hour wants price to rally for a day or two.