Stock of the Day: SpaceX Is Climbing — But Sellers Are Waiting Above
Shares of SpaceX (SPCX) have hit resistance around the $140 level. There is resistance at this price because it was previously support.
SpaceX's stock price has climbed up to around $140 per share, but there are many people waiting to sell if it goes higher, which might slow it down. When you see a stock hit a price level where lots of selling happened before, watch to see if it can break through or bounces back down.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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