SpaceX volatility will diminish as it matures; price likely ranges between 135 and 150 before a breakout or breakdown, with no big opportunity.

SpaceX is doing what it's supposed to do. It rallied right into the anchor from the IPO last week, and got rejected, then this week again. And this is what we spoke about in the video last week is that we wanted to see if it rallied up to there, even even maybe slightly through, it would come down, break the 5-day moving average, and show a pattern of lower highs and lower lows.

But now you've got a rising 20-day moving average. So I think that I I I would expect volatility overall in SpaceX to start to diminish in here.

As it's more It's becoming more mature. We've got this 150 level is clearly a divisional area. 135 is the IPO level. So It It It seems likely that maybe it's going to pinball between these, and then either break down or break higher. I don't know.

I'm not trying to position for that. I'm I'm positioned in cash basically now, because I think that we're going to start to see volatility diminish. And that means maybe rally up, and if you want to trade it for that, great.

And just see that range tighten up. But other than that, I don't really see any, you know, big opportunity in there.