SPCX vs TSLA: Part 2

Wait 5 sec.

SPCX vs TSLA: Part 2Tesla, Inc.BATS:TSLAROW_PartnersSPCX Technical Setup Strong momentum reversal: The chart setup has improved significantly after finding support near $105. TTM Squeeze: Turned green, shows active increase in buying momentum. RSI indicator: Leading the recovery, crossing above 50 and holding higher for multiple sessions. Moving averages: Price reclaimed short term trend lines with a clear bullish crossover. TSLA Technical Setup Catching up: TSLA set its floor first after the post earnings selloff and is steadily building higher lows. RSI indicator: Strengthening quickly as it crosses back above the key 50 level. TTM Squeeze: Histogram turned blue, which gives a green light that negative pressure is fading. Moving averages: Trading above short term support lines, with a full bullish crossover remaining the next milestone. The Takeaway SPCX showed a sharper short term bounce, but TSLA continues to look like the better risk to reward play. Entering around the August 10 consolidation zone near $326 secured a clean cost basis. TSLA sits right underneath an unfilled earnings gap with proven fundamental support, making it the preferred core hold. OPNION. TGtg!