SPCX - Don't Guess The Bottom, Trade The BreakSpace Exploration Technologies CorpBATS:SPCXWicktatorFXSpaceX has been carving a clean A-B-C correction since the $225 high. Wave A bottomed, wave B gave the lower-high bounce, and wave C is the leg we're in now — the final push lower. The whole of wave C is riding one red descending trendline. Every candle since the B high has respected it. That line is the map. The easiest entry isn't guessing the low — it's letting price come to you. Wait for a clean close above the red trendline. That's your confirmation the sellers are done and wave C is complete. No break, no trade. Break it, and the rounded reversal into the next leg up is on. The fundamentals are stacking up underneath: - 13th Starship flight is set for 23 July — a live catalyst days away - Nearly 30% of the float is sold short — a break forces those shorts to cover, and that buying pours straight back into the move - Price has slipped below the $135 IPO price — the dip the big money waited for. ARK has already stepped in Confirmation: break of trendline Stoploss: below price post breakout. Goodluck and as always, trade safe!