SPCX- After the IPO listingSpace Exploration Technologies CorpBATS:SPCXArtem_DishelAfter the IPO listing, on the weekly timeframe, the growth is still continuing. The price has printed a new high at 225.64. We also have a new daily candle. The previous daily candle opened with a gap. The numbers are: Open: 200 High: 225.64 Close: 201.80 Low: 195.13 Right now, we have a clearly visible impulse move from the first zero level at 181.72 up to the high at 225.64. And now the market is in a very important correction phase. There are two possible scenarios. The first scenario: if buyers support the price at the opening and the correction holds, then we can continue moving higher toward the next target at 252. The second scenario: if the price fails to hold this zone, then we may start seeing the formation of a trend reversal into a short scenario. So right now, the key point is not to guess the direction, but to watch the reaction after the impulse. Either the market confirms continuation of the IPO momentum, or it starts building the first signs of a bearish reversal.