SpaceX IPO Trade – Space Stocks Already Catching a Bid 🚀
The SpaceX IPO narrative is starting to heat up, and you can already see it in the tape — space stocks are holding up even in a weak market.
That’s not random. That’s money positioning early.
🔹 What I’m Seeing:
Even with shaky markets → this group is getting bought
Stocks are testing key breakout levels, not breaking down
That’s relative strength — and it matters
🔹 Key Names to Watch:
LUNR,
PL → sitting right at major breakout spots
ASTS,
RKLB → former leaders consolidating and holding gains
👉 This is classic sector rotation + theme trade
🔹 The Trade Thesis:
This is likely a pre-IPO run
Based on 20 years of experience:
👉 These hype events often run INTO the IPO
👉 Then sell off on IPO day or right after
🔹 How I’m Playing It:
Looking for clean breakout levels to trade around
Short-term mindset — this is a theme trade, not an investment
Take advantage of momentum → don’t overstay the party
🔹 Why This Works:
Markets price in narratives early
Retail piles in late
Smart money exits into that liquidity
The SpaceX IPO narrative is starting to heat up, and you can already see it in the tape — space stocks are holding up even in a weak market.
That’s not random. That’s money positioning early.
🔹 What I’m Seeing:
Even with shaky markets → this group is getting bought
Stocks are testing key breakout levels, not breaking down
That’s relative strength — and it matters
🔹 Key Names to Watch:
👉 This is classic sector rotation + theme trade
🔹 The Trade Thesis:
This is likely a pre-IPO run
Based on 20 years of experience:
👉 These hype events often run INTO the IPO
👉 Then sell off on IPO day or right after
🔹 How I’m Playing It:
Looking for clean breakout levels to trade around
Short-term mindset — this is a theme trade, not an investment
Take advantage of momentum → don’t overstay the party
🔹 Why This Works:
Markets price in narratives early
Retail piles in late
Smart money exits into that liquidity
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.