Sidus Space (SIDU) is presenting Cup & Handle formations in the current small-cap space sector. From January 2026 through April 2026, SIDU carved out a clean Cup & Handle pattern with a well-defined base. The cup formed from the $5.20 high in January, bottomed near $1.80 in February, and returned to the $5.20–$5.40 resistance zone by April a full, symmetrical rounding bottom. The yellow rectangle marks the Supply Zone ($4.20–$5.20), which the stock has now broken above on significant volume.
The Parabolic Run & S/R Flip: SIDU entered a full Parabolic Run phase, detaching from all moving averages - a classic institutional momentum signal. The $5.40–$5.50 zone has completed a textbook S/R Flip. What served as hard resistance for months is now concrete support. The stock tagged $5.99 and pulled back - this is the Handle forming in real time, not a sign of weakness.
The Lonestar Data Holdings contract expansion (StarVault orbital payload) served as the fundamental catalyst that confirmed the breakout was not a false move. Volume on breakout days reached 38–43M shares - more than 2x the average daily volume.
**Two Measured Move Targets**
Target 1 - Conservative: Based on the inner cup depth of $2.59 projected from the breakout zone at $4.36, the first target lands at $6.95 (+70.54%).
Target 2 - Full Cup Projection: Based on the full cup depth of $4.32 from the $1.00 low projected from the breakout zone, the major target lands at $9.64 (+80.53%).
**Key Levels**
A clean close above $6.00 on strong volume is the official trigger for Target 1. The $5.40–$5.50 zone is now the support floor - any retest of this zone is accumulation opportunity, not a warning sign. SMA 20 is at $3.49, confirming the stock has fully detached from its base. Stop for active positions: $4.75.
**Bottom Line**
The cup is complete. The handle is forming. The catalyst is confirmed. The two targets are mapped. Waiting for the $6.00 trigger.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
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.
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.
