The analyst advises selling SpaceX (SPCX) stock at $200 and expects the price to drop below $135 in a few months, possibly down to $65 in 9 months.
The stock is expected to peak at $200 and then crash below $135, potentially reaching $65 in 9 months.
$SPCX hit $220 in the early hours of the PM, now at $199 Like I said before the IPO release $SPCX is a sell at $200 A clear as day sell And you’ll be able to add it below $135 in a few months
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -4.9% | -3.7% |
| 1 week | -22.6% | -20.4% |
| 1 month | -35.0% | -35.1% |
| 3 months | -26.6% | -28.0% |
| 6 months | — | — |