Follow the smart money, they say. Trump bought up to $5 million in $SPCX in August. After yesterday’s earnings the stock is full of momentum, up 8% in premarket. So what can we expect? The stock is marching toward the $176 resistance. A break there would confirm a bullish continuation of the new uptrend. Right after the IPO the stock got hit hard, just as we expected. Now smart money is accumulating and Musk keeps firing out strong PR. It won’t take long for this stock to make new highs. In my opinion it will overtake $TSLA sooner or later. But we also have to know when the structure turns bearish. Here’s the good news. The stock can build a higher low down to $105 without breaking the bullish structure. Everything below $105 would signal lower prices. Right now we’re far away from that. This stock will need a few more weeks to build a clearer structure in either direction. So what do you think of Musk’s idea to gift every child a $SPCX share?