SPCX offers tactical moves from IPO to Day 3, Scott Redler notes

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Olga Shendetskaya

1 hour ago

SPCX offers tactical moves from IPO to Day 3, Scott Redler notes — SPCX sees active trading after IPO

Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, commented on trading activity surrounding SPCX.

Redler described how the first day of the IPO provided setups for dip buying on Day 2 and trimming or trailing positions into Day 3, highlighting an active tactical approach for traders. He noted the stock price around $210 in his update.

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Redler has previously focused on post-IPO price levels, noting that CBRS remained at $216 after failing to recover its $350 level. He has also tracked trading signals in other stocks, monitoring SOXL’s position relative to its prior low and the 8-day average near $240. These past observations highlight his emphasis on key price points and technical setups.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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