A lot of excitement over the SpaceX earnings and for good reason Great report and some hope for the AI trade to continue... However remember what price has done in the last few weeks Specifically in tech and high beta We've had a failed breakout in $QQQ and then $SPY and came back into range and under the key moving averages Many of the AI darlings have gone lower for multiple days in a row so a bounce here makes sense... BUT Don't get caught chasing a gap up into a retest of the moving averages on many names
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