SPCX Daily From this Weekend Update, posted Saturday and emailed out on Sunday: Friday’s breakout strengthens the bullish case. If SPCX holds the breakout and continues making higher highs, a return toward the $225 area becomes a scenario worth watching going into 2027. We could not ask for a more bullish start to the week and follow-through into the new month and quarter than the above action in SpaceX. The same holds true for its leveraged ETF, SPCH: My upside objective for this leg of the advance is the high teens, provided the breakout holds Options The SPCX January 15, 2027 $170 calls have 102 days remaining, giving the bullish scenario time to develop. SPCH Dec $11C The December $11 call highlighted in the Weekend Update is now in-the-money. If buying now, look to the $13 call for the best bang for the buck, anywhere under $2. Stops Any option retracement to -50% is an automatic exit, no questions asked. If and when options reach +100% a 50% trailing stop attaches to the trade, which, if hit, still allows a trader to keep 10% to 20% of the position, just in case. As for the charts, we will focus on SPCX for any breakdown to dampen our bang-the-table bullishness. For now, it would take a breakdown and daily close below the red horizontal support trend line, approximately $158, to bring the bullish thesis into question PS: Another breakout from Weekend Update: RXRX
