The performance of SpaceX SPCX exceeded expectations yesterday, opening at 107.09, with a low of 105.11 and a high of 115.75, closing at 114.92, up 6.14%. 255 million shares were traded throughout the day, which is approximately 2.17 times the daily volume of 65, and the closing was at a 92% amplitude throughout the day. This is a fairly standard 'buyer temporarily wins after a massive turnover'. This trend confirms several previous speculations: 1. Unlocking the bearish sentiment has indeed been largely preemptively traded 2. Obtaining the qualification to sell does not mean selling immediately The credibility of the stage bottom near 105 has significantly increased More importantly, yesterday was a very timely release of news about the construction of a Te'r ā f ā b chip factory in Texas to support the market, and today there will be a release of Grok4.6. The previous speculation about Musk's intention to conduct market value management and use narrative to support fragile fundamentals has been verified. There is a high probability that the Te'r-a-fab factory will quickly complete the construction of land and factory buildings to support the narrative, but the stability of yield and output will continue to be delayed according to Musk's whims. At the same time, Trump's mid-term election is about to officially start, and Musk will again contribute money to support the election. During this period, it will be expected to do some benefit exchange to obtain a large order from the Ministry of Defense, and even the subsequent merger of Tesla SpaceX will probably go green all the way. Trump also needs the pre election headline of "Space Big Order, American Jobs" to support the election. Next, let's look at a few intervals: 112-115: If we can hold on for the next two to three trading days, it indicates that the unlocking selling pressure has indeed been effectively absorbed. 120: Only by closing at 120 can we officially upgrade around 105 to the bottom of the stage and enter trend repair from the 'bearish rebound'. 125-130: This is the pre reporting rush zone and the area with a large number of trapped positions. Breaking through and holding on indicates that active funds are beginning to continue flowing back. If it quickly falls below 110 again and high trading volume continues, then 114.92 may just be a one-day rebound created by short covering and Terafab news. @BITstocks_CN buys US stocks on BIT, with over 10000 US stocks and ETFs, holding real positions and enjoying dividends.