Stock price rise before July 2
"I would not be shocked for a nice little run going into July 2nd. All right? A nice little run going into July 2nd. That's my my optimistic view and I say that because all those ETFs have to buy. You could be looking at upward to $20 in forced buying. That will have an effect, but not like you're thinking because the institutions are the one that sells to them on the last second of of the second. And that is all done. And then it's it's finished. At that point, all the pressure's gone and I expect to see a downward push after that moment."
ℹ️ In shortThe analyst predicts a short-term rise in SpaceX stock price before July 2 due to forced ETF buying, followed by a decline.
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… If we consolidate, the volume Look at the volume here, dropping. People are getting tired. It's dropping down. A day like this, the volume was the lowest it's been since it's been live. The lowest it's been since it's gone live. The volume is dropping, the selling pressure is giving up. You are seeing it here. I would not be shocked for a nice little run going into July 2nd. All right? A nice little run going into July 2nd. That's my my optimistic view and I say that because all those ETFs have to buy. You could be looking at upward to $20 in forced buying. That will have an effect, but not like you're thinking because the institutions are the one that sells to them on the last second of of the second. And that is all done. And then it's it's finished. At that point, all the pressure's gone and I expect to see a downward push after that moment. Uh not as big as you might think though. The push I see is going to happen as the share unlock happens. And we talked about this. We've come in here, we've discussed it. Uh that's when I expect to see some really big pressure on the downward. And we got it right here. And I'll say it again. All right, we got it all corrected now, too. So, 20% will …
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