SpaceX stock remains structurally bullish on the daily chart despite a 34% pullback from post-IPO highs. Price sits comfortably above key moving averages, with the EMA stack confirming the uptrend is intact. The divergence between headline decline and technical structure defines the current setup.

Key takeaways

• SPCX closed at 147.95 with a clean bullish EMA stack, holding above the EMA20 (139.60), EMA50 (137.62), and EMA200 (137.28).
• Daily RSI14 at 59.18 and positive MACD confirm the uptrend remains intact, with no overbought signal.
• The 1-hour chart shows early momentum cooling via a negative MACD crossover, though trend structure has not broken.
• A daily close below…