TradingKey – SpaceX (SPCX) has shown a clear rebound in stock performance recently. On September 3, SPCX surged 6.42% on heavy volume to $149.74, hitting an intraday high of $152.30; on September 4, it pulled back slightly by 1.20% to close at $147.95. Notably, while the three major US stock indexes all fell last Friday, SPCX saw only a minor pullback, still largely holding its breakout level following the previous session’s sharp gains.

SPCX daily stock price chart, Source: TradingView

Looking at the daily chart of SPCX’s stock price, the stock formed a short-term bottom above $105 in early August, after which its lows continuously shifted higher. The sharp rise on September 3 pushed it to a new two-month high, with trading volume reaching…