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Rebounds to $148 Ahead of Earnings, $152–$160 Becomes Key Resistance Zone

Rebounds to $148 Ahead of Earnings, $152–$160 Becomes Key Resistance Zone

TradingKey – As of the close on Monday (October 19) Eastern Time, SpaceX (SPCX) closed at $147.96, up 1.32% on the day, reaching an intraday high of $151.01. The closing price was noticeably under pressure below $150, indicating that this level has become short-term resistance. Previously, the stock had been continuously pulling back from its recent high of $176.42 on October 6, falling as low as $140.66 on October 15. The stock rebounded on Monday ahead of earnings, with the movement leaning toward a technical recovery following a high-level pullback.

On the fundamentals front, SpaceX is scheduled to release its Q3 2026 financial results after the U.S. market close on October 20, with the earnings conference call set for 16:30 Eastern…

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